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

The Pomp Podcast

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What's the Craziest Tax Strategy?

The IRS has tried to crack down on tax shelters and even made the professionals, the lawyers and the accountants who pitched them and promote them can be personally liable for penalties. There's nothing that says you can't buy life insurance in a foreign country, even though you're an American and you live in the US. People still have these outdated views that, well, if I put money off shore, nobody's gonna know about it. Those are all misnomers. If you wanna do something that goes across the line, we're very happy to help with educating people. And remember Leona Helmsley: Don't ever wear an orange jumpsuit with a serial number back home again

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