Trump University Asset Protection 101 : Tax and Legal Strategies of the Rich

by Childers, J. J.

• ISBN13: 9780470174647
• ISBN10: 0470174641
• Edition: 1st
• Format: Hardcover
• Copyright: 2007-10-19
• Publisher: Wiley

Summary

A tax-smart guide to keeping more of the wealth you build Three obstacles to wealth-lawsuits, income taxes, and estate taxes-can and will destroy the financial achievements of those who fail to properly safeguard their assets. In this book, attorney and tax strategist J.J. Childers lays out a plan for combating these forces so that anyone willing to learn and apply the secrets of the wealthy can do so in a smart, simple, and effective way. J.J. Childers (Little Rock, AR) is a licensed attorney specializing in wealth structures that reduce taxes and shield assets. He speaks on these topics to thousands of individuals, investors, and small business owners each year. His unique ability to explain complicated strategies in simple terms has made him one of the nation's most sought-after speakers and practitioners on asset-protecting legal structures.

Author Biography

J.J. Childers is an attorney specializing in wealth structures that reduce taxes and shield assets. He speaks on these topics to thousands of individuals, investors, and small business owners each year. His unique ability to explain complicated wealth-protection strategies in simple terms has made him one of the nation's most sought-after experts on asset-protecting legal structures.

Table of Contents

Foreword to the Trump University 101 Series	p. xi
Acknowledgments	p. xiii
Tax Secrets of the Wealthy	p. 1
Why Making Money Is Not Enough: The Closely Guarded Secret of the Wealthy	p. 3
Cracking the Tax Code: How Understanding Different Types of Taxes , Income, and Taxpayers Can Significantly Reduce and Even Eliminate Taxes	p. 9
Outrageously Powerful Tax Deductions You Can Take - Without Owning Your Own Business	p. 21
The Greatest Tax Shelter in the World: Owning Your Own Business	p. 36
Creating a Tax MESS (Multiple Entity Structuring Strategy)	p. 50
Lawsuit Protection Secrets of the Wealthy	p. 59
What Are the Odds of Your Being Sued?	p. 61
Business Entities That Will Legally Keep Your Assets Invisible, Untouchable, and Out of Reach	p. 72
Creating a Legal Multiple Entity Structuring Strategy: An Extreme Makeover for Your Assets	p. 88
How the Rich Avoid Mines That Can Pierce Your Armor	p. 102
Estate and Retirement Planning Secrets of the Wealthy	p. 113
Estate Plan of the Rich: Overcoming the Government's Efforts to Redistribute Your Family's Wealth with the Estate Planning Process	p. 115
How the Rich Trust Themselves to Keep Wealth in the Family and Away from the Government	p. 123
What the Rich Know That Others Don't about Getting (and Staying) Wealthy	p. 137
Taking Control of Your Financial Future	p. 154
Applying the Secrets of the Wealthy	p. 167
The Mogul Mindset Strategy	p. 169
Asset Protection in Action: How the Rich Put It All Together	p. 179
The Asset Protection Team: Finding Counter-Attack Specialists That Handle the Dirty Work	p. 191
A Call to Action	p. 199
Resources	p. 205
Deductions Checklist	p. 207
Business Structure Tax and Asset Protection Comparison Chart	p. 213
State Post-Judgment (Bankruptcy) Exemptions for Homestead and Pension and Retirement Plans	p. 215
Glossary: Terms That the Wealthy Know That You Must Learn	p. 229
Index	p. 249
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