The Milk Road Show

How Smart Bitcoin Investors Pay Less Tax & Never Sell w/ Zac Townsend

4 snips
May 13, 2025
Zac Townsend, CEO of Meanwhile, shares insights on using life insurance to benefit long-term Bitcoin holders. He highlights how traditional financial tools can optimize taxes and secure wealth for future generations. The conversation dives into the management of Bitcoin assets after death, emphasizing strategic planning and preventing liquidity crises. Zac also discusses the evolving landscape of Bitcoin as a stable store of value and the importance of integrating conventional finance to enhance legacy planning in the crypto era.
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INSIGHT

Bitcoin Estate Planning Neglected

  • Most Bitcoin holders do not plan for what happens to their Bitcoin after death.
  • This creates a serious problem for heirs needing access to crypto assets.
ANECDOTE

Personal Bitcoin Estate Concern

  • Zac Townsend's wife is not a Bitcoin believer, prompting him to consider Bitcoin estate issues early.
  • He recognized that loved ones may struggle to access Bitcoin if there's no clear plan.
ADVICE

Use Whole Life Insurance

  • Whole life insurance covers you for your entire life and pays out to beneficiaries upon death.
  • It also grows tax-free, offering long-term financial and tax benefits for Bitcoin holders.
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