Unlock Generational Wealth with this Little-Known Trust Loophole

Unlock Generational Wealth with this Little-Known Trust Loophole

Join Vinney Chopra and Beau Eckstein with special guest Jamie Fogal in this episode! They dive into fascinating topics, covering finances, tax savings, and the unique concept of Deferred Capital Trust. Jamie shares insights into how this trust structure can help business owners and investors defer income taxes generationally, allowing for strategic financial planning.

Discover the benefits of spending within the trust, its tax advantages, and how it can be a game-changer for your financial future. Jamie provides valuable information on structuring the trust, utilizing life insurance policies, and maximizing its advantages.

Are you an entrepreneur or business owner looking to buy or expand a business? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

Timestamps:
(04:17) Jamie Fogal's background and her journey into financial strategies.
(07:10) Explaining life insurance policies' wealth accumulation and legacy benefits.
(08:07) Clarification on the "infinite banking" concept and the importance of flowing money in and out of policies.
(10:30) The borrowing process against the policy and the potential for double-dipping.
(14:40) Borrowing limits and the index used to determine available funds.
(16:01) The significance of the seven-year limitation and strategic funding considerations.
(17:58) The trust's involvement in funding life insurance policies and borrowing against them.
(19:50) Seven-year limitation due to IRS scrutiny, setting the foundation for long-term advantage.
(20:18) Comparing advantages between Infinite Banking and Self-Directed IRAs.
(21:28) Deferred Capital Trust and its provisions, tax benefits, and asset control.
(29:20) - Revocable and irrevocable trusts, criteria, and the percentage of trust types.
(31:29) - Dual trust structure explanation, beneficial trust as a limited partner.
(35:46) - Leveraging trust assets, demand notes, and repayments.
(39:24) - Guidelines on trust usage, control, and limitations on trust funds, including the 4Fs
(45:20) - The timeline for trust creation and EIN number allocation.

💥 Thanks for watching 💥
#TaxSavings #DeferredCapitalTrust #FinancialPlanning #TrustStructure #taxplanning

About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.

About the Channel: Want to structure your investments in the right and secure way?

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