Ep 06: Good People, Good Estate Planning Outcomes and Solutions

Jamie Hargrove The Confident Retirement Podcast with Brett Kris Flammang and Mark Picchi Episode 006 Jamie Hargrove Jamie Hargrove, an Attorney and CPA, is the CEO and co-founder of NetLaw Group and a founding partner of the Estate, Trust, & Tax law firm of Hargrove Firm LLP. His firm has had as many as 30 estate & trust attorneys working out of offices in over 20 states across the country. Jamie was most recently the chair of the Estate & Trust practice for the 160-Attorney law firm, Stoll Keenon Ogden, PLLC. Before that, he was a partner with the 500+ attorney firm of Frost Brown Todd. He practiced as a CPA after law school and then became a tax attorney in 1985. In 1990, he began to practice only in the area of Estate, Trusts, Business Succession Planning and Charitable Planning. Listen to this dynamic The Confident Retirement Podcast episode with Jamie Hargrove and know more about business succession, estate planning and asset protection, and how he wants to move forward with the DIY plans that also involves human works in it. Here is what to expect on this week’s show: Jamie takes us on a ride to his past and what led him to start opening up his practice, and why did he focus on estate planning? -What are his learning experiences that he’d like to share to the audience?  -Jamie shares why business succession plan is not largely existing and what is the goal of why it should be done? -Jamie gives clarity on the difference of asset protection and estate planning. -What does he like best in his areas of practice and what is he most excited about the business aspect of things? -Jamie shares the misconception that when you do asset protection and estate planning, you lose full access and control on your assets. -Jamie talks about where money impacts most and his first experience handling it. Get to know more about Jamie’s personal achievement, dream job and what he enjoys outside of work. Get to hear about the DIY plans they are doing in NetLaw Group and why he wanted to do it. Connect with Jamie Hargrove/ Hargrove Law Firm: Website: https://hargrovefirm.com/ NetLaw Website: https://www.netlawgroup.com LinkedIn: https://www.linkedin.com/in/jamiehargrove/ Twitter: @jamiehargrove Connect with Kris and Mark Website: https://www.lpfadvisors.com/ LinkedIn: https://www.linkedin.com/in/kristopher-flammang-lpfadv/ Twitter: @kflammang #MarkPicchi Highlights: [06:33-06:48] “Unless people know that you're there and know what you do and your podcast, Kris is a good example of that. It's just getting the message out there letting people know what you do, and helping to educate them so that you can be a resource for them.” [25:18-25:39] “I think my first experience was really, every decision we make is a decision about an allocation of time. So, in our businesses, again, as we make decisions, we're making a decision relative to do a new allocation of time, or this, we're even freeing up time, or we're causing more need for more time.” [27:01-27:23] I do think business and life is a battle of a lot of decisions, and we can only squeeze so much into it. So, we do have to decide what is our priorities, both with our world outside of work, and certainly in work? And make sure there is that balance that gets really what we want to do. [39:17-39:59] “The problem in the legal industry is we think everybody wants to talk to a lawyer. No, they want their legal questions answered. But what's interesting is, most of their questions aren't legal questions, right? What we're doing is we're parceling out and let's strip out the questions that really aren't legal questions. Let's let non-lawyers answer those, and use systems and processes and technology and video and all the things that you're employing in your own practice to help address those and then when we need the lawyer, let's let the lawyer be engaged. So, it's a very different model and pretty excited that we're able to kind of be, I think on the bit on the cutting edge of it.” Learn more about your ad choices. Visit megaphone.fm/adchoices