How to use family LLCs and family management companies to save on taxes.

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If you want to build generational wealth and cut your tax bill then this video is for you.

Here I explain how and why you can use Family LLCs (FLLC) and Family Management Companies to accomplish this.

There's nothing like family and there's nothing like working for yourself. So why not combine the two and reap the benefits.

Watch to learn more.

Outline:
Intro: (0:00)
Reasons for establishing an FLLC or FMC: (0:48)
Using an FMC to shift income and reduce taxes: (1:15)
Using an FLLC to reduce estate taxes: (4:39)
Using an FLLC to protect family assets: (10:23)
Using an FMC or FLLC to promote family entrepreneurship: (12:10)
How to form an FMC or FLLC: (13:42)
Recap: (14:06)

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).