• What is a T-CRUT?
• Why did you decide to form a T-CRUT?
• How can clients form a T-CRUT?
• What are the advantages and disadvantages of forming T-CRUT?
• Why should a client consider forming a T-CRUT?
• What requirements need to be met before the T-CRUT can be formed and avoid trouble with regulators?
• What are some taxes or tax deductions the owner and beneficiary have regarding the assets placed in a T-CRUT?

Assist Clients to “Give It Twice with a T-CRUT with Dr. Kathleen M. Rehl, Ph.D, CFP®, CeFT® Part 1

Assist Clients to “Give It Twice with a T-CRUT with Dr. Kathleen M. Rehl, Ph.D, CFP®, CeFT® Part 2

After serving his country, Scott was unsure which career path to pursue. Although he studied biology, he knew that this career path was not his calling. While Scott was paying down debt, he participated in a financial course for families that he discovered that financial planning was his true calling. However, he was unsure how to begin his journey, so he decided to talk to a financial advisor who worked in the Marine Corp. The financial advisor provided industry knowledge, the career aspect, and which paths were available to pursue financial planning. Therefore, he decided to research which programs were accredited and counted as the education portion for the CFP requirement. Scott shared that “California Lutheran University was one of the best programs out there because CLU was the only program that had the CFP courses embedded into the MBA.” 

While studying for this MBA, Brian mentioned that the behavioral finance course was the most impactful for his career. Although Brian did not appreciate that relationships came first before math and planning, this course was eye-opening to change his perspective. He realized that “building a relationship with a client is important because it helps construct trust and discuss the biases that influence human emotion, leading to financial decision-making.” When taking behavioral finance or any course from the Financial Planning Program, Scott’s advice is to “make sure to engage with the faculty since they are a wonderful resource.”

Although the MBA Financial Planning Program was challenging at times, Scott learned immensely from each course. The real value was seeing every puzzle piece come together for each class. Scott shares that “the pace was very tough especially when balancing work and family. There were times I spent the weekends studying and completing coursework. Also, I spoke with my administration person to schedule my meetings Monday – Thursday to give myself more time to study.”

While serving in the Marine Corps, there were many skills any recruit could learn while serving their country. Some of the skills he learned from the Marine Corp that will help him with his career in financial planning are planning and building flexibility. Scott shares that “the Marine Corp gave me several assignments that involved writing detailed plans that my team and I would share with our general.” Writing detailed plans for clients will come in handy because financial advisors must prepare clear deliverables when presenting to clients. Creating flexibility was another skill he learned in the Marine Corp that came in handy when balancing his life between school, work, and his family. 

The final piece of advice Scott offers to students is “to network and ask lots of questions about financial planning, and specifically ask questions about the difference between RIA, Broker-Dealer, and Independent Firms.” 

About Brian Scott: 

Brian Scott is a student who will soon graduate from California Lutheran University with his MBA in Financial Planning. He plans to start his independent firm or partner with an RIA after graduation. Before deciding his career path, he served as a pilot for the Marine Corps and studied biology.

About the Author: 

Rafael Nieves Rios is a graduate student at California Lutheran University, graduating in 2024. He is studying for an MBA in Financial Planning. 

Her financial planning career journey began in the early stages because she loves numbers and working with people. However, she was unsure if her clients would take her seriously because her clients would be working with a young financial advisor. Furthermore, while studying for her undergraduate degree, she knew that she loved people, numbers, and establishing a relationship with clients. She chose the MBA Financial Planning Program at California Lutheran University because the program will advance her knowledge. Also, “during my undergraduate, I did not have real-world experience. With the advancement of technology and the rise of fintech companies, I wanted to stay ahead of the curve. I love education and learning too because we never stop learning.” Several reasons to attend CLU are “the flexibility the program offers, the advancement of the courses, and the price of the program.” The most impactful course for her was the small business planning course because it was a learning experience, and the course was eye-opening when working with small businesses clients. Also, the applied research in financial planning because the course is eye-opening. She is writing a research paper on financial literacy in children and the available tools for children to learn financial topics. Finally, she advises students to “be ready to roll up their sleeves and do not think about it too much. Taking one course at a time allowed me to focus on that particular topic.” 

