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How To NOT Pay TAXES#PropertyInvestment #financialfreedom #RealEstateTips #taxes #avoidtaxes

What Would you do if you won over $500 million in the lottery? Most people would spend it all on themselves and be broke in a matter of a few short years. The data shows that most people who win the lottery are worse off after a few years. That's because most people who buy lottery tickets aren't financially responsible. A poverty mentality stays with you, even when you suddenly receive hundreds of millions of dollars. Many of my client are concerned about #generationalwealth What can their #money do to not only take care of themselves, but their kids and grandkids? If planned wisely, lottery winnings of this size can easily elevate your entire family for decades to come. Many of my client use a specially designed #cashvaluelifeinsurance plan to "deposit" large sums of cash into. These #lifeinsurance plans have a savings account component to them, which allows you to get #taxfree growth on your money, while simultaneously creating #taxfreewealth for your family when you pass. If you've come into a large sum of cash and need guidance, comment "money" below! I'll show you if a specially designed life insurance #retirement plan will work for you! #compoundinterest #beyourownbank #retirementplanning #wealthymindset #financialliteracy #avoidtaxes #safemoney

The best savings bank account isn't even really a bank account at all! Everyone is trying to find the best yield in their #safemoney as inflation remains out of control and the federal reserve cuts rates. The problem is bank accounta don't pay you a good interest rate. So why not go where hr3 banks go? That's right, the banks have their own "secrets" they hope you never learn. Banks put BILLIONS of dollars into #cashvaluelifeinsurance Certain types of #lifeinsurance plans function as a glorified savings vehicle and tax shelter for the banks. If the policy is set up right, you can average 5% to 7% returns on your #money without it being taxed. So if you want the best place to save money without taking on market risk, a max funded life insurance plan is hard to beat! Comment "money" below if you're interested in learning more about how it works! #creatorsearchinsights #financialliteracy #beyourownbank #wealthymindset #compoundinterest #retirementplanning #avoidtaxes #taxfree

Breaking news! Conservative Think Tanks are floating the idea of a universal savings account. This would work almost like a Roth IRA, except there'd be no restrictions on liquidity before 59 1/2. Earnings would be #taxfree and your #money could be accessed at any age. Sounds great, right?! Well there's actually already something that can do this! It's called a #lifeinsurance #retirement plan (LIRP). Certain #cashvaluelifeinsurance plans have a savings account component that can be used for tax sheltered earnings. If the policy is set up right, your funds can be accessed before 59 1/2 without any tax penalties, while simultaneously growing your funds tax free. There are also no contribution limits! So if you're a Super Saver and want to put large amounts of cash to work, a LIRP could be perfect. Comment "money" below if you're interested in learning more! #greenscreen #financialliteracy #compoundinterest #retirementplanning #avoidtaxes #safemoney #wealthymindset #indexeduniversallife