The Wealth Planning Podcast with Brister Law

Is Your Trust Really Protecting You?

Are you sure your trust is actually protecting your family and assets? In this eye-opening episode of The Wealth Planning Podcast, Anthony Bister of Bristol Law reveals the shocking truth: many trusts, even those created by attorneys, are dangerously useless due to common mistakes. Learn how to avoid costly errors like failing to fund your trust, neglecting beneficiary designations, and more. Discover how to ensure your trust is a living, breathing strategy that provides real peace of mind. Anthony also discusses the Legacy Audit process offered at Bristol Law, to help make sure your future is secure.
 
Timestamps:
0:00 - Intro: Why most trusts are set up WRONG, and why it matters to you!
0:17 - What This Podcast is all about with Anthony Bister, Tax Attorney at Bristol Law
0:57 - The harsh truth about many trusts: Beautiful but useless!
1:21 - Client Story: Discovering an unfunded trust the hard way.
2:16 - Funding your trust: The key to unlocking its power.
2:48 - Devastating Story: How an unfunded trust led to probate court disaster.
3:16 - The critical truth: Estate planning is NOT a one-time event.
3:41 - Mistake #1: Failure to Fund the Trust - The biggest danger!
4:01 - Mistake #2: No Successor Trustee: What happens when the unexpected happens?
4:26 - Mistake #4: Using a trust as a status symbol
5:01 - Feeling overwhelmed or confused? You are not alone.
6:50 - Learn about how to get this done right
 
Protect your family and ensure your trust works as intended! Visit brristaxlaw.com to schedule your Legacy Planning Audit today! Don't leave your future to chance.
 
#TrustPlanning #EstatePlanning #WealthManagement #LegacyPlanning #FinancialPlanning #AssetProtection #ProtectYourAssets #UnfundedTrust #ProbateAvoidance #BeneficiaryDesignation #LegacyAudit #EstatePlanningTips #WealthPlanningPodcast #FamilyWealth #GenerationalWealth #PeaceOfMind #EstatePlanningAttorney #HighNetWorth

Can a Trust Save You Money on Taxes? Yes — and Here’s How

In this episode of the Wealth Planning Podcast, Anthony Brister, a tax and asset protection attorney, debunks common misconceptions about trusts and their ability to save you money on taxes. He clarifies the differences between revocable and irrevocable trusts, highlighting which ones can be beneficial for estate tax reduction and which are primarily for probate avoidance. He warns against misleading online promotions and the dangers of improperly structured irrevocable trusts, emphasizing the importance of seeking professional guidance tailored to your individual net worth, goals, and risk tolerance.
 
Timestamps:
0:00 - Introduction: Can a trust save you money on taxes?
0:13 - Topic Introduction: Can a trust really save you money on taxes?
1:15 - Introducing Anthony Brister: Tax and Asset Protection Attorney
1:48 - Revocable Living Trusts: Don't save on income tax
2:27 - The Revocable Living Trust
3:27 - Estate Tax
3:59 - Irrevocable Trusts
4:44 - Common Irrevocable Trusts
5:37 - Irrevocable Trusts aren't for everyone
6:56 - The misinformation being pushed
8:33 - The trap
13:39 - A trust can save you on taxes but not every trust does
 
Unsure if you need a revocable or irrevocable trust? Think you've been sold something that doesn't work for your goals? Head over to bristertaxlaw.com and schedule your free discovery call to build a real strategy that protects your legacy, maximizes your wealth, and aligns with what matters most to you. Don't forget to subscribe, leave a review, and share this episode!
 
#Trusts #TaxPlanning #EstatePlanning #WealthManagement #AssetProtection #IrrevocableTrust #RevocableTrust #TaxSavings #FinancialPlanning #TaxTips #WealthPlanningPodcast #BristerLaw

The Dirty Secret Your Probate Attorney Didn't Tell

In this eye-opening episode of the Wealth Planning Podcast with Brister Law, estate planning attorney Anthony Bister reveals the shocking truth about wills. He explains how, contrary to popular belief, a will doesn't avoid probate; it guarantees it, leading to potential court costs, family drama, and unnecessary fees. He highlights the importance of proper estate planning with a revocable living trust to protect your legacy and your loved ones from the complexities and expenses of probate court.
 