To prepare for the CFP®, she mentions that she completed her course work at UC Berkeley and purchased a “robust crash course from Kaplan.” After studying through the course, she felt more prepared to take the six-hour exam. Also, she advises that “you do not need to learn everything in the tax code; only the conceptual basis will be enough to help you answer the questions in the exam.”

Cristina Campbell, CFP®, is a Lead Advisor at Empirical Wealth Management. A typical week at Empirical Wealth Management begins with scheduling quarterly client meetings and client reviews to meet with clients to stay up to date with their current situations. If some of her clients went through life-changing events, she would map out how it would change their overall financial situation. Also, she spends a third of her time prospecting for new clients, and some of her clients are referred directly from Charles Schwab. 

In the next 5 to 10 years, she wants to continue working at her firm and someday become a partner. The final pieces of advice that Campbell offers to students are, “It does not happen overnight; incremental changes make a huge impact over the course of your lifetime. What I learned is that adding small amounts over time adds value.” Also, “it is important not to get stressed out about the little things. Focus on the big picture, work hard, and be kind to people.” 

About Cristina Campbell, CFP®: 

Cristina Campbell, CFP®, is a student at California Lutheran University studying for her MBA in Financial Planning. She is a Lead Advisor at Empirical Wealth Management, who assists clients reach their financial goals, creating and implementing their financial plans, and developing effective investment strategies. With over 13 years of experience, she specializes in retirement planning and strategies.

About the Author: 

Rafael Nieves Rios is a graduate student at California Lutheran University, graduating in 2024. He is studying for an MBA in Financial Planning. In February 2020, he created a personal finance blog called Financial Crumbs. 

Cristina Campbell, CFP®, is passionate about assisting her clients in reaching their financial goals by creating effective financial plans and investment strategies. She has over 13 years of experience in the financial services industry and specializes in retirement planning. While studying for her MBA in Financial Planning, Campbell had the opportunity to work at Empirical Wealth Management. Campbell has worked for several companies, including Charles Schwab and Fidelity Investments. Her previous experience and the CLU program have prepared her to continue servicing her clients. 

Her financial planning career journey began in the early stages because she loves numbers and working with people. However, she was unsure if her clients would take her seriously because her clients would be working with a young financial advisor. Furthermore, while studying for her undergraduate degree, she knew that she loved people, numbers, and establishing a relationship with clients. She chose the MBA Financial Planning Program at California Lutheran University because the program will advance her knowledge. Also, “during my undergraduate, I did not have real-world experience. With the advancement of technology and the rise of fintech companies, I wanted to stay ahead of the curve. I love education and learning too because we never stop learning.” Several reasons to attend CLU are “the flexibility the program offers, the advancement of the courses, and the price of the program.” The most impactful course for her was the small business planning course because it was a learning experience, and the course was eye-opening when working with small businesses clients. Also, the applied research in financial planning because the course is eye-opening. She is writing a research paper on financial literacy in children and the available tools for children to learn financial topics. Finally, she advises students to “be ready to roll up their sleeves and do not think about it too much. Taking one course at a time allowed me to focus on that particular topic.” 

To prepare for the CFP®, she mentions that she completed her course work at UC Berkeley and purchased a “robust crash course from Kaplan.” After studying through the course, she felt more prepared to take the six-hour exam. Also, she advises that “you do not need to learn everything in the tax code; only the conceptual basis will be enough to help you answer the questions in the exam.”

