Stop Paying Capital Gains, NOW!

#22 - Spendthrift Trust saves Dividend Income Taxes every quarter!

June 01, 2023 Sally Gimon Episode 22
Stop Paying Capital Gains, NOW!
#22 - Spendthrift Trust saves Dividend Income Taxes every quarter!
Show Notes

Welcome to Episode 22 of "Stop Paying Capital Gains Now" with Sally Gimon. Discover the remarkable world of spendthrift trusts and their ability to save you on income taxes each quarter. Unleash your financial potential as Sally shares invaluable insights for crypto investors, real estate enthusiasts, day traders, and more. From dividends to stock market options and royalties, this episode is packed with tax-saving tips and inspiring stories. Join us on this captivating journey and rewrite the rules of wealth. Tune in now and seize the opportunity to stop paying capital gains!

 

Outline of this episode:

0:02 - Introduction and explanation of a spendthrift trust 

1:38 – Recap of the business trust, beneficial trust, interest income, dividend income, royalties -- and their benefits for investors.

3:25 – Background about a client, Don, and his excitement about the new plan 

5:06 - Referring people to buy the trust and offering incentives 

6:45 – Coming up with upfront money needed for an upset bid and real estate dealings. 

8:20 – Don’s first-time real estate deals and saving money on taxes 

9:58 - Conclusion and emphasis on saving money with the trust.

This episode covers the following:

  • Interest income and taxation for passive investors.
  • Dividend income and its impact on taxes.
  • Different trading strategies: stock market options trading, futures trading, day trading, binary trading.
  • Royalties and their tax implications for authors, songwriters, actors/actresses, and owners of oil wells.
  • Investments in NFTs (Non-Fungible Tokens), real estate, and cryptocurrency, and their tax considerations.
  • 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

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