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#1118 Joel Nagel On How To Protect Your Wealth During The Bear Market

The Pomp Podcast

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Estate Planning - What's the Difference Between Asset Protection and Taxation?

Trusts on the surface are tax neutral, meaning they don't increase your taxes. There are some generational wealth and estate benefits in that sense. But from an income tax perspective, whether I earn the money or the trust earns the money, there's a capital gain, it's going to be taxed exactly the same.

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