Cristina Campbell, CFP®, is a Lead Advisor at Empirical Wealth Management. A typical week at Empirical Wealth Management begins with scheduling quarterly client meetings and client reviews to meet with clients to stay up to date with their current situations. If some of her clients went through life-changing events, she would map out how it would change their overall financial situation. Also, she spends a third of her time prospecting for new clients, and some of her clients are referred directly from Charles Schwab. 

In the next 5 to 10 years, she wants to continue working at her firm and someday become a partner. The final pieces of advice that Campbell offers to students are, “It does not happen overnight; incremental changes make a huge impact over the course of your lifetime. What I learned is that adding small amounts over time adds value.” Also, “it is important not to get stressed out about the little things. Focus on the big picture, work hard, and be kind to people.” 

About Cristina Campbell, CFP®: 

Cristina Campbell, CFP®, is a student at California Lutheran University studying for her MBA in Financial Planning. She is a Lead Advisor at Empirical Wealth Management, who assists clients reach their financial goals, creating and implementing their financial plans, and developing effective investment strategies. With over 13 years of experience, she specializes in retirement planning and strategies.

About the Author: 

Rafael Nieves Rios is a graduate student at California Lutheran University, graduating in 2024. He is studying for an MBA in Financial Planning. 

Megan Duarte’s passion is helping clients with their financial needs while assisting them with their financial goals. While studying for her MS in Financial Planning, Duarte had the opportunity to work with her father at Ameriprise Financial Services, LLC. She spent time advising clients on reaching their financial goals within their specific time horizons. Her father’s influence and support inspired her to pursue today’s career.  

Financial Planning was introduced to Duarte at a very young age by her father, who was running a successful financial management firm. He would tell her that she was his “retirement plan,” meaning that she would someday take over his business once he retires. Duarte will be a 2nd generation planner who will take over the company and continue the legacy from where her father left off. Duarte mentions that being a 2nd generation planner can bring a sense of “pressure to live up to the 1st generation’s knowledge and experience.” Furthermore, she mentioned that “I would like to implement some ideas once I take over the business. Some of those ideas include focusing more on the multigenerational relationship in addition to my current tasks at hand.” Finally, she differentiates herself in the financial service industry by providing “quick response times, accuracy in information, and consistent contact.”

After interning for her father, she decided to pursue her MS in Financial Planning. Her father influenced her career in becoming a financial planner. She grew up around the financial services industry because she spent time with him and the industry. While studying for her MS in Financial Planning, Duarte shared that the tax planning course was necessary for her career because “I was able to plan for myself and look at my tax return while applying the knowledge to my current situation. Also, use this information for future conversations with clients.” Duarte recommends that students who will be taking the tax planning course now or in the future “understand the concepts and the numbers that change and don’t in each client’s tax returns.” Furthermore, “paying attention in class” is crucial to succeeding in this course because there are many regulations and tax rules that future financial practitioners can educate clients with, potentially minimizing tax liabilities.

While she was deciding which career to pursue, her father would exemplify her career choices and explain the career aspects. Her father was very supportive about which career she wanted to pursue. For example, her father will explain what a day in life would be like as a pediatrician and provide examples of the daily demands in the job. Once she decided that financial planning would be the career of her choice, she began to learn the industry from her father. Since then, her father would bring her to the office to learn and observe her father’s responsibilities. Also, her father would share with her the benefits of being a financial practitioner because “the career is about helping people and making sure that clients trust our advice.” Duarte exemplifies that “people need financial help whether they recognize it or not” because clients who need financial help will achieve financial success. 

As a financial advisor, it can be challenging to assist clients who do not implement the advice you offer to them and guide them in the best way possible. Therefore, finding ways to work with them and change interactions can be positive. Duarte has had several experiences with demanding clients and situations during her client meetings, such as “being overconfident in their knowledge or not understanding ramifications of their decisions. Also, clients that do not want to take your advice and do not act upon the advice can be frustrating.” As a result, clients that do not take your advice seriously can be unmotivating to continue offering advice to these clients. Duarte provides solutions for demanding clients to be likable and answer all clients’ questions before giving financial advice. 

