Wealthy Way podcast artwork Wealthy Way

How the Elite HIDE THEIR MONEY & Pass Down Generational Wealth

1 h 19 min

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Show notes

Ryan Pineda and Brian Davila sit down with Gene Boykin to break down how wealthy entrepreneurs and investors use trusts, LLCs, and layered legal structures to protect their assets, maintain privacy, and build generational wealth.⁣
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Connect with Gene - ⁣
https://thegogetterfamily.com⁣
https://www.instagram.com/thegogetterfamily_/⁣
https://linktr.ee/thegogetterfamily⁣
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If you'd like my team to run your marketing & sales department to scale your business apply here https://www.pinedapartners.com⁣
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Join our private mastermind for elite business leaders who golf. https://www.mastermind19.com⁣
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Want to be featured on the Wealthy Way Podcast? Apply here https://www.wealthyway.com⁣
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If you want to start your real estate investing business, we'll give you 1:1 coaching, seller leads, software, & everything you need. https://www.wealthyinvestor.com⁣
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Tired of paying so much in taxes every year? We'll give you strategy, tax prep, and accounting all in one place. https://www.taylor-tax.com⁣
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Join free Bible studies and workshops for Christian business leaders. https://www.tentmakers.us⁣
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Chapters:⁣
00:00 - How the Wealthiest Hide Assets⁣
00:35 - Types of Trusts⁣
05:24 - Land Trusts vs LLCs⁣
15:00 - Hiding Assets With Trusts⁣
19:00 - Property Transfers & Taxes⁣
22:00 - Lawsuits & Asset Protection⁣
30:01 - Surprise Lien Derails Sale⁣
31:51 - Asset Segregation⁣
34:30 - Building Generational Wealth⁣
45:03 - Trusts, Control & Divorce⁣
48:00 - Tax-Advantaged Trusts⁣
51:57 - Medicaid, LLCs & Protection⁣
1:00:07 - Public Records & Net Worth⁣
1:05:58 - Trusts, Loans & Collateral⁣
1:09:47 - Gene’s Business Journey⁣
1:15:15 - Trust Storage & Real Estate

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