Max Merritt

Max Merritt, an attorney at KKOS Lawyers specializing in tax law, shares valuable insights on transforming Name, Image, and Likeness (NIL) income into lasting wealth. He discusses critical strategies like forming an LLC to protect athletes' interests and the benefits of electing S corp status. Merritt highlights the entrepreneurial mindset required for success and explains the significant tax advantage of the mega backdoor Roth IRA. He urges athletes to construct a reliable support team and to actively manage their financial future.