Duarte mentions that her next career steps are obtaining her CFP and strengthening her team to create capacity and market themselves better. The final piece of advice Duarte offers to students is, “To pay attention in class. Patience and work on your communication skills because there are different types of people. Learn how to be likable and deliver financial information to clients that can understand what you are saying and make sure that the deliverables you present do not sound rude.” 

About Megan Duarte: 

Megan Duarte is a financial planning professional working with her father in the financial planning business. Duarte and her father serve and advise clients at Ameriprise Financial Services, LLC. She is currently studying to obtain her MS in Financial Planning from California Lutheran University. 

About the Author: 

Rafael Nieves Rios is a graduate student at California Lutheran University, graduating in 2024. He is studying for an MBA in Financial Planning. 

• What is a retirement style? 
• What types of retirement style options do clients have during retirement? 
• How does RISA™ help clients meet their financial goals?
• What should clients do before retirement? 
• How can clients find their retirement style that best fits their needs? 
• Why should financial professionals begin to incorporate retirement styles in their practice? 
• What are some of the tax issues that may arise for a retiree during their retirement? 
• What are several important decisions retirees or soon-to-be retirees make before they officially retire? 

References:

• Murguia, Alejandro and Pfau, Wade D., Retirement Income Beliefs and Financial Advice Seeking Behaviors (February 1, 2021). Available at SSRN: https://ssrn.com/abstract=3788425 or http://dx.doi.org/10.2139/ssrn.3788425
• Get your free RISA Assessment here.

Guest 

Wade D. Pfau, Ph.D., CFA, RICP®, is the program director of the Retirement Income Certified Professional® designation and a Professor of Retirement Income at The American College of Financial Services in King of Prussia, PA, as well as a co-director of the college’s Center for Retirement Income. As well, he is a Principal and Director for McLean Asset Management. He holds a doctorate in economics from Princeton University and has published more than sixty peer-reviewed research articles in a wide variety of academic and practitioner journals. He hosts the Retirement Researcher website and is a contributor to Forbes, Advisor Perspectives, Journal of Financial Planning, and an Expert Panelist for the Wall Street Journal.  Wade’s newest book is Retirement Planning Guidebook: Navigating the Important Decisions for Retirement Success. 

Host: 

Chia-Li Chien, Ph.D., CFP®, PMP®, CPBC, is an Assistant Professor and Director of the Financial Planning Program of California Lutheran University. Before her academic role, she held several senior management positions in Fortune 500 companies, including Diageo, ABB, CIGNA, and RSA Insurance Group. Dr. Chien is a frequent speaker about succession planning at national conferences and has published three books, including her most recent publication, “Enhancing Retirement Success Rates in the United States.” She publishes research on succession topics in a variety of academic and practitioner research journals. Dr. Chien serves on the boards of various national financial service associations. She holds a doctorate in financial planning and is a Certified Financial Planner (CFP®) as well as Project Management Professional (PMP®). Chia-Li Chien is pronounced Jolly Jan.

• How does anyone begin to find their personal intention in the financial service industry?
• Where does your passion come from? 
• What advice would you have for anyone who feels lost in their journey?
• How can financial planners deal with imposter syndrome? 
• How can financial professionals face their challenges and cope with failures? 
• What are some steps anyone can take to find their “Tribe”? 
• How does DEI play a crucial role in the financial services industry?
• How does a company go about inclusion of diverse professionals to be welcomed into the firm?  