Timestamps:
0:00 - Intro - The truth about wills
0:30 - What you are avoiding
1:02 - Wills do not avoid probate
1:33 - The probate process explained
2:20 - Important part about probate
3:51 - What you paid an attorney for
4:16 - Revocable trust
5:30 - What if you are unsure of what you have?
6:15 - Will without a trust
7:24 - Fix this for your family
 
Don't let a will be a false sense of security! Visit bristertaxlaw.com to book a free strategy call and discover how a revocable living trust can truly protect your family and legacy. Protect your legacy, don't let it be a revenue stream for someone else.
 
#EstatePlanning #WillVsTrust #RevocableTrust #Probate #LegacyPlanning #FamilyProtection #WealthManagement #FinancialPlanning #Attorney #BristerLaw

DIY Estate Planning: Don't Make This Mistake!

Before you download a cheap online will or trust, hear this! In this episode of The Wealth Planning Podcast, tax and asset protection Attorney, Anthony Brister of Brister Law shares a powerful, personal story about the hidden costs of DIY estate planning. He reveals the real-life trauma his family experienced after his mother's passing without a proper plan and the devastating consequences he's seen in his practice. Learn why those $99 forms can actually cost you more in stress, legal fees, taxes, and family harmony. Discover the essentials of a robust estate plan and how to protect your loved ones from unnecessary heartache.
 
Timestamps:
0:00 - Intro: The Wealth Planning Podcast with Brister Law.
0:45 - A Lawyer's Personal Story & Warning
1:50 - The Devastating Reality of No Estate Plan
3:00 - The Illusion of Cheap, DIY Planning
4:00 - Hidden Costs: Probate, Delays, & Emotional Toll
5:05 - Tax Consequences of Poor Planning
5:55 - DIY Estate Planning: An Illusion Exposed
6:45 - Hope: A Better Way to Protect Your Family
7:30 - Elements of a Real Estate Plan
8:10 - Take Action Now: Free Discovery Call & More!
 
Book a discovery call today at www.bristertaxlaw.com #EstatePlanningMistakes #DIYEstatePlanningFail #WillAndTrustTips #ProbateNightmare #FamilyWealthProtection #BristerLaw #LegacyPlanning #AvoidProbate #TaxPlanningTips #EstatePlanningAttorney

Why Thinking Like a Business Makes You Rich!

Most people think the key to wealth is budgeting harder—but what if it's actually thinking like a business? In this episode of The Wealth Planning Podcast with Brister Law, Anthony Brister breaks down why personal finance advice keeps people broke and how applying corporate finance strategies can transform your money game. Learn how to treat your finances like a CFO, use leverage strategically, and build systems that create real, lasting wealth.
 
⏱️8 Key Timestamps:
0:00 – Why budgeting isn’t the answer to personal wealth
0:28 – The problem with managing money emotionally
1:16 – Thinking like a CFO vs. a consumer
2:08 – What corporate finance actually focuses on
3:05 – Tactic 1: Pay yourself first like a business
3:44 – Tactic 3: Use leverage the right way
4:59 – Real-life example of a $500K mistake
5:08 – Three actionable strategies to apply today
 
Stop treating your personal finances like a guessing game! By combining smart financial planning with effective money management, you can create a strategic approach to building wealth. Learn how proper financial literacy, making calculated investment decisions, and setting clear financial goals can help you think like a business leader instead of an emotional spender.
 
Ready to stop winging it with your money and start building real wealth? 💼 Head to www.bristertaxlaw.com and book your free discovery call to start managing your life like a business.
 
#WealthPlanning #CorporateFinance #ThinkLikeACFO #MoneyMindset #PersonalFinanceTips #FinancialFreedom #HighIncomeEarners #BristerLaw #MoneyManagement #LeverageWisely #WealthPlanning #FinanceTips

How to Retire Early with Short Term Rentals

In this episode of the Wealth Planning Podcast, host Anthony with The Brister Law Firm and guest Kenny Bedwell, founder of STR Insights and host of the Cash Flow Positive Podcast, delve into the world of short-term rentals as a powerful wealth-building strategy. They discuss the benefits of STRs over traditional long-term rentals and commercial properties, highlighting cash flow, tax advantages, appreciation, and equity paydown. Kenny explains how to strategically invest in STRs, emphasizing the importance of data-driven decisions, understanding personal budget, goals, and preferences, and selecting the right markets. The conversation also covers financing options, including DSCR loans, rental arbitrage, and co-hosting, as well as the critical role of comprehensive insurance for STR properties.
 
