In Part 1, Charles and Maddie’s story illustrated how life and politics can make a father’s desire to provide for his daughter much harder than it should be. While not ultra-wealthy by any standard, Charles has enough retirement savings that he should be able to structure supplemental income for Maddie for many years should he succumb to heart disease complications or any other premature death.
Capital Gains
4 Reasons Why Ordinary People Should Defer Capital Gains Taxes
Capital gains taxes often reduce profits by 40% or more. Finding ways to defer taxes and invest the excess is one of the ways that the 1% continues to build astronomical wealth. Reef Point LLC shares four practical reasons why you should establish a Deferred Sales Trust to avoid capital gains.
4 Reasons Why Ordinary People Should Defer Capital Gains Taxes
Actually, there is only one reason why anyone should defer capital gains taxes: more money.
Capital gains taxes often reduce profits by 40% or more. Finding ways to defer taxes and invest the excess is one of the ways that the 1% continues to build astronomical wealth.