Guest:

Angie Ribuffo was born in Augusta Georgia, the child of a military family and lived in Germany and Thailand.In 2008 she decided to move into the world of financial planning by becoming a financial advisor and in 2019 opened her own firm Raion Financial Strategies LLC. She holds 6 designations CFP®; RICP®; ChFC®; CDFA®; CLTC® and WMC®. In 2018, Angie was recognized by InvestmentNews ,Women to Watch and inducted into the Anchorage Athena Society. 2017-2018 , the National President of Women in Insurance and Financial Services (WIFS). In 2012, she was awarded the Women in Insurance and Financial Services (WIFS) ANGEL award recipient. From 2012- 2021 she has been recognized as a WIFS Circle of Excellence recipient. Angie is married to her husband of 40 years, Steve, has 2 adult sons, Stephen and Daniel, a 8 year old granddaughter, Tahli and 4 year old grandson, Malcolm and her golden retriever, Abby.

Host: 

Chia-Li Chien, Ph.D., CFP®, PMP®, CPBC, is an Assistant Professor and Director of the Financial Planning Program of California Lutheran University. Before her academic role, she held several senior management positions in Fortune 500 companies, including Diageo, ABB, CIGNA, and RSA Insurance Group. Dr. Chien is a frequent speaker about succession planning at national conferences and has published three books, including her most recent publication, “Enhancing Retirement Success Rates in the United States.” She publishes research on succession topics in a variety of academic and practitioner research journals. Dr. Chien serves on the boards of various national financial service associations. She holds a doctorate in financial planning and is a Certified Financial Planner (CFP®) as well as Project Management Professional (PMP®). Chia-Li Chien is pronounced Jolly Jan.

Dominique J. Henderson Sr. comes from a family that has a military background. Also, he grew up not having many friends because he was often moving, and most friendships weren’t as long. Due to his upbringing, he gained a broader perspective in working with clients because he met new people every few years.

He wants to be remembered as a thinker that Henderson Sr. created the acronym R.E.A.L. which stands for relatable, empathetic, attentive, and listening. After leaving his former firm to start his practice, he thought about “how to move the needle.” Also, “what mindset do I need to bring when having meetings with clients?”

The launch of The Jumpstart Coaching Lab began when he noticed that many advisors were not doing videos to help advisors learn more about financial planning. He wanted to create something different and an impact for everyone interested in the career of financial planning. During the coaching sessions, Henderson Sr. noticed that individuals would fall into one of the three categories. He mentioned that “individuals would fall into the following categories; find out more about the career and existing financial professionals but are unhappy with their position.” Some of the issues that arose in the coaching lab are “obtain CFP or not, career changers deciding to pursue the career, and when it is the right time to leave and start their firm.”

Henderson Sr. describes several methods to attract the right clients by having a system in place. He begins by asking, “what does everyone have in common.” He mentions that “everyone has an ethos, where they have specific goals that they want to accomplish.” The specific people he caters to are people who value time over money because he believes that money can always be replaceable, but time is irreplaceable. Furthermore, he wants to help clients that want “to create an impact and seek a particular perspective.” For clients that do not have much time to look over which investments to purchase for retirement, Henderson Sr. mentions that he offers solutions that save clients time. Also, he recommends actively listening to what clients have to say and utilizing the skills you have to assist them with their needs.

Henderson Sr. discusses some of the most effective ways to get your message across to clients. For example, he mentions that active listening and utilizing your skills are the first steps to getting your message across. Using social media to your advantage when setting your message is important because many clients listen to what you have to say. Furthermore, he explains that clients come to him for advice because of the videos and content online. “Mastering the skill of video is a worthwhile investment because most clients today are meeting online and tend to trust you more when they view your content.” Also, having content online gives the client a perspective and allows them to know you before the call.

Before students can begin their journey in financial planning, Henderson explains some ways the next generation of financial professionals can prepare in the financial services industry. Financial planners need to understand that clients want you to manage their money. Also, he mentions that “you do not have to be a financial planner from start to finish, and you can start as a financial coach for several years and then a financial practitioner.” There are many options today for anyone who wants to pursue a career in the financial services industry.

The final piece of advice Henderson Sr. offers to students pursuing a career in financial planning is to “find your why which will lead you to your who. Which inevitably leads you to your how.”

