Typical tax-deferred or tax-advantage savings plans haven’t proven themselves to be a guaranteed way to help people keep more of their savings protected from the tax man. This is for two reasons. First, the tax bill does come due when account owners withdraw money as income and secondly, because ofContinue Reading

This blog is a adjusted transcript from our podcast, The Economic Impacts of the Next Presidency – http://thewealthstandard.com/the-economic-impacts-of-the-next-presidency-episode-142/ To read about Donald Trump’s tax plan, click here. Insights into Hillary Clinton’s Tax Plan In the last blog we dove into Donald Trump’s plan. Let’s talk about Hillary Clinton’s tax planContinue Reading

This blog is a adjusted transcript from our podcast, The Economic Impacts of the Next Presidency – http://thewealthstandard.com/the-economic-impacts-of-the-next-presidency-episode-142/ A Brief Summary of Donald Trump’s Tax Plan Let’s maybe talk through those and talk through what you’ve seen. And I’ve read a bunch, too. Let’s talk through that and we’ll talkContinue Reading

This blog is a adjusted transcript from our podcast, The Economic Impacts of the Next Presidency – http://thewealthstandard.com/the-economic-impacts-of-the-next-presidency-episode-142/ The Huge Economic Implications of the Presidential Race – The National Debt When we were on the Real Estate Guys Investor Summit cruise a few weeks ago, Robert Kiyosaki was there for almostContinue Reading

Being audited can be time consuming and nerve wracking. The IRS does not have the man power to audit more than about 1% of all individual tax returns on an annual basis. To figure out who they are going to audit, the IRS has some red flags that will prettyContinue Reading

Recently an article published on Yahoo! discussed the advantages and benefits of Cash Value Life Insurance.  Not only did the author list many of the benefits found within Cash Value Life Insurance (Whole Life), but he went one step further and compared them to traditional savings plans (ROTH IRA, IRA,Continue Reading

Patrick Donohoe, Trever Keele (D.D.S. MBA) and Brad Gibb (MAcc) have a round table discussion about the current state of the economy, Infinite Banking and the effect of Baby Boomers on our society today and in the future. Great insight and perspective is given from the different backgrounds of the podcast participantsContinue Reading

What is Infinite Banking? Simply put, Infinite Banking is a strategy that uses the “Living Benefits” that are found within dividend paying Whole Life Insurance. Life insurance is known for the “Death Benefit” coverage that it provides the beneficiary. However, what isn’t widely known is that life insurance provides many “Living Benefits”Continue Reading