Thinking about leaving the Golden State for a more tax-friendly environment? You're not alone, and Chris Parker from Moss Adams is here to help. Join us for an enlightening conversation about the intricacies of tax-compliant relocation as we explore practical strategies for establishing residency in a new state. Chris recounts his unexpected career shift from biotech law to tax law and shares his passion for guiding diverse clients through the delicate process of severing ties with California. With Californians increasingly seeking refuge in lower-tax states, this episode promises to equip you with essential knowledge for a successful transition. Unravel the complexities of establishing new roots beyond California's borders as Chris walks us through the meticulous steps required to substantiate your new residency claim. From obtaining a driver's license to actively participating in local community life, each action plays a crucial role in convincing the Franchise Tax Board of your move's permanency. We also touch on how these changes can affect your charitable giving habits, potentially shifting your support to organizations within your new home state. Don't miss Chris's expert advice on maintaining proper documentation and timing your financial transactions to avoid unwanted scrutiny during residency audits. Concluding our conversation, Chris offers invaluable insights on managing the emotional and practical aspects of selling a family home when relocating. Chris clearly demonstrates his commitment to providing top-notch guidance to clients both within and outside California. Listening, you'll hear the benefit of his wealth of experience and ensure you're prepared for any potential tax obligations that may arise as you embark on your new adventure. Contact Chris at chris.parker@bakertilly.com or call Chris: 916-503-8266 For more information on what we provide at Captrust visit www.captrust.com. You can contact me, Kelly Brothers, through the show at: bisifipodcast@gmail.com To reach me at Captrust visit www.captrust.com/locations/sacramento-ca/ (00:00) Tax and Relocation Services Conversation Chris Parker from Moss Adams discusses tax-compliant relocation services for Californians, the firm's merger with Baker Tilly, and the trend of Californians moving to lower-tax states. (11:46) Establishing Residency in a New State Timing, residency verification, and impact on charitable giving are important considerations when relocating from California. (24:00) Residency and Tax Considerations for Relocation Understanding tax implications and residency rules when selling a family home and moving to a new state. (38:20) Residency Audit and Tax Advice Nature's residency challenges when moving from CA to another state, including FTB audits and maintaining consistent activity patterns. (44:20) Expert Advice From Chris Parker Nature's financial advice from Chris Parker of Moss Adams, upcoming merger with Baker Tilly, and gratitude for his contributions.

Could a leap from the produce aisle to the banking world be the secret to thriving in finance? Rick Smith, CEO of Tri Counties Bank, certainly makes a compelling case. Hear Rick's remarkable journey, starting from his beginnings in Sacramento to his innovative integration of bank branches in grocery stores in 1993. Rick's energetic narrative highlights how his athletic spirit fueled his success, and he offers candid insights into the risks and rewards of making significant career transitions while balancing family life. Rick doesn't just share stories; he offers a visionary perspective on the future of banking. As digital platforms increasingly eclipse traditional branches, the conversation underscores the enduring value of personalized financial advice. He and Kelly explore the evolving habits across generations, from tech-savvy youths to tradition-loving seniors. They discuss the relevance of cash in an era dominated by digital payments. Success at the bank is the result of focus on the crucial role of trust and collaboration in maintaining strong client relationships, even as the industry shifts. California's dynamic economy sets the stage for Rick to shed light on the unique challenges and opportunities present in this diverse state. From the high cost of living to the alluring prospects of remote work, the intricate balance businesses must find to thrive is a theme heard often in the bank. Mergers, acquisitions, and a commitment to service remain key topics as Rick emphasizes a comprehensive, client-centered approach that goes beyond mere transactions. Rick Smith, exemplifies how the art of banking is as much about human connection as it is about numbers. To learn more about Tri Counties Bank, visit https://www.tcbk.com/ For more information on what we provide at Captrust visit www.captrust.com. You can contact me, Kelly Brothers, through the show at: bisifipodcast@gmail.com To reach me at Captrust visit www.captrust.com/locations/sacramento-ca/ (00:00) Rick Smith CEO Rick Smith shares his journey from produce business to banking, discussing leadership, sports, and family influences at Tri Counties Bank. (13:15) Future of Banking and Cash Banking is shifting to digital platforms, but branches still offer value for personalized advice. Generational differences and the decline of cash are also discussed. (21:53) California's Economic Strength and Future Prospects California's economic power and challenges for banking, mergers and acquisitions, high taxes and living costs, and adapting to remote work. (33:04) Banking Banking's future: personalized advice, trust, collaboration, and balancing career with personal commitments. (36:36) Building Relationships and Creating Value Nature's evolving relationships in financial services, from investment to planning, learning from peers, and building meaningful client relationships.

