On this episode of the Taylor Tax Show, Terrence Taylor and Big Al Donnell Jr. discuss the surprising news of Antonio Brown filing for bankruptcy. They delve into the common issue of highly paid athletes facing financial challenges and explore the importance of tax planning for high profile individuals. Tune in to learn about the options available to athletes like Antonio Brown and gain valuable insights on tax-saving strategies for high net worth individuals.
“The key is to have control over the billion dollars because once you're a billionaire, then the target is on your back."
Highlights:
[00:01:08] Athletes going broke phenomenon.
[00:06:27] Learning from financial mistakes.
[00:10:05] Tax and financial advice.
[00:15:27] Building wealth with insurance policies.
[00:19:11] Financial planning for millionaires.
[00:22:14] Retirement planning.
[00:27:33] High profile financial advice.
[00:31:33] Need for a strong team.
[00:33:53] Policy loan benefits.
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