Wealth Protection Secrets of a Millionaire Real Estate Investor
by William Bronchick
Successful real estate investors and entrepreneurs who've spent countless hours building wealth often see their profits dwindle due to an IRS hitch or other legal snag. After working so hard to be prosperous, investors need to know how to hang on and preserve their wealth. In a clear, methodical and accessible way, this book outlines the steps and techniques to safeguard investments. only to attendees of his seminars. In this book he shares his methods including how to: use trusts for asset protection and tax savings; hire family members for tax deductions; create a paper trail to help during a lawsuit or IRS audit; defer income tax payments without a penalty; slash taxes through the use of corporate entities; gain protection from financial ruin in a divorce; understand the secrets of life insurance to minimize costs and financial risks. Also included are sample asset protection plans that can be easily modified.
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