Designating a retirement account to go to a Trust after you die will trigger taxation upon death.  Attorney Cathleen Gilbert, the owner of Gilbert Law Office, says retirement accounts should be willed to an individual instead.  In order to be fully prepared, Cathleen says you should have a will, a trust, a power of attorney and a medical directive to make sure all your wishes are carried out without excessive delays or complications.

Susan Speirs, the CEO of Utah Association of CPAs, explains what a fiduciary is and why it's important to have one when it comes planning for the inevitable -- death and taxes.  And do you know how many death certificates you'll need after your loved one passes?

You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal X (Twitter) page.

Be sure to email Heather your questions and request topics you'd like her to cover here.

Even though most people know scammers are working to take their money, they keep succeeding.  Colin MacDonald, consumer protection attorney for the Federal Trade Commission (FTC) in the Northwest Region describes a few of the top ways scammers come after your money.

To learn more about Imposter Scams go to:
ftc.gov/imposters

To sign up for scam alerts go to:
FTC.gov/consumeralerts

If you have been a victim of fraud or a scam contact the FTC at:
ReportFraud.ftc.gov or 877-382-4357

You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal X (Twitter) page.

Be sure to email Heather your questions and request topics you'd like her to cover here.

Everyone says "don't open a scam email or click on a link in a text."  But how do you know it's a scam without opening the messages?  Host Heather Kelly explains a few ways to quickly identify those scam messages.  She also has tips for those annoying phone calls from people asking for money or threatening police intervention.

You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal X (Twitter) page.

Be sure to email Heather your questions and request topics you'd like her to cover here.

In order to avoid jealousy, hurt feelings, or not knowing what a loved one wants after they pass, it is extremely important to have a plan in place and discuss the transfer of wealth with your loved ones.  That's from Lena Haas, the head of Wealth Management Advice and Solutions leader at Edward Jones.  She says its important to separate your emotions from the Inheritance discussion by bringing in a third party, like a financial advisor.

You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal X (Twitter) page.

Be sure to email Heather your questions and request topics you'd like her to cover here.

Beneficial Ownership Information, or BOI, is meant to put a stop to money laundering.  However, it's estimated that 36 Million small business entities in the U.S. are required to file paperwork to register their companies with FINCEN -- or pay $591 A DAY if you miss the filing deadline.

Guests Brett Jensen, a Partner with Haynie & Company and Susan Speirs, the CEO of Utah Association of CPAs, explain what type of companies must comply with this 2021 federal law and which ones are exempt.  

You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal X (Twitter) page.

Be sure to email Heather your questions and request topics you'd like her to cover here.

Currently, shelters across the U.S. are overcrowded with dogs.  But Holly Sizemore, the Chief Mission Officer for Best Friends Animal Society, says they are about to get inundated with cats and kittens as well.

Now is the time to spay and neuter both indoor and all outdoor cats as females are currently in heat and will start producing offspring within the next couple of months.  There are Trap, Neuter, and Release (TNR) programs across the country to help pay for the cost of these procedures.

Sizemore says most pets in shelters are human causes, not because the animal is damaged in someway.  Their adoption fees are much less expensive than buying from a breeder or pet store.

You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal X (Twitter) page.

Be sure to email Heather your questions and request topics you'd like her to cover here.

Be thoughtful about the money you DO have.  That's from Justin Janowski, coach and founder of Faith2Influence.  He says the beliefs you hold about money -- good or bad -- can influence the amount of wealth you attain.

Justin says 50% of the world exists on only $2.00 a day.  That means, the other 50% of the population has more money than we may we think we do.  The stories we are telling ourselves about what money IS, could be what is holding us back.

You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal X (Twitter) page.

Be sure to email Heather your questions and request topics you'd like her to cover here.

People need to rethink what a "starter home" looks like.  That's from David Damschen, CEO of Utah Housing Corporation.  The Vice-President of Financial Services for UT Housing Corp, Ariane Gibson says there are several programs available to help pay for rent or a mortgage, but agrees, rethinking the size of your home is important.

Susan Speirs, the CEO of Utah Association of CPAs, says the State and Federal programs available for low income earners do not affect their tax burden -- but they also won't get tax credits.  

You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal Twitter page.

Be sure to email Heather your questions and request topics you'd like her to cover here.

Americans are now carrying a record amount of credit card debt more than One-TRILLION dollars.  Lou Scatigna, The Financial Physician, says it's time we think about our finances they way we should about nutrition.  

Lou also says women are better with money than men as a general rule -- and it's important that both people in a relationship have an equal understanding of their finances.  

You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal Twitter page.

Be sure to email Heather your questions and request topics you'd like her to cover here.

Many companies around the world are changing where they put their own money based on  Environment, Social and Governance rules.  Marlo Oaks, the Utah State Treasurer, says this is the downfall of Capitalism.  He says when corporations are required to change how they do business, it ties their hands from making even more money.

Guest host Andy Farnsworth from The Movie Show, and Susan Speirs, the CEO of Utah Association of CPA's both say it is important to keep informed of which companies are using the principles of ESG and decide if you wish to invest in them.

Rule number one -- be accountable for your decisions, both financially and personally.  That's from the author of Prepping for Success, Anmol Singh.  He says when you learn to stick to your word, wealth of all sorts will follow you.

Anmol is also a stock market trader and discusses how to get control of your emotions when the markets are going up and down.

You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal Twitter page.

Be sure to email Heather your questions and request topics you'd like her to cover here.