Fiscal Fortress Videos
Fiscal Fortress is an audio/video podcast where law and finance collide.
Tune in as Michelle Bau Yu, an experienced lawyer and Eric Chung, a veteran hedge fund manager, break down the latest trends, debunk myths, and share their take on the big financial and legal stories you need to know.
Fiscal Fortress Video – Episode 5
In this episode, Michelle talks about how sometimes a poorly design trust such as one purchased off the shelf can create some horrible results if there is a divorce. Eric also leads a discussion about why AI may be a bubble, and the biggest worries when investing in companies like Microsoft or Meta-who have invested trillions into the AI space.
Fiscal Fortress Video – Episode 4
This episode focuses on how owning real estate can result in losing hundreds of thousands of dollars in probate and legal fees if you plan poorly. We also discuss historical recession patterns, the current state of the economy, and why this is a potentially dangerous time to invest in stocks.
Fiscal Fortress Video – Episode 3
In Episode 3, Michelle discusses a costly mistake many people make—designating a beneficiary on their retirement accounts and then forgetting to update it later. She shares real-world examples of how this oversight can lead to retirement savings going to non-family members, which could have devastating financial consequences to family members, such as excluded children.
Fiscal Fortress Video – Episode 2.5
In Episode 2.5, Michelle explores the potential increases in estate tax, discussing a presidential candidate’s proposal that could drastically change estate planning. She delves into the possible reductions in estate tax exemptions and significant increases in tax rates, highlighting the importance of staying informed about these potential changes.
Fiscal Fortress Video – Episode 2
In episode 2 Michelle and Eric discuss the reasons you may, or may not, want to invest in Tesla, one of the most exciting companies of today, run by arguably the most controversial CEO of our generation.
Fiscal Fortress Video – Episode 1
In episode 1, Michelle and Eric discuss the importance of professional legal counsel in estate planning, common DIY estate planning pitfalls, and how investing in legal help saves money long-term.