EP 458 - How the Rich Avoid Estate Taxes – and You Can Too

What did you think of todays show??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)Learn more about the Collecting Keys SCALE Community! https://collectingkeys.com/scale/Check out the FREE Collecting Keys “Invest Anywhere” Guide to learn how to find deals in ANY MARKET Completely virtually (this is how we scaled to over a dozen markets)!https://instantinvestor.collectingkeys.com/invest-anywhereFollow us on Instagram!https://www.instagram.com/collectingkeyspodcast/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/https://www.instagram.com/dylan_does_dealsThis episode was produced by Podcast Boutique https://www.podcastboutique.com