Dominique J. Henderson Sr. CFP®

Dominique J. Henderson, Sr. CFP® began serving the financial industry in 1998. Ever since elementary school, he knew he had a mission to help people “win with their money”. Professionally, Dominique has spent over two decades in financial services building a diverse skill set in strategy, data analysis, investment research, portfolio management, financial planning, and business coaching. Prior to founding his registered investment advisory firm, DJH Capital Management in 2016, he spent years in institutional fixed-income trading circles, real estate, and the back office of one of Dallas’ premier hedge fund managers. Now as 2x founder, Dominique spends his time helping both consumers and providers of financial services. DJH Capital Management focuses on helping clients make the “bigger, better” decision with their money while The Jumpstart Coaching Lab educates and coaches the next generation of financial professionals to serve the growing group of individuals seeking financial advice. Dominique has been featured on various media platforms such as US News & World Report, Yahoo, GoBankingRates.com, and Investopedia’s Advisor Insights. He was named as one of Investopedia’s 100 Top Financial Advisors in 2021. He’s the host of the Conversations for Financial Professionals podcast dedicated to helping both consumers and providers of financial services by shaping the next generation of financial advice. Dominique holds a bachelor’s degree in Finance from Prairie View A&M University, a Master’s in Securities Analysis and Portfolio Management from Creighton University, and the Certified Financial PlannerTM designation.

About the Host:

Dr. Chia-Li Chien is a succession program director at Value Growth Institute, a succession consulting practice dedicated to helping business owners increase their firms’ equity value. Before her private consulting practice, she held several senior management positions in Fortune 500 companies. Dr. Chien is a director of the financial planning program at the School of Management at California Lutheran University. Dr. Chien is a frequent speaker about succession and retirement planning at national conferences and has published three award-winning books, including her most recent publication, “Enhancing Retirement Success Rates in the United States.” Dr. Chien serves on the boards of various national financial service associations. She holds a doctorate in financial planning and is a Certified Financial Planner (CFP®) as well as Project Management Professional (PMP®).

About the Author:

Rafael Nieves Rios is a graduate student at California Lutheran University, graduating in 2024. He is studying for an MBA in Financial Planning. 

• What is a T-CRUT?
• Why did you decide to form a T-CRUT? 
• How can clients form a T-CRUT?
• What are the advantages and disadvantages of forming T-CRUT?
• Why should a client consider forming a T-CRUT? 
• What are the requirements that need to be met before the T-CRUT can be formed and avoid trouble with regulators? 
• What are some of the taxes or tax deductions both the owner and beneficiary have regarding the assets that are placed in a T-CRUT? 

References:

• IRS T-CRUT special provisions
• The recommended Verrill Law Office
• Top religious foundations:
  • ELCA Foundation – Evangelical Lutheran Church in America
  • Presbyterian Church in America Foundation
• Giving Twice, by Kathleen M. Rehl  on Sep 22, 2021, at HumbleDollar
• I’m “Giving It Twice,” Helping My Son & Leaving a Lasting Legacy By Kathleen Rehl
  November 17, 2021, by Kathleen M. Rehl, Ph.D., CFP®, CeFT® at Agebuzz.com
• Philanthropic Planning credentials
  • Certified Fund Raising Executive (CFRE)
  • Certified Specialist in Planned Giving (CSPG) by American Institute for Philanthropic Studies
  • The Chartered Advisor in Philanthropy® (CAP®) by The American College of Financial Services
• Additional resources:
  • Charitable Giving Resource Center
  • PG Calc
  • Charitable Solutions, LLC

Guest: 

Kathleen M. Rehl, Ph.D., CFP®, CeFT® wrote the award-winning book, Moving Forward on Your Own: A Financial Guidebook for Widows after the death of her late husband. More than 75,000 copies of this book are in circulation. She owned Rehl Financial Advisors for almost 18 years before retiring to a six-year encore career empowering widows and their advisors through her speaking, writing, and doing research about widows. Her work has been featured in articles published by the New York Times, Wall Street Journal, Kiplinger’s, CNBC, USA Today, and many others. She happily “reFired” on her 73rd birthday in 2020. Kathleen and her new husband, Charlie, concentrate on family, fun, focused-purpose, friends, and fitness. She enjoys writing legacy poetry and stories plus assisting nonprofits. Her website is at https://KathleenRehl.com.

