Vital Strategies

057 | How to Manage Big Capital Gain Tax Bills: Brett Swarts Breaks Down Deferred Sales Trusts

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What if you could sell your assets, avoid capital gains tax, and still unlock financial freedom? 

In this episode of The Vital Wealth Strategies Podcast, host Patrick Lonergan dives into the revolutionary strategy of deferred sales trusts with Brett Swarts, a #1 best-selling author of Building a Capital Gains Tax Exit Plan and host of the Built It to Billions Podcast. Brett is an expert in advanced tax-saving strategies that empower entrepreneurs and investors to maximize their wealth, minimize their risk, and maintain flexibility. Patrick and Brett uncover how deferred sales trusts can serve as a powerful alternative to the 1031 Exchange, enabling individuals to diversify their portfolios, eliminate financing risks, and align their wealth with their personal goals. 

Patrick and Brett explore real-world scenarios that show how this strategy can be used for major purchases, building family legacies, and creating financial freedom. By the end of this conversation, you’ll learn how to structure your finances for meaningful impact, stay compliant with IRS guidelines, and decide if this strategy is right for you. Whether you're an entrepreneur, investor, or just someone ready to take control of your financial future, this episode is packed with insights you can’t afford to miss. 

Key Takeaways: 

  • How a deferred sales trust works and why it’s a compelling alternative to the 1031 Exchange. 
    • The financial benefits of earning on the total balance of a sale vs the after-tax balance. 
      • Real-world scenarios demonstrating flexibility, diversification, and risk elimination. 
        • Key considerations: potential downsides, compliance, and aligning strategies with personal goals. 
          • Thinking big picture and shifting focus from ROI (Return on Investment) to prioritizing your "Return on Impact." 

            • Key takeaways: 

            • Why market ups and downs present opportunities, not obstacles. 
              • How to stay focused on long-term goals amidst short-term noise. 
                • Practical steps to make more rational investment decisions. 
                  • Strategies advisors can use to better guide and support their clients. 

                    • Find out more about Brett Swarts:

                    Website

                    Expert Tax Secrets

                    Brett Swarts Book

                    Resources:   

                    Visit www.vitalstrategies.com to download FREE resources     

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                    Credits:    

                    Sponsored by Vital Wealth    

                    Music by Cephas    

                    Audio, video, and show notes produced by Two Tone Creative 

                    Research and copywriting by Victoria O'Brien 

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                    Vital StrategiesBy Patrick Lonergan