Legacy Planning, Once Removed

About Legacy Planning, Once Removed

“Legacy Planning, Once Removed,” hosted by Steve Murphy, former leader of the firm’s Private Wealth Services Practice Group, explores estate planning and provides steps for the management of wealth throughout life and upon death. Over the next 25 years, baby boomers will pass an unprecedented $68 trillion to beneficiaries and charities. The key challenge of legacy planning lies in how to use wealth to help the next generation be productive and independent. Podcast topics focus on beneficiary designations and property ownership, estate and gift tax, and best practices for productive investment, wealth management and transfer of wealth.

Publisher

McGuireWoods

Category

business · business · education

Language

en

Explicit

No

First episode

1 May 2023

Latest episode

24 Jun 2026

Latest episodes

8 of 58 episodes have a transcript.

1. 

   24 Jun 2026

   Ownership and Control of Family Business After Owner’s Death

   Steve Murphy, former leader of McGuireWoods’ Private Wealth Services Practice Group, interviews experts on family business succession planning to prevent post-owner death disputes and ensure lasting wealth.

2. 

   20 May 2026

   Estate Tax Planning for the Family Business

   In many cases, an estate plan features a prominent asset such as a family business, which many owners hope to pass on to the next generation. But statistics reveal that few family businesses survive to the next generation. One particular obstacle to this succession plan is the estate tax that would be due on the owner’s interest upon death. This estate tax liability causes a need for cash that could force a sale of the business. This episode explores a few strategies that could be used to manage this estate tax liability upon the owner’s death. These strategies, if properly planned and implemented, could provide a means of managing, reducing or, perhaps, even eliminating that estate tax liability.

3. 

   2 Apr 2026TRANSCRIPT

   ‘Trust Reveal’ — An Intriguing Concept

   The concept of a “trust reveal” — a dramatic family meeting at which wealthy parents or grandparents disclose the full scope of trusts and estate structures to beneficiaries — has gained attention as a trending approach to intergenerational wealth transfer. This episode cautions against treating the estate plan as a single dramatic unveiling. This conversation explores a more measured alternative: sharing information in deliberate stages over time, from instilling family values in young children to discussing financial concepts with young adults, before eventually revealing fuller details about trust structures and distributions. Such an approach ensures beneficiaries are prepared, not overwhelmed, when they learn the complete picture.

Inside a recent episode

‘Trust Reveal’ — An Intriguing Concept

Published 2 Apr 2026 · Transcript excerpt

[…] So we have these two issues. On the one hand, the trust reveal itself might be this grand dramatic statement, but also people might already know more than we think. So here's my proposal. Instead of just one dramatic trust reveal, Let's envision that communication, but in much more measured, deliberate stages. And I like to say that in sharing this information, it's helpful to always be consistent, to share these pieces one at a time, And as we build one stage after another, we're never really going back or disagreeing with what we shared before. It's more like we're giving a broader picture or more information that they're now ready to deal with, that they're now able to process. […]

Reach and audience

Public platform figures. Ratings count people who left a rating, not total listeners.

Apple Podcasts (US)

5.0 / 5

8 ratings

Spotify

5.0 / 5

5 ratings

Podcast Authority Score: 31 / 100

A composite of feed quality, social presence, YouTube performance and engagement. Read the methodology.

Quality

35

Social presence

0

YouTube

0

Engagement

68

Contact Legacy Planning, Once Removed

Guest appearances

Books guests

Based on episode analysis; this does not confirm that the show is currently accepting guests.

Questions about Legacy Planning, Once Removed