Podcast Summary What if you faced a moment that changed your life forever? Join me, Kelly Brothers, as I share the extraordinary story of Robert Paylor, a promising rugby player whose life took a dramatic turn during a 2017 national championship match. Robert opens up about his journey from Sacramento, where his passion for rugby began, to becoming a star athlete at Cal with its storied rugby program. A harrowing incident during a match left Robert paralyzed from the neck down, but his remarkable resilience and determination turned a life-altering tragedy into a story of inspiration and hope. We follow Robert's incredible path to recovery, defying medical expectations with sheer willpower and the support of loved ones. Against all odds, Robert transitioned from being unable to move below his neck to eventually walking out of the hospital, showcasing the power of perseverance and positivity. His critical milestones, such as his rehabilitation at the Craig Center in Colorado, highlight innovative approaches and a never-give-up attitude. Robert’s academic achievements, culminating in his graduation from Cal in 2020, serve as a testament to his tenacity and remind us that the human spirit can triumph over the most daunting challenges. Robert has since transformed his experience into a mission to inspire and uplift others. As a motivational speaker, he shares his story worldwide, emphasizing the importance of perspective and gratitude. His journey from "Paralyzed to Powerful" is encapsulated in his book, aiming to help others find strength in adversity. Beyond his recovery, Robert celebrates personal milestones, such as marrying his wife, and embraces the exciting opportunities that lie ahead. Tune in to hear how Robert's powerful narrative continues to impact lives and how he has managed to turn personal tragedy into a beacon of hope for countless others. You can learn more about Robert on his website. www.robertpaylor.com To purchase the book on Amazon visit: https://www.amazon.com/Paralyzed-Powerful-Lessons-Quadriplegics-Journey/dp/B0F5L31HV8/ref=tmm_pap_swatch_0 For more information on what we provide at Captrust visit www.captrust.com. You can contact me, Kelly Brothers, through the show at: bisifipodcast@gmail.com To reach me at Captrust visit www.captrust.com/locations/sacramento-ca/ (00:00) Life-Changing Rugby Accident and Recovery Former rugby player Robert Paylor shares his journey from thriving athlete to paralysis after a national championship match. (13:01) Overcoming Adversity Through Resilience Robert Paylor shares his journey of recovery from a spinal cord injury, emphasizing perseverance, positivity, and faith. (17:34) Paralyzed to Powerful Robert Paylor's journey from paralysis to graduation, focusing on mindset, purpose, and inspiring others through his book and public speaking. (30:24) Finding Strength Through Perspective Robert Paylor shares his journey from catastrophic injury to inspiring others through speaking engagements and his book.

Business leadership expert Doug Lipp takes center stage in this episode as we explore his fascinating journey from Sacramento to Tokyo Disneyland and beyond. Doug's unexpected passion for Japanese culture, ignited in high school, not only shaped his education but led to pivotal moments in his career, like his internship and subsequent role with Disney in Japan. Our shared memories of a unique trip to Japan, coupled with Doug's linguistic prowess and cultural insights, set the stage for a rich discussion on cross-cultural communication and leadership. The conversation uncovers the strategic triumphs and challenges of Tokyo Disneyland, from its opening in 1983 to its innovative responses to weather and cultural dynamics. We explore Doug's career trajectory within Disney, reflecting on his impactful role at Disney University and the broader challenges of maintaining operational excellence and cultural cohesiveness across the brand's global presence. Doug's anecdotes about Disney's foundational leadership principles and customer service philosophy provide invaluable lessons on human interaction's enduring importance, even in a tech-driven world. Transitioning from Disney's corporate world to founding the Intercultural Relations Institute, Doug shares insights into the complexities of cross-cultural leadership and the importance of maintaining simple yet powerful messages within organizations. The episode concludes with a focus on Doug's significant contributions through his books and YouTube channel, encouraging listeners to explore his work further. His journey is a testament to the power of passion and insight in