Key Takeaways:
Chapters:
Timestamp Summary
0:00:05 Introduction and disclaimer about investment strategies
0:00:37 Discussion begins on the “buy, borrow, die” strategy
0:01:59 Importance of having sufficient funds and a financial advisor
0:02:20 Explanation of buying various types of assets, including real estate and stocks
0:03:43 Benefits of leaving assets to family members at fair market value
0:06:20 Tax benefits of the strategy, including minimizing capital gains
0:07:21 Using borrowed funds for investments as a non-taxable event
0:08:48 Mention of life insurance as part of the strategy
0:09:06 Conclusion and contact information for Allison Reif Martin
Powered by ReiffMartin CPA and Stone Hill Wealth Management
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Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.
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