Negotiate Your Best Life Podcast with Rebecca Zung Loopholes = Leverage: How People Hide Money & Gain Power with Guest Mark Kohler and Rebecca Zung on Negotiate Your Best Life #744
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Sep 22, 2025 Mark Kohler, a CPA, attorney, and bestselling author, reveals how the wealthy navigate legal loopholes to safeguard their assets and minimize taxes. He describes how trusts and offshore accounts are used for both protection and sometimes deception in divorce scenarios. Kohler explores the complexities of business structures and their impact on reported income, as well as the mindset shift necessary for wealth building. With insights on creating a family board for governance and legacy, this conversation is a treasure trove of strategies for financial success.
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Loopholes Are Often Intentional Workarounds
- The tax code is full of intentional workarounds that Congress created to promote desired activities.
- Calling them 'loopholes' misses that many are deliberate incentives for public policy.
Irrevocable Trust Used Deceptively In Divorce
- Rebecca described a case where a husband covertly placed marital funds into an irrevocable trust to reduce what his wife would receive.
- The wife proved the signature was forged and had to unwind the trust with forensic and estate help.
Get A Second Opinion On Irrevocable Trusts
- Avoid dubious irrevocable trust schemes sold as quick fixes without independent review.
- Get a second opinion from qualified counsel before moving marital or business assets into such trusts.
