The Fiduciary's Edge

Digital Gold or Fool’s Gold? Our Take on Crypto

43 min · 31. juli 2025
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Description

In this episode of The Fiduciary’s Edge, Michael and Mike Bishop break down the hype around cryptocurrency and whether it belongs in a sound financial plan. From Bitcoin’s extreme volatility and speculative nature to the rise of blockchain and forgotten wallet horror stories, they explore why crypto fails the fiduciary test. With decades of experience navigating market cycles, the Bishops compare digital assets to time-tested investments like Hershey’s—and explain why fundamentals still matter more than buzz.

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The Building Blocks of Estate Planning

In this episode of The Fiduciary’s Edge, co-hosts Michael and Mike Bishop break down the fundamentals of estate planning and the costly mistakes families make when they wait too long to prepare. From wills and beneficiary designations to probate, inheritance tax, gifting strategies, and inherited IRAs, they unpack the real-world planning decisions that can impact your family for years to come. The Bishops also explain why estate planning is not one-size-fits-all, how to avoid creating unnecessary complications for your heirs, and why consolidating accounts and building the right advisory team matters more than most people realize. Whether you’re just starting your financial journey or managing a more complex estate, this episode offers practical insight into protecting your assets, minimizing confusion, and planning with clarity.

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