Stop Paying Capital Gains, NOW!

#2 - What are Capital Gains

January 17, 2023 Sally Episode 2
Stop Paying Capital Gains, NOW!
#2 - What are Capital Gains
Show Notes

Welcome to the first episode of the Stop Paying Capital Gains, NOW! Podcast. Sally Gimon explains the five elements of a trust and how it can help people save money on capital gains taxes and protect them from being sued. She also shares a story about her friend, Kelly, who failed to use the trust and ended up with a large tax bill. Additionally, Sally discusses how the trust can be used for 1099 income and investments, such as real estate, crypto, stocks, and options. Finally, she advises using the trust to save on taxes for food, fun, and fashion expenses. By the end of the episode, listeners will have a deeper understanding of how trust works and how it can benefit them financially.

 

Take control of your financial future and stop paying capital gains taxes now!

 

Outline of this episode:

0:02 Stop paying capital gains now.

1:54 The five key elements of a trust.

3:48 Spendthrift has gone in front of the US Supreme Court twice and both times the Supreme Court has come out in favor of the trust

4:53 A friend of mine is the poster child of capital gains 

6:15 This is not a necessity, this is to help you save money 

7:38 Sally’s house sold for $64,329 and saved $10,550.00

9:04 The benefits of a beneficial spendthrift trust 

10:38 Sally’s website.

 

This episode covers the following:

  • Irrevocable, complex, discretionary, non-grantor, a spendthrift trust 
  • Trust is 100% private, requires someone not ever going to be a beneficiary and someone you're not going 
  • Two separate trusts: business trust for 1099 income and beneficial trust for any investment 
  • Three things that do not cover are: food, fun, and fashion (adults) 
  • And so much more! 

 

About Sally Gimon:

 

Real estate expert Sally Marie Gimon was recently featured in Authority Magazine, discussing Infinite Wealth Strategies. Gimon, who holds a weekly mastermind for her Real Estate group that reaches over 800 investors, also hosts a weekly show called "Money Secrets" on Win, Win Women TV. In addition, Gimon announced she will launch a new podcast called "Stop Paying Capital Gains, now!" She is a regularly featured expert guest on podcasts and summits.

 

Sally is a wealth-building expert. She is a real estate expert and has been a licensed life insurance agent for 19 years. Sally uses proven wealth-building programs such as the Infinite Banking system and Spendthrift Trusts. She assists consumers in becoming debt-free in less time, saving money on capital gains, and protecting financial investments. Sally leads a weekly mastermind for her Real Estate group of over 800 investors, and she broadcasts "Money Secrets" weekly on Win-Win Women TV.

 

A Spendthrift Trust defers Capital Gains into infinity, becomes judgment-proof, and information is 100% private. Gimon offers a FREE Report that teaches how to start benefiting from Day 1.

 

 

Connect and tune in to Stop Paying Capital Gains, NOW! on:

 

Learn more at www.TheTrustIsYou.com

https://creativeraven.com/smells-like-money-podcast/

Monday 8 pm EST Q&A https://zoom.us/j/85008747185 

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