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#151 - Tax Secrets of the Rich: Business Trusts

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Manage episode 461381664 series 3499982
Content provided by [email protected] (Alara Sage) and Alara Sage. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] (Alara Sage) and Alara Sage or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

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

5 Days to Strategic Revenue Alignment
  • 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

  continue reading

100 episodes

Artwork
iconShare
 
Manage episode 461381664 series 3499982
Content provided by [email protected] (Alara Sage) and Alara Sage. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] (Alara Sage) and Alara Sage or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

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

5 Days to Strategic Revenue Alignment
  • 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

  continue reading

100 episodes

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