BIF Bites

Latest Episodes:

Penny for Your Thoughts Nov 28, 2025

Show notes

The U.S. Treasury is officially ending production of the penny, and our sweet, sweet Mr. Lincoln coin is sailing off into the sunset. In this episode, hosts Jerry and Kaylee discuss the economic and cultural ripple effects of this decision. What does this mean for cash transactions, the 99-cent store, and the future of physical currency in an increasingly digital world?

Join us as we break down the cents and sensibility of a world without the one-cent coin. You won't want to miss our two cents on the topic.

Want to learn more about other topics? Check out BIF's resource page with our podcasts, blogs, and infographics!

CRAT CRUT GRAT GRUT SOUP Nov 13, 2025

Show notes

Understanding estate trust options can feel like wading through alphabet soup—what do all the letters mean and how do you keep them straight?

Don't worry! Jerry Mee, CFP® is ladling out his knowledge, including the easiest way to remember each estate trust acronym, what these trusts do, and how to keep them straight for exam day.

Get ready to pass the exam with The BIF Review! Our 8-week CFP® Exam prep course covers everything you need to know (and we have a lot of fun doing it).

Try The BIF Review FREE for 30 days!

Question Palooza (November 2025 CFP Exam) Nov 06, 2025

Show notes

It's that time of year again! Jerry and Adam are joined by Kaylee, the newest member of the BIF Crew as they dive into a fresh set of exam questions to help you get ready for the November 2025 CFP® Exam.

Ready to turn today’s insights into an organized study plan? Check out The BIF Review! It's our streamlined, eight-week CFP® Exam prep course that gets you ready to pass the exam while keeping you out of the weeds.

Try it free for 30 days!

All About Viaticals Oct 10, 2025

Show notes

This week, Jerry sits down to talk all about viatical settlements, how to qualify for them, what the transfer for value is and why you need to know about them for the CFP® Exam.

Get more structured, effective prep for the CFP® Exam with The BIF Review. In eight weeks, you'll get the resources, materials, and support you need to pass the exam and earn your marks.

Learn more about The BIF Review and try it free!

CFP® Exam Study Groups: Get By With a Little Help From Your Friends Sep 26, 2025

Show notes

In this episode of BIF Bites, Kaylee makes her debut as the newest BIF Crew member, sharing best practices for CFP® Exam study groups.

Learn about her multi-group strategy that combines 1:1 partnerships, small virtual groups, and larger practice sessions. Plus, she's sharing tips on making the most of group studying through time management and how to leverage diverse professional backgrounds and maximize learning through active participation.

Kaylee also contrasts different study approaches and wraps up with practical advice for forming effective groups, whether virtual or in-person, along with a challenge for listeners to apply these strategies in the week ahead.

Ready to turn today’s insights into success on the CFP® Exam? Check out The BIF Review—our streamlined, eight-week CFP® Exam prep course where you learn exactly what you need to know to pass the exam from practicing CFP® professionals. Plus, BIF Review students get access to our Facebook group where you can connect with other candidates, which is a great place to form study groups!

Learn more about The BIF Review here.

So You Won The Lottery... Sep 05, 2025

Show notes

In this episode, Jerry lays out a clear, practical game plan for what to do after a life-changing financial windfall. Whether you've hit the jackpot yourself or you're advising a client who has, let's walk through the essential first steps. From staying grounded to assembling the right team and making smart, long-term decisions. Don't let sudden wealth become a sudden problem for you or for one of your clients.

Hobby Lobby Tax Scandal Aug 22, 2025

Show notes

In this episode of the BIF Bites podcast, Jerry dives into the Hobby Lobby Scandal from 2010 and how we can use it for an important lesson for the CFP exam.

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Peace, Love, & Crummey Powers Aug 08, 2025

Show notes

It was the 1960s—bellbottoms, Beatles, and flower power ruled the day while America's youth challenged authority at every turn. But while Jimi Hendrix was setting guitars ablaze, California businessman Clifford D. Crummey was quietly funding his family's life insurance trust with annual Christmas gifts—until the IRS claimed those gifts didn't qualify for tax exclusion. Embodying the rebellious spirit of his times, Crummey fought back and won a 1968 court battle that revolutionized wealth transfer forever. Today, "Crummey Powers" help sophisticated families move millions tax-free through dynasty trusts, proving that sometimes the most powerful estate planning tools come from the most unexpected places.

Welcome to the summer of Peace, Love, and Crummey Powers—where one man's fight created a legacy that continues to stick it to the IRS, one trust gift at a time.

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You Passed Your CFP(r) Exam... What Comes Next? Jul 25, 2025

Show notes

In this week's BIF Bites episode, Jerry and Adam sit down to discuss life after passing the CFP(r) Exam.

Question Palooza - Estate Planning (July 2025 Exam) Jul 09, 2025

Show notes

In the final instalment of this Question Palooza series, Jerry and Adam tackle the best way to gift a family business as part of an estate plan.

⁠Try it free for 30 days!