Episode

703

The Secret Tax Strategy Billionaires Use (and You Can Too) with Dan Kaminski

What's this episode all about?

Do you want to pay less in taxes and keep more of your hard-earned money? In this episode, Dan Kaminski joins Russ and Joey to discuss a little-known tax strategy used by billionaires to protect their wealth and reduce tax liability. They explore private family foundations, showing how everyday investors can use these tools to create tax savings while contributing to charitable causes. Dan explains how billionaires leverage this strategy to build generational wealth, focusing on preserving and passing down assets while gaining tax advantages. He highlights the key features of establishing a private family foundation and how it can serve as a wealth-building tool beyond traditional investment channels.

Top 3 Things
You’ll Learn

  1. How private family foundations can be used to build and protect generational wealth
  2. The benefits of using a private family foundation compared to donor-advised funds
  3. Practical steps to set up and leverage a private family foundation for tax savings

About

Dan Kaminski

Dan Kaminski established Foundation Launch in 2023 to answer his own question: "How do I start and manage a foundation without being a billionaire?" As the organization's name implies, Dan's sole focus is on establishing and managing private foundations, widely regarded as the gold standard of charitable vehicles. Dan believes that with a foundation, you can increase your impact and define your legacy in a tax-deductible way

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Episode Specific Resources:

  • Connect with Dan Kaminski
    Click Here!
  • Watch the Free 40-Minute Masterclass on the Infinite Banking Concept
    Click Here!

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