You work hard for your money, so don’t let the government take it all when you die.
This is exactly what happened to one of the most significant cultural icons of the 20th century, Elvis Presley.
In this episode, David Lenok speaks with Paige Goepfert of Andersen Global to explore the financial mishaps of the late and great Elvis Presley. Through the American singer’s story, David and Paige highlight key takeaway lessons that can help you better prepare your clients' finances for death, with a particular focus on income tax planning.
In this episode, you will learn:
- The many ways tax planning can help reduce your client's estate tax bill;
- How Elvis was misled about his finances;
- Ways interest rates can aid in your planning;
- Why 2020 could be the best year to become more charitable;
- And more!
Tune in now and learn about the importance of tax planning and how it affects your financial future!