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#151 - Tax Secrets of the Rich: Business Trusts
Manage episode 461381664 series 3499982
Summary
In this episode of Wealth Embodied, host Alara Sage speaks with Sally Gimmon about the benefits of Business Trusts and how they can significantly reduce tax liabilities for entrepreneurs. Sally shares her personal journey into real estate investing and the legal framework surrounding trusts, particularly the Spendthrift Trust.
takeaways
- Business owners can save significant amounts on taxes using trusts.
- The Spendthrift Trust is a legal tool recognized by the IRS.
- Trusts can protect assets from lawsuits and keep information private.
- Entrepreneurs making over $80,000 gross can benefit from these trusts.
Connect with Sally
https://www.thetrustisyou.com/affiliate
Free Quantum Wealth Blueprint
- proven framework that bridges high-level business strategy with conscious scaling
Revealing the exact alignment points where your current strategy is creating resistance to your next quantum leap
Transform wealth blocks into breakthrough opportunities, setting you up for exponential revenue growth
Connect with Alara Sage
Alara’s website
https://www.alarasage.com
Desire to work with Alara Sage?
Sign Up Here!
https://alarasage.as.me/connectioncall
100 episodes
Manage episode 461381664 series 3499982
Summary
In this episode of Wealth Embodied, host Alara Sage speaks with Sally Gimmon about the benefits of Business Trusts and how they can significantly reduce tax liabilities for entrepreneurs. Sally shares her personal journey into real estate investing and the legal framework surrounding trusts, particularly the Spendthrift Trust.
takeaways
- Business owners can save significant amounts on taxes using trusts.
- The Spendthrift Trust is a legal tool recognized by the IRS.
- Trusts can protect assets from lawsuits and keep information private.
- Entrepreneurs making over $80,000 gross can benefit from these trusts.
Connect with Sally
https://www.thetrustisyou.com/affiliate
Free Quantum Wealth Blueprint
- proven framework that bridges high-level business strategy with conscious scaling
Revealing the exact alignment points where your current strategy is creating resistance to your next quantum leap
Transform wealth blocks into breakthrough opportunities, setting you up for exponential revenue growth
Connect with Alara Sage
Alara’s website
https://www.alarasage.com
Desire to work with Alara Sage?
Sign Up Here!
https://alarasage.as.me/connectioncall
100 episodes
All episodes
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