$2.1M Gifting & Business Exits: Estate Planning Case Studies

Money Matters by Allworth Financial

Allworth Financial

Business, Investing, Business:investing

4.7 • 844 Ratings

🗓️ 18 July 2026

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

How do you turn a "jackpot moment" into a lasting family legacy? In this episode of Allworth’s Money Matters, Scott is joined by partner advisor Richard Del Monte (while Pat is on vacation) to tackle the complexities of wealth transitions and family gifting. Through a $2.1 million case study, the team discusses how to support adult children through "giving while living" without creating family conflict. Then, Simone Devenny, Allworth’s Head of Private Wealth Strategies, joins to share a masterclass in succession planning for business owners. Using a multi-million dollar business exit as a guide, she breaks down the financial planning techniques needed to minimize taxes and protect your legacy during a major liquidity event. Highlights include: The Gifting Dilemma: Managing "warm hearts vs. cold hands" in a $2.1M portfolio. The Business Exit: Estate strategies for multi-million dollar sales. Family Transparency: How to mentor the next generation on wealth. Tax Strategy: Sophisticated ways to protect your business proceeds. Join Money Matters: Get your most pressing financial questions answered by Allworth's co-founders Scott Hanson and Pat McClain. Call 833-99-WORTH. Or ask a question by clicking here. You can also be on the air by emailing Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

Transcript

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0:00.0	Would you like an opinion on a financial matter you're dealing with?
0:08.9	Whether it's about retirement, investments, taxes, or 401Ks,
0:13.2	Scott Hansen and Pat McLean would like to help you by answering your call
0:16.6	to join Allworth's Money Matters.
0:19.0	Call now at 83399 Worth.
0:21.6	That's 83399 W-O-R-T-H.
0:26.1	Welcome to All-Words Money Matters, Scott Hanson,
0:28.8	and Pat McLean is off today, but Richard Delmoney is joining us.
0:32.4	Richard is one of our partner advisors here at Allworth in the Bay Area.
1:14.5	That's where you're... Waller Creek. East Bay, Wallach Creek. And part of our great Allworth crew. And those who joined last week, you learned quite a bit about Richard's history and this viewpoints and stuff. But anyway, we're going to have fun today. I don't know where Pat is. Somewhere around the world. Where's Waldo? Well, and I know he shared on this program before. He had a health scare in the last year. He's relatively young. He's 62 or three. But he had this health scare. And afterwards, he's like, one of his things he wanted to do is see lots of the world. And so he's been taking some time to do. Good for him. this. Yeah, absolutely. And good for me because I get to spend time with Richard instead of Pat all every week in the studio. We're going to take calls as normal. And if you'd
1:20.5	like to join us, you can send us an email Questions at Money Matters.com. We're also going to be
1:26.1	joined by Simone Devaney. and Simone is one of our,
1:31.3	well, she's the head of our private wealth strategies here at Allworth. She's an tourney. She's,
1:35.3	she's been on the program before. She's brilliant, and she always has good things to talk about,
1:38.6	so she'll be joining us as well. And we'll be talking a little bit about kind of the overall
1:43.7	markets. And Richard, I thought it'd be kind of fun to bit about kind of their own markets.
1:48.4	And Richard, I thought it'd be kind of fun to talk about some of the latest fads right now.
1:51.5	Because it's interesting when you look at where money is flowing.
1:56.2	And it's often the individual, it's the retail funds. Yes, for sure.
1:57.3	Not the institutional stuff.
1:58.5	Right.
1:58.8	The retail money is flowing in some pretty crazy areas.
	...

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