On today's episode of the Stop Paying Capital Gains, NOW! Podcast, host Sally Gimon delves into the benefits of setting up an irrevocable, complex, discretionary, non-grantor spendthrift trust. This trust can help investors save money on taxes, protect their assets, and maintain privacy. Sally explains that there are two types of trusts available, the business trust, which is tailored for those earning 1099 income, and the beneficial trust, which is suitable for any investment. Both types of trusts can help investors save on federal taxes and protect themselves from lawsuits. She emphasizes that her main goal is to educate as many investors as possible about this type of trust and how it can benefit them. Additionally, she is starting a new podcast called "Stop Paying Capital Gains, NOW!" to educate more investors on this type of trust.
Outline of this episode:
1:24 Utilizing Trusts for Tax Savings, Privacy and Protection in Business and Investment Ventures
2:50 Maximizing Profits and Minimizing Taxes
4:09 Navigating Capital Gains Tax in Business Sales
5:36 Streamlining Tax Deferral
7:40 Unlock the Secret to Tax Savings
9:17 Maximize Your Tax Savings: The Business Trust and Beneficial Trust Solution
This episode covers the following:
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.
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