Timestamps:
0:00 Introduction to the hidden playbook used by wealthy investors.
0:25 The focus of the episode: short-term rentals.
0:50 Kenny Bedwell's introduction and background.
2:19 Why invest in short-term rentals?
4:18 Can you still make money buying a short-term rental.
5:16 The importance of finding the right markets and balancing the factors.
6:26 Understanding your goals with short-term rental investing.
8:03 The four pillars of wealth-building in real estate.
11:51 Budget considerations for short-term rentals beyond the down payment.
18:31 Financing options for scaling with debt-to-income issues.
25:15 The importance of proper insurance for short-term rentals.
31:53 Kenny explains the services his company, STR Insights, provides.
 
For a free discovery call go to www.bristertaxlaw.com
 
Ready to start building wealth with short-term rentals ? Visit strinsights.com to schedule a free one-on-one consultation with Kenny and his team and learn how to find profitable STR properties. https://www.strinsights.com/
 
#ShortTermRentals #Airbnb #RealEstateInvesting #WealthBuilding #PassiveIncome #FinancialFreedom #STRInsights #CashFlow #TaxSavings #RentalProperty #InvestmentStrategy #WealthPlanningPodcast

Smart Parents Are Using This Tax Trick to Get THOUSANDS Back

Want to know how one mom turned her kitchen into a tax strategy and wiped out $92,000 in taxes using Airbnb — legally? In this episode of The Wealth Planning Podcast with Anthony Brister, we break down Wendy’s inspiring story. A mom of three, property manager, and part-time realtor, Wendy was overwhelmed with taxes… until she used a few key tax strategies that transformed her finances. She’s now getting a $15,000 tax refund after years of writing checks to Uncle Sam.
 
Watch to learn the exact strategies she used — and how you can apply them too, even if you’re not in real estate.
 
⏱️Timestamps:
0:00 – What if you could pay your kids through your kitchen?
0:05 – The $92K tax elimination strategy with Airbnb
0:12 – Meet Wendy: Property manager, mom, and now tax winner
0:24 – $15K tax refund: how she flipped her tax situation
0:33 – It’s not magic — it’s strategy
0:39 – Wendy’s background: juggling jobs and kids
0:45 – Managing 13 Airbnb listings (but overpaying in taxes)
0:54 – Real estate, side biz, college-aged kids — and still taxed hard
1:10 – The first step in the transformation
2:15 – Leveraging kids in the business legally
3:45 – The short-term rental loophole explained
5:20 – How you can start applying this today
6:10 – Final thoughts and what’s possible for you
 
💼 Want to uncover hidden tax strategies that actually work for your life and business? Book a Discovery Call with The Brister Law Firm today — and start keeping more of what you earn. 👉 bristertaxlaw.com
 
#WealthPlanningPodcast #AnthonyBrister #TaxStrategy #AirbnbIncome #FinancialFreedom #SmartMoneyMoves #RealEstateTaxTips #TaxRefund #Mompreneur #WealthBuilding #MoneyMoves #TaxPlanning

Here’s Why You're Still Broke

In this episode of The Wealth Planning Podcast with Brister Law, Anthony Brister pulls back the curtain on why so many hardworking people stay financially stuck — even with six-figure incomes.
 
It’s not about how much you earn — it’s about how you’re structured. Anthony breaks down the critical shifts wealthy people make when it comes to taxes, systems, and legacy planning.
 
If you’ve ever felt like you're doing everything “right” but still starting from scratch every month, this raw and honest conversation is for you.
 
Stay tuned ‘til the end — Anthony shares a powerful takeaway that could change your entire financial trajectory.
 
Schedule a consult now at www.bristertaxlaw.com
 
⏱️ Timestamps:
00:00 – Intro: Why you’re still broke (the truth)
00:42 – The myth of working hard = financial freedom
01:35 – How most people are “structured to struggle”
02:15 – Anthony’s personal story: from broke to blueprint
03:05 – Why six-figure earners still feel like they’re behind
03:45 – The real game wealthy people are playing
04:30 – Taxes: The silent wealth killer
05:12 – How systems create freedom (and wealth)
06:00 – The role of entities in wealth planning
06:50 – What legacy actually looks like
07:40 – Common mistakes that keep people stuck
08:20 – The game-changing shift you need to make now
 
If this hit home for you, don’t just nod your head — take action.
✅ Subscribe for more no-fluff financial strategy.
📲 Share this with a friend who needs to stop playing the broke game.
💬 Comment below: What’s the one mindset shift you're walking away with?
 
