The Infinite Wealth Podcast

A Business Owner's Guide to Trusts, Taxes and Infinite Banking with Attorney Anthony Brister

Jun 25, 2024

Highly-regarded business and tax attorney, Anthony Brister, shares expert insights on estate planning, trusts, tax deductions, and the Infinite Banking Concept. Topics include proactive planning, asset protection, and leveraging financial tools for wealth management.

47:13

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Episode guests

Anthony Brister

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Quick takeaways

Proactive tax planning is crucial for maximizing deductions and efficiency in business operations.

Establishing clear directives in estate planning, such as naming guardians for minor children, is essential to avoid conflicts and ensure smooth decision-making processes.

Deep dives

Anthony Brister on Integrating Legal and Tax Insights

Anthony Brister, a business and tax attorney, discusses key themes from the podcast, including the importance of strategic tax planning for business owners. Brister highlights the often overlooked tax deductions, like the home office deduction, advising individuals to leverage these opportunities for tax efficiency. He emphasizes the need for proactive tax planning, suggesting regular engagements to optimize one's tax strategy.

Asset Protection Trusts and Moving Assets into a Trust Explained

02:54

Tax-Efficient Ways to Put Your Kids on Payroll

02:25

Intro

2min

Building Relationships and Proactive Tax Strategies with a Business and Tax Attorney

2min

Estate Planning and Asset Protection for Real Estate Owners

8min

Importance of Estate Planning and Documenting Last Wishes

5min

Comprehensive Estate Planning Strategies and Financial Tools

29min

Building Relationships, Proactive Tax Planning, and Advisory Services

2min

In this informative episode, Cameron and Anthony are joined by Anthony Brister, a highly-regarded business and tax attorney, to shed light on various wealth management strategies. The discussion delves into estate planning intricacies, offering guidance on wills, trusts, and asset protection. Key topics include the advantages and processes of establishing trusts, attorneys' methods for proactive planning, and practical advice on tax deductions and business structuring. Brister also shares his expirience with the Infinite Banking Concept, explaining how he uses his policy and stressing the need for a comprehensive and ongoing financial advisory relationship. This episode is a must-listen for anyone interested in securing their financial legacy and leveraging intelligent tax and legal strategies.

Resources:

Anthony Brister – Business and Tax Attorney : https://www.bristertaxlaw.com/

Schedule your 15-minute call with Anthony or Cameron here:

http://bit.ly/iwc15podcast

Check our online course at www.InfiniteWealthCourse.com

Buy Becoming Your Own Banker by R. Nelson Nash http://bit.ly/BYOBbookIWC