shaping successful leadership and cultural understanding, offering listeners a blend of inspiration and practical wisdom. To learn more about Doug Lipp, his company and the Intercultural Relations Institute, simply click on the link to his website. https://www.douglipp.com/ For more information on what we provide at Captrust visit www.captrust.com. You can contact me, Kelly Brothers, through the show at: bisifipodcast@gmail.com To reach me at Captrust visit www.captrust.com/locations/sacramento-ca/ CHAPTER SUMMARIES (00:00) Doug Lipp Doug Lipp shares his journey from Sacramento to Japan, sparked by a high school class and leading to a career at Disney. (13:27) Tokyo Disney Opening and Leadership Transition Tokyo Disneyland's success, challenges, strategic location, and post-WWII cultural dynamics are discussed in relation to my career trajectory at Disney. (18:38) Disney University and Leadership Challenges Disney University's role in maintaining culture and training employees, challenges faced by Disney, and personal journey from Disney to consulting. (25:18) Disney Leadership and Cultural Challenges Transitioning from Disney to Intercultural Relations Institute, leadership training, Walt Disney's approachability and authority, and employee engagement. (35:48) Customer Service and Leadership Evolution Leadership and customer service require a balance of technology and personal engagement, as seen in Disney and AutoZone's success. (46:14) Doug Lipp's Books and YouTube Channel Doug Lipp, a distinguished business leader and author, shares valuable insights on leadership and his extensive work in the Sacramento area.

Join me as we embark on the inspiring journey of Daniel Farley, owner of Hamilton Jewelers Pavilions in Sacramento. Daniel shares how his family's immigrant roots from Mexico and Italy, along with the profound influence of his grandmother, shaped his passion for jewelry and business. Through a cherished childhood memory involving his father's thoughtful gift to his mother, Daniel's fascination with the meaningfulness of jewelry began. We reminisce about our shared history, from childhood bus rides to flying adventures with Daniel's father, which added a unique charm to his upbringing. We talk about the importance of location and personal presence in luxury businesses with Daniel's insight. Discover how the strategic placement of his store in Sacramento's premier shopping center, Pavillions, attracts clients from diverse regions, emphasizing the value of maintaining a single, well-managed location for quality and personal connection. Through exclusive brand offerings and community engagement, Daniel underscores the role of passion and dedication in building a thriving business. We reflect on the significance of genuine connections with clients and fostering a supportive team environment, akin to the approach of esteemed local restaurateur Patrick Mulvaney. Witness the enduring allure of luxury watches and jewelry as Daniel discusses the significance of timepieces as cherished heirlooms and personal expressions of style. Despite technological advancements like smartwatches, the charm of traditional jewelry remains strong. We touch on the impact of COVID-19 on retail, which positively influenced jewelry sales and customer loyalty, and discuss the financial aspects of the business, with a significant portion of revenue occurring during the holiday season. Celebrating a unique local success story, we explore the joy of decades-long friendship and collaboration that eventually weaves its way back to the pleasurable experience of shopping at Hamiltons Jewelers. To learn more about Hamilton's Jewelers visit:https://www.hamiltonpavilions.com/ For more information on what we provide at Captrust visit www.captrust.com. You can contact me, Kelly Brothers, through the show at: bisifipodcast@gmail.com To reach me at Captrust visit www.captrust.com/locations/sacramento-ca/ Chapter Summaries(00:00) Journey to Jewelry Business Ownership Daniel Farley's journey from immigrant roots to successful jewelry business, inspired by family, meaningfulness of jewelry, and dedication to customers. (13:28) Luxury Jewelry Business Location and Expansion Location, personal presence, exclusive brands, community engagement, and passion are key to luxury business success. (29:38) Jewelry Business and Personal Success Luxury watches and jewelry as cherished heirlooms, COVID-19's impact on retail, and maintaining a local presence. (42:21) American Success and Friendship in Jewelry Celebrating friendship and success through a shared history, business, and philanthropy at Hamilton Jewelers.

