In this episode of the Taylor Tax Show podcast, Terrence Taylor and Big Al Darnell Jr. discuss strategic giving in a tax-based world. They focus on three main strategies: donor advised funds, personal family foundations, and lifetime gift exclusions/annual gift limits. The goal is to empower listeners with tools to maximize their impact in the world while also optimizing their tax situation. Tune in to learn how to navigate sophisticated tax strategies for high-income individuals and level the playing field.
"With control being the goal, what you're able to do is you're able to feed your family and feed the poor."
Highlights:
[00:00:50] Strategic gift giving in taxes.
[00:05:31] Donor advised funds.
[00:11:02] Strategic giving and tax savings.
[00:15:06] Strategic tax-saving through giving.
[00:19:00] Strategic gift giving strategies.
[00:21:29] Earning wealth generation after generation.
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