Inheritance Planning: What To Do With $1.1 Million

Inheritance Planning

What should you do after receiving a large inheritance? In this episode, Loral Langemeier helps a Minnesota couple who received a $1.1 million inheritance that includes cash, mutual funds, and real estate assets avoid costly mistakes and create a long-term wealth strategy. Loral explains why proper inheritance planning goes beyond simply investing money and why smart inheritance planning includes preparing children to become financially responsible rather than simply passing down wealth. If you’ve inherited money or expect to in the future, this episode provides practical insights into protecting assets, reducing taxes, and building generational wealth with confidence.   Loral’s Takeaways: Current Business and Challenges (00:48) Inheritance and Financial Planning (02:35) Corporate Structure and Tax Implications (03:56) Investment Strategies and Learning Opportunities (05:25) Franchise Opportunities and Long-Term Planning (06:23) Personal Expenses and Tax Management (07:44) Involving the Next Generation (09:01)     Connect with us: Rapid Marketing System Skillet Analyzer  TMI  Book Call in – 775-588-9200 Text […]

Episode 98: Reducing Taxes and Liability with Corporate Entities

Today, Scott Arden the COO and co-founder of Controller’s Ltd. a company that offers a wide range of financial services including bookkeeping, payroll, CFO/controller services, cash-flow management, and tax planning is here. We talk about the steps to begin building the best type of structure for your businesses.

Enter the More Free Time Zone

Do you ever feel overwhelmed, like you have to do everything on your own?  Do you often wish there were more hours in the day? Overloading yourself, attempting to manage […]