Experience the inspiring journeys of Rachel Zillner and Kierstan DeLong as they share their paths to leadership. From Rachel's entrepreneurial spark, kindled by her father's business endeavors, to Kierstan's passion for communication shaped by her upbringing, this conversation promises insights into the minds behind the new ownership of RSE—a leading marketing and communications agency. Combining Rachel's innovative spirit with Kierstan's global agency experience, they highlight their strategic vision to lead RSE and the RADZ group of brands into a new era of success. Our discussion further unfolds as we explore the multifaceted services of RSE, a powerhouse in marketing and social impact. Discover how the agency leverages its creative and digital teams to showcase positive contributions from both government and corporate sectors. As we introduce the RADZ group, including brands like Clutch and Frequency Co-Working, the conversation gets even more exciting with a prediction of how AI is set to influence future endeavors. We'll uncover the elements that make these women leaders of innovation and community collaboration. Balancing work and personal life takes center stage as Rachel and Kierstan share candid stories about integrating motherhood with leadership roles. They emphasize how parenting can enhance executive skills and reflect on the role of community support. Hear how Sacramento's vibrant community plays a crucial role in their journey, countering any negative perceptions with personal experiences. Listen for invaluable advice on embracing opportunities, choosing positivity, and the non-linear nature of growth—told with passion and enthusiasm by two dynamic women making significant impacts in the Sacramento business world. You can learn more about The RADZ Group at www.theRADZGroup.com To learn more or inquire about services from RSE, visit www.rs-e.com For more information about CLUTCH, visit www.connectwithclutch.com For more information on what we provide at Captrust visit www.captrust.com. You can contact me, Kelly Brothers, through the show at: bisifipodcast@gmail.com To reach me at Captrust visit www.captrust.com/locations/sacramento-ca/ Chapter Summaries:(00:00) Female Entrepreneurs Discuss Business Journey Rachel and Kierstan bring strategic vision to revitalize RSE, blending global experience with a women-led legacy. (15:07) Exploring Future Business Trends With AI RSE offers comprehensive marketing services, specializing in social impact and government partnerships, with a focus on AI's future impact. (29:14) Balancing Work and Motherhood in Sacramento Parenting and career integration, community impact, involving children in business, empathy for young professionals, and pride in fostering future generations in Sacramento. (42:13) Embracing Opportunities and Growth in Business Seizing opportunities, taking risks, and choosing positivity drive meaningful work and make a positive impact.

What better episode to bring back than Mike Pereira now that we're deep into the football season and he's now actually in the booth with the very Tom Brady he references in this episode from earlier this year. Enjoy. When Mike Pereira steps into a room—or onto a field—stories and wisdom seem to follow him like a shadow on a sunny day. In our latest episode, this Stockton native, who's traversed an incredible path from NFL official to Fox Sports commentator, doesn't just share his journey; he lets us in on the intimate pivots and touchdowns of a life dedicated to the love of the game. As he discusses the warm camaraderie of his broadcasting team and his recovery from back surgery, you'll feel the strength of the sports community and the genuine excitement for what the future holds, including working with famed quarterback Tom Brady. Discovering one's passion can often come from the most unexpected of places, and for Mike, it was the reluctant step into his father's officiating shoes that revealed his true calling. This episode reveals Mike's early reluctance, the transformative power of taking that first whistle, and the ripple effect that passion can have across a lifetime. His candid recounting of financial struggles and serendipitous opportunities serves as a reminder that sometimes our greatest achievements are waiting just beyond the horizon of our comfort zones. Lastly, Mike's legacy, which stretches far beyond the end zones and playbooks is Battlefields to Ballfields. A testament to his commitment to giving back, providing veterans with a renewed sense of community through the world of sports officiating. Mike's dedication to honoring service members and supporting them in their transition to civilian life is as moving as it is impactful, demonstrating that the true measure of a person's career is not in the titles they've held, but in the lives they've touched. This is surely one uncommon trajectory to the highest and most respected commentary on the game in play when it comes to the rules and the on-field calls. To learn more about Mike's Battlefields to Ballfields visit www.battlefields2ballfields.org For more information on what we provide at Captrust visit www.captrust.com. You can contact me, Kelly Brothers, through the show at: bisifipodcast@gmail.com To reach me at Captrust visit www.captrust.com/locations/sacramento-ca/

