Trump University Asset Protection 101A tax-smart guide to keeping more of the wealth you build Three obstacles to wealth-lawsuits, income taxes, and estate taxes-can and will destroy the financial achievements of those who fail to properly safeguard their assets. In this book, attorney and tax strategist J.J. Childers lays out a plan for combating these forces so that anyone willing to learn and apply the secrets of the wealthy can do so in a smart, simple, and effective way. J.J. Childers (Little Rock, AR) is a licensed attorney specializing in wealth structures that reduce taxes and shield assets. He speaks on these topics to thousands of individuals, investors, and small business owners each year. His unique ability to explain complicated strategies in simple terms has made him one of the nation's most sought-after speakers and practitioners on asset-protecting legal structures. |
Contents
KEY TO FINANCIAL INDEPENDENCE | |
GOVERNMENT SPONSORED ATTACK ON WEALTH | |
ASSETSHELTERING LEGAL ENTITIES OF THE RICH | |
UNDERSTANDING WHAT YOURE UP AGAINST | |
WHAT YOU DONT KNOW CAN HURT YOU | |
MAKING CHANGES MEANS MAKING MONEY | |
ABOVETHELINE DEDUCTIONS | |
ITEMIZED DEDUCTIONS | |
THE ESTATE PLANNING PROCESS | |
THERES HELL AND THEN THERES PROBATE | |
SAVE A SEAT FOR THE TAX MAN AT YOUR FUNERAL | |
TOOLS OF THE TRADE FOR ESTATE PLANNING | |
NOT YOUR USUAL PRESENT | |
OTHER VITAL ESTATE PLANNING TOOLS | |
SOME FINAL THOUGHTS ON ESTATE PLANNING | |
THE AMAZING MIRACLE OF COMPOUNDING | |
TAX CREDITS | |
OTHER PERSONAL TAX PLANNING STRATEGIES | |
HAVING YOUR CAKE AND EATING IT TOO WITH TAXFREE FRINGE BENEFITS | |
RETIREMENT PLAN POWER | |
MINOR DEDUCTIONS MEAN MAJOR SAVINGS | |
INCOME SHIFTING FOR TAX SAVINGS | |
REAL ESTATE RICHES | |
PAYING ZERO PERCENT CAPITAL GAINS | |
SECRET OF COST SEGREGATION | |
LETS GET FISCAL | |
PLANNING AHEAD FOR YEAREND PLANNING | |
SECTION 179 DEPRECIATION MAGIC | |
GENERAL PARTNERSHIP | |
LIMITED LIABILITY COMPANY LLC | |
CONCLUSION | |
WHO IS ZEROING IN ON YOUR WEALTH? | |
ARE YOUR ASSETS IN SOMEONES SIGHTS? | |
WHAT MAKES YOU A TARGET? | |
HOW OPEN TO ATTACK ARE YOU? | |
WHAT ARE EXEMPTIONS AND HOW CAN THEY HELP GUARD YOUR ASSETS? | |
IF THEY CANT FIND IT THEY CANT TAKE IT | |
WHAT IS A BUSINESS ENTITY? | |
WHICH ENTITY IS THE BEST? | |
PARTNERSHIPSDEALING WITH THE DEVIL | |
CORPORATIONSPROTECT YOURSELF LIKE THE BIG BOYS DO | |
WITH LIMITED PARTNERSHIPS YOU CAN BE IN CONTROL | |
LIMITED LIABILITY COMPANIESTHERES A NEW KID IN TOWN | |
EXEMPTIONSLET UNCLE SAM PROTECT YOUR ASSETS FOR YOU | |
IF YOURE GOING TO BE LIABLE LET SOMEONE ELSE PAY FOR IT | |
PUTTING THE ENTITY PUZZLE TOGETHER | |
IS YOUR HOME SAFE AT THE BASE LEVEL? | |
USING DEBT TO YOUR ADVANTAGE | |
NEVER PUT ALL YOUR EGGS INTO ONE BASKET | |
CHARGING ORDERS | |
OWN NOTHING BUT CONTROL EVERYTHING | |
CORPORATE MAINTENANCE | |
AVOID PIERCING OF THE CORPORATE VEIL | |
AVOIDING FRAUDULENT TRANSFERS | |
INSURANCE AS A LAST RESORT | |
WHEN YOU NEED IT ITS ALREADY TOO LATE | |
YOUR MONEY YOUR CHOICE | |
IVE GOT IT COVERED | |
YOURE ON YOUR OWN | |
GOLDEN YEARS OR GOLDEN ARCHES | |
ITS ALL UP TO YOU | |
BEGIN YOUR RETIREMENT PLAN TODAY | |
SAFEGUARDING YOUR NEST EGG | |
DONT FORGET ABOUT THE TAX BENEFITS | |
WHAT CAN AN IRA OWN? | |
BREAKING OUT OF THE RETIREMENT PLAN TRAP | |
THE BEST KEPT SECRET OF THE WEALTHY REVEALED | |
PARTNERING UP WITH OTHER PEOPLES MONEY | |
APPLYING THE MULTIPRENEURING SECRETS OF THE WEALTHY | |
STOCK MARKET WEALTH STRUCTURING | |
REAL ESTATE WEALTH STRUCTURING | |
CONCLUSION | |
CASE STUDY 1 | |
CASE STUDY 2 | |
CASE STUDY 3 | |
CASE STUDY 4 | |
FINAL THOUGHTS | |
YOUR MASTER MIND TEAM | |
YOUR ATTORNEY | |
YOUR TAX ADVISOR | |
MEDICAL EXPENSES | |
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