Host: 

Chia-Li Chien, Ph.D., CFP®, PMP®, CPBC, is an Assistant Professor and Director of the Financial Planning Program of California Lutheran University. Before her academic role, she held several senior management positions in Fortune 500 companies, including Diageo, ABB, CIGNA, and RSA Insurance Group. Dr. Chien is a frequent speaker about succession planning at national conferences and has published three books, including her most recent publication, “Enhancing Retirement Success Rates in the United States.” She publishes research on succession topics in a variety of academic and practitioner research journals. Dr. Chien serves on the boards of various national financial service associations. She holds a doctorate in financial planning and is a Certified Financial Planner (CFP®) as well as Project Management Professional (PMP®). Chia-Li Chien is pronounced Jolly Jan.

We are not quite finished with 2021 yet!  What steps could you take for your year-end investment before we cross over to 2022? In this session, we will discuss the following topics:

• Tax Code Refresher
• Retirement Accounts
• Health Savings Accounts
• Tax Loss Harvesting
• Asset Location Optimization
• Charitable Donations

Guest:

Jeremy D Witbeck, MBA, CFA, CFP® is a Partner with Polaris Wealth Advisory Group, LLC. Before joining Polaris Greystone, Jeremy worked as a Portfolio Manager at a Registered Investment Adviser in the greater Los Angeles area where he built customized portfolios for high net worth clients and developed client relations. Jeremy has an extensive background in the financial service industry and holds the Chartered Financial Analyst (CFA®) charter and Certified Financial Planner (CFP®) designation.

Host:

Chia-Li Chien, Ph.D., CFP®, PMP®, CPBC, is an Assistant Professor and Director of the Financial Planning Program of California Lutheran University. Before her academic role, she held several senior management positions in Fortune 500 companies, including Diageo, ABB, CIGNA, and RSA Insurance Group. Dr. Chien is a frequent speaker about succession planning at national conferences and has published three books, including her most recent publication, “Enhancing Retirement Success Rates in the United States.” She publishes research on succession topics in a variety of academic and practitioner research journals. Dr. Chien serves on the boards of various national financial service associations. She holds a doctorate in financial planning and is a Certified Financial Planner (CFP®) as well as Project Management Professional (PMP®). Chia-Li Chien is pronounced Jolly Jan.

There are a lot of priorities from the Biden-Harris Administration Immediate Priorities, American Rescue Plan, and the American Jobs Plan, just to name a few. Attorney Carcone will help us to break down what changes are expected in the next few years.

Guest:

Colleen Carcone J.D., CFP®, is a professor at California Lutheran University, as well as an Income Tax and Estate Planner, and author. Colleen is a tax attorney with more than twenty years of experience who has escaped practicing law and now works in-house for a financial services company partnering with high-net-worth individuals. Colleen has been teaching estate planning and income tax planning for various programs for twelve years. An estate planning expert, Colleen co-authored Principles of Estate Planning, the third edition of which was published in 2018 and has been quoted in many articles. Colleen has served as a Director of Wealth Planning Strategies for TIAA for more than 14 years, where she has been serving the firm’s high-net-worth families with specialized advice and sophisticated financial, income tax, and estate planning strategies.

Host:

Hossein Salehi, Ph.D., CFP® is an assistant professor in Financial Planning at California Lutheran University. He has a doctorate in personal financial planning and is a Certified Financial Planner (CFP®). He also has an M.Sc. in Personal Financial Planning from Texas Tech University, an M.A. in Economics from Texas Tech University, and an M.Sc. in Financial Management from Tehran University.