What if the economic downfall of your hometown sparked a journey that led you to revolutionize a city's future? Barry Broome, president and CEO of the Greater Sacramento Economic Council, shares his incredible story of transformation from the industrial heartland of Ohio to spearheading economic development in Sacramento. Growing up amidst the collapse of the manufacturing industry, Barry's early life in steel mills and unions shaped his unique outlook on economic revival, inspiring him to pursue higher education and, ultimately, a career dedicated to revitalizing regions like Sacramento. Our conversation uncovers the importance of civic leadership in breathing new life into cities once on the brink of economic despair. Learn how Barry draws inspiration from the rejuvenation of places like Pittsburgh and Cleveland, and discover how his unexpected move to Sacramento opened up opportunities for innovation and strategic growth. With personal anecdotes and strategic insights, Barry illustrates how local leaders are transforming Sacramento into a burgeoning hub for science, technology, and the arts, fueled by significant investments and initiatives like the Growth Factory and Aggie Square. Sacramento's vibrant cultural and economic evolution is at the forefront as we explore the city's growing reputation in sports, healthcare, and technological innovation. From the success of the Sacramento Kings to the potential of hosting a Major League Baseball team, Barry envisions West Sacramento as a viable option for expanding the city's sports franchises. As we wrap up the episode, Barry's passionate advocacy for Sacramento's future highlights the region's readiness to become a world-class destination for enterprise and community development. This insightful journey into the heart of Sacramento's transformation is as inspirational as it is informative. For more information on what we provide at Captrust visit www.captrust.com. You can contact me, Kelly Brothers, through the show at: bisifipodcast@gmail.com To reach me at Captrust visit www.captrust.com/locations/sacramento-ca/ (00:00) Economic Development and Working Class Roots Barry Broome's journey from working in steel mills to promoting economic development in Sacramento. (10:03) Civic Leadership and Economic Development Civic leadership and strategic planning drive economic revitalization in cities like Pittsburgh, Cleveland, and Detroit, while family and community influence relocation decisions. (20:06) Sacramento's Economic Development Potential Sacramento's potential as a science and engineering hub, revitalizing industries, initiatives like Growth Factory and Aggie Square, and investments in future technologies. (31:43) Sacramento's Economic and Cultural Growth Sacramento's growth is driven by major investments, healthcare developments, and sports, with potential for MLB expansion. (39:33) Sacramento's Enterprise and Investment Growth Sacramento's sports and entertainment scene is thriving, with the Golden 1 Center's success and potential relocation of the Athletics, highlighting community commitment and political will. (48:12) Barry Broome's Vision for West Sacramento West Sacramento's potential for securing a MLB team, emphasizing community support and revenue from TV rights, merchandising, and fan experiences.

What better time to present an encore episode like this than end of year when families are together and can address some of the serious elements that need family input. Not to mention, end of year tax concerns as well! This is a noteworthy episode for those items that can easily be dismissed. Hope you find the timing helpful. Imagine inheriting the family vacation home only to find you can't afford the liabilities that come with the gift. That's just one of the critical topics we 'll dissect with Mike Genovese, a financial mastermind from CapTrust, illuminating the shadowy corners of estate planning. Together, we navigate the intricacies of California's Prop 19 and delve into the mechanisms of a Qualified Personal Residence Trust, offering a roadmap for transferring cherished assets to the next generation. Mike then bestows vital wisdom on managing estate and income taxes, the strategic use of spousal exemptions, and the nuanced balance between capital gains and preserving legacy wealth through stock portfolios. Get your notepad out as we confront the convoluted world of estate planning within the realms of second marriages—a situation that many individuals face. Our episode unravels the complexities of ensuring financial security for a new partner while honoring the legacy intent for children from previous relationships. Mike shares his expertise on bypass trusts, the role of trustees, and the use of specific type trusts for larger estates. The emphasis can't be minimizd for the necessity of crystal-clear communication and precise documentation to smooth the path through the intricate dynamics of blended families. Wrapping up the episode, the attention turns to business owners pondering their exit strategy, with a deep dive into the advantages of Employee Stock Ownership Plans (ESOPs). For the entrepreneurial spirit looking to reward loyal employees and ensure the longevity of their life's work, our discussion on ESOPs reveals a tax-efficient method of business succession. Mike and I dissect the financial mechanics, regulatory intricacies, and the tangential benefits of selling a company to those who know it best—the employees. This episode is as much a masterclass; as it is a tutorial for navigating the financial implications of life's transitions. For more information on what we provide at Captrust visit www.captrust.com. You can contact me, Kelly Brothers, through the show at: bisifipodcast@gmail.com To reach me at Captrust visit www.captrust.com/locations/sacramento-ca/