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What happens to your business and your family if you're suddenly gone? No one likes to talk about it, but today we’re getting into estate planning, how to make things easier on your spouse if the unexpected happens, and what you can do now to start protecting your wealth.
You'll learn how the rich avoid estate taxes, why liquidity is a major issue for most investors, and the one mistake that could force your family to sell everything.
Topics discussed:
Introduction (00:00)
Social media’s fear-based algorithm (01:05)
Dylan’s car accident wake-up call (06:23)
Estate planning for real estate investors (07:51)
How the rich avoid estate taxes (10:05)
Partnerships, agreements, and trusts (11:55)
3 things to simplify your plan (15:40)
Living frugally vs. living life to the fullest (18:40)
What happened to Dylan’s business when he was out of commission (24:49)
New Fed rate cuts: too little, too late? (28:51)
The only people getting institutional money right now (31:55)
Will Fannie and Freddie go private? (33:22)
Who’s getting the best rates right now (35:09)
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This episode was produced by Podcast Boutique https://www.podcastboutique.com
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