No one enjoys paying taxes—but we do have to recognize that taxes are inevitable and a part of our lives.
In this episode, Greg DuPont talks about finding opportunities to improve your financial situation based on your state’s tax structure and how to avoid putting your children in a situation where they are unable to pay taxes on their inherited gains once you have passed away.
Greg discusses:
- The proposed changes to the current tax structure over the coming years
- How to start saving on tax payments
- Why a Roth conversion can be your best friend when looking into the future
- The different types of taxes you may be subject to
- And more
Related: How the Pandemic Has Influenced Our Investing Decisions