Episode 349: The Heirs or The IRS?

Not Your Average Financial Podcast™

In this episode, we ask:

• What annual day did Americans just survive?
• Where do you pay tax?
• Who pays the most in lifetime taxes?
• Who pays the least?
• What about your heirs?
• Do you want theirs or your heirs to get the money?
• What is legally required?
• Would you like to hear Episode 199?
• What are the steps?
• What about income tax?
• What about assets that force an income?
• What about assets you can borrow against?
• What about collateral?
• What about the tax to your heirs?
• Is this only for the ultra-wealthy?
• What are some ideas?
• What happens when the laws change?
• What about BITA?
• What about taxing the rich?
• How does this affect the middle class and less wealthy?
• What about estate tax?
• What about interest rates?
• What about a mindset shift?
• Are there capital gains on life insurance?
• What are the problems?
• What is guaranteed to grow?
• What is not guaranteed to grow?
• What happens if you find yourself underwater?
• What about liquidity?
• What about compounding?
• What assets compound?
• How about an example?
• What about the power of compounding growth?
• What are the opportunities?
• Is everyone going to be able to save enough money?
• What about saving a modest amount?
• What are billionaires doing with their stocks and real estate?
• What are the quick takeaways?
• What are the strategies?
• What about the risks with common strategies?
• What about whole life insurance?
• What about reducing your tax burden now?
• What about a Bank on Yourself® type whole life insurance policy?
• Would you like to visit notyouraverage.mn.co?