#WealthPlanning #FinancialFreedom #BristerLaw #MoneyMindset #TaxStrategy #EntrepreneurLife #LegacyBuilding #BrokeToBoss #WealthPodcast #FinancialIndependence #StructureYourSuccess #WorkSmarter

CRASH PROOF Your Wealth Beyond Stocks

Most investors don’t underperform the market because they picked the wrong stock—they underperform because they sell at the worst possible time. In this episode of The Wealth Planning Podcast with The Brister Law Firm, we break down the costly mistake of emotional selling, especially when pulling income from your portfolio. You’ll learn why it’s not just a single bad decision—but a pattern that compounds losses, triggers taxes, and crushes your future growth potential.
 
If your entire net worth lives in the stock market, this episode is a wake-up call. Learn how to protect your wealth like a pro—rain or shine.
 
🎯 It’s not just about making money. It’s about keeping it, growing it, and passing it on.
 
Timestamps:
0:00 – The biggest mistake investors make
0:35 – Why timing, not stock-picking, is the real problem
1:10 – The compounding cost of emotional decisions
1:52 – Pulling income during a downturn = double trouble
2:28 – Locked-in losses and unexpected taxes
3:03 – The “convertible in a hailstorm” metaphor
3:47 – Why this mistake keeps repeating
4:22 – Market exposure vs. long-term protection
5:05 – What traditional planning gets wrong
5:49 – How to build real financial resilience
6:33 – Strategies to stabilize income in volatile times
7:15 – Growing and preserving wealth across generations
8:00 – Final thoughts and next steps
 
📩 Ready to take control of your wealth?
 
Schedule a personalized consultation with Brister Law and start building a strategy that lasts through any storm.
 
👉 bristertaxlaw.com
 
#WealthPlanning #InvestingMistakes #FinancialFreedom #MarketVolatility #PassiveIncome #FinancialAdvisor #GrowYourWealth #WealthPreservation #SmartMoneyMoves #LegacyPlanning #BristerLaw

The Hidden Reason Most Family Fortunes Disappear

If you stopped working tomorrow… how long would your wealth actually last? In this episode of the Wealth Planning Podcast with Brister Law, Anthony Brister dives into the sobering reality that 90% of wealth is gone by the third generation—and more importantly, what to do about it.
 
This episode isn’t just about tax savings or business structuring—it’s about rethinking your entire approach to legacy. If you’re serious about protecting and multiplying your wealth for your children, grandchildren, and beyond, this one’s for you.
 
0:00 – The big question: “If you stopped working tomorrow, how long would your wealth last?” Introduction to the core issue of generational wealth.
0:40 – Main topic revealed: Anthony introduces the goal of creating a plan that protects and multiplies wealth for generations.
1:10 – Common mistake: Emphasis that most families lose wealth by the third generation not due to income, but due to lack of long-term thinking.
2:02 – Case study 1: The story of a grandfather who built a $6M real estate portfolio—lost due to no estate plan.
3:17 – Case study 2: A hardworking immigrant father with real estate wealth, unaware of looming estate taxes.
4:19 – Emotional anchor: Anthony shares how losing his mother without a will shaped his mission—conflict and grief due to no plan.
5:29 – Warning: “If your entire wealth plan is built around this year’s taxes, it’s already broken.”
6:01 – Case study 3: A doctor with growing income but no long-term strategy—solution through structured planning.
6:36 – Foundational concept: The “three legs” of generational wealth – structure, stewardship, and story.
7:10 – Common pitfall: Real estate in your personal name isn’t wealth—it’s a liability. More restructuring advice.
9:06 – Mindset shift: Wealth-building families stop thinking like individuals and start thinking like institutions.
10:25 – Challenge: Think about your family’s 30-year vision and intentionally define your legacy—don’t leave it to chance.
 
✅ Call to Action: Don’t just hope your wealth lasts—plan for it. 🎧 Listen, take notes, and subscribe to the Wealth Planning Podcast with Brister Law. Your future generations will thank you.