• Transfer to Family Tax-Free & Create and Provides Tax-free income. • Eliminates government interference. • Creates self-discipline and helps one to become a better manager of their money. Where do you find the money to fund Your Privatized Family Banking (PFB)? Reduce debt. Our goal is to get you out of debt using a Privatized Family Banking (PFB). 1. Restructured debt. Our goal is to get you out of debt using a Privatized Family Banking (PFB). 2. Stop overfunding your 529 plan. 3. Get your "Lazy Money" involved with your Privatized Family Banking (PFB). 4. Move existing annuities to a Tax-advantaged position. 5. Take advantage of the higher limits on the 529 plan and the IRS code. 6. Consider taking equity withdrawals from your IRA or 401 by using the government's qualified 72t early withdrawal program. 7. Never allow yourself to receive a tax refund. This is not Smart Money! Uncle Sam pays you no interest. 8. Consider rolling over old, outdated life insurance policies with a 1035 tax-free rollover. 9. Manage the equity in your real estate wisely. Never use your home equity for investments or insurance premiums. Use the tax advantages of your equity to pay off credit cards and other debt with higher interest rates. 10. How about making a few minor lifestyle changes? I tell my grandchildren that "I will do those things today that others won't do, so I can do those things tomorrow that others can't do."
131
Made with FlippingBook. PDF to flipbook with ease