The Stock-gifting, Tax-shifting Strategy That Allows You To Transfer Assets 100% Tax-free!

(don’t forget to checkout the video of this blog too)

If everybody understood this strategy, the IRS’ revenue would decrease significantly…

But most of us have never even heard of this before.

The good news is that as long as you have a pulse, you can leverage this for your own benefit. 😎

This a great wealth transfer strategy allowing you to gift money to your loved ones (family and even friends), especially now, when they’re much more likely to need it than later!

It’s also a great way to prevent your hard-earned money from unnecessarily ending up in Uncle Sam’s hands.

Here’s an examples & some details so I can outline how this works:

✅ Let’s say you’re funding your children’s’ education at about $30,000 per year

✅ You‘ve decided to sell stock in your investment account to pay for their education (since you’ve seen a lot of appreciation that past few years)

✅ You’re a high income-earning accountant who would otherwise have a stock sale taxed at 20% (the top capital gains rate)

✅ Your kids are broke college students (like most of us were at one point)

⭐️ Well, instead of selling stock and paying taxes at the highest capital gains rates you gift the stock to your kids…

Now when they sell the stock, they pay the taxes at THEIR capital gains rate. .

And with no income, your children are likely in the 0% tax bracket on capital gains.

This means that they can sell that stock and pay absolutely no taxes on the on the proceeds.

So you completely avoid a 20% capital gains tax by simply transferring an asset for sale, rather than selling it yourself.

This means that the ONLY loser in this whole deal, is the IRS…

Which I’m ok with (and I’m sure you are too)!

This scenario could save you at least $6,000 per year for education in this scenario…

Leaving you more money for your own retirement planning & allowing your investment portfolio to continue growing.

This is one of those tax tips that only the wealthy seem to know about.

But it’s available to everybody…

And it’s not just limited to stocks.

You can gift other assets as well in the same manner and shift taxable money into lower (even tax-free) brackets! 👏👏👏

Let’s Chat 💬😎