Courtesy of Tim Power (Wealth Source) & Kevin White
In January of 2024, Tim Power and Kevin White joined members for an open discussion on tax & legal housekeeping strategies for 2024 and beyond.
They delve into the nuts and bolts of trusts, life insurance, and the best business structures for safeguarding assets. Plus, get the lowdown on perks of the Inflation Reduction Act and the Roll Over Business Strategy (ROBS)….
Tune in For:
- The Difference Tax Avoidance vs Tax Evasion (02:24)
- Keeping Your Tax, Legal and Financial Planning On The Same Page(06:29)
- Insurance, Trusts, Asset Protection and Structures (09:23)
- Understanding Partnerships & Buy/Sell Agreements (21:30)
- Differentiating Insurance Types (23:21)
- Starting a Business Tax-Free with Rollover Business Strategy (ROBS) (26:16)
- How to Use the Massive Tax Breaks for Investing In Green Energy (29:38)
- Pre-Exit Planning & Financial Planning Costs (35:30)
- Quick Tips and Things to Keep in Mind (49:03)
