In this episode, hosts Peter and Traci chat with Kevin Waldher, CEO of Wealth Retention Strategies, to explore how his firm helps clients minimize tax exposure, maximize charitable giving, and build customized financial plans. Learn how to assess your current financial position, identify potential risks, and implement strategies to protect and grow your wealth. Whether you’re a business owner or an individual seeking to preserve your assets, this conversation is packed with valuable insights. Visit WealthRetentionStrategies.com to connect with Kevin and learn more about his innovative approach to wealth retention.

IN THIS EPISODE: 

• [4:43] Meet Kevin Waldher: Tax Strategy Expert and Charitable Planning Specialist
• [7:30] Charitable LLC Tax Strategy: An Overview for Business Owners
• [15:15] How the Charitable LLC Strategy Works: Key Steps and Benefits
• [23:51] Compliance Requirements for Charitable LLCs: Staying Within Legal Boundaries
• [30:38] Comparing Charitable LLCs and 1031 Exchanges: Which Is Right for You?

KEY TAKEAWAYS:

• An LLC with charitable intent can help eliminate up to 99% of tax exposure on high-value asset sales while providing a significant charitable deduction.
• This tax strategy allows asset sellers to maintain control of proceeds for up to 90 years while eliminating most capital gains and estate tax liabilities.
• The strategy requires strict compliance measures, including third-party appraisals, annual audits, and proper asset valuation to maintain IRS compliance.
• Compared to 1031 exchanges, this method offers superior tax benefits by eliminating rather than deferring taxes and providing a full depreciable basis on new asset acquisitions.

LINKS MENTIONED:

Wealth Retention Strategies Website

Kevin Waldher - LinkedIn

BIO 

Kevin Waldher has 40 years of real estate development and business experience with over 500 projects under his belt. With that experience he has a high attention to detail on how to properly structure each transaction to mitigate liability while minimizing tax implications. This experience in structuring transactions has put individuals and businesses in the most advantageous tax position, whether that be via utilizing the Charitable LLC, 1031 exchange or conventional sales transactions. He also has owned and managed both Mortgage and Finance companies as well as a successful General Contracting company in Arizona. With this breadth of business experience his passion lies in helping others structure each transaction to dramatically enhance the overall ROI and reducing and/or eliminating the heavy tax burden we all must contend with in this current confiscatory tax environment.