Trilok Gupta’s Post

Did you know trust funds are for more than just passing on money? The answer is: TRUE! While movies may give us one idea, many people aren’t aware of how trusts really work. For example, an estate planning lawyer can help set up a trust to reduce the taxes your estate and heirs will owe. Plus, you get to decide how the money is used—whether it's for education, charity, or other specific purposes. Trusts offer flexibility and control beyond just inheritance! #EstatePlanning #TrustFundFacts #SecureYourLegacy #TaxPlanning #TrustsExplained #FinancialFuture

💰✨ Transform Your Relationship with Money! ✨💰 To achieve financial success, it's crucial to develop a positive association with money. Some people view money as the root of all evil, leading them to spend recklessly until they hit rock bottom. While giving to charities is commendable, don’t forget to take care of yourself first! Others think you need a hefty sum to start investing and saving. The truth is, creating good habits is key! Prioritize paying yourself first, and then decide where to allocate your funds. Remember, money will always find a destination! What money beliefs are holding you back? Share your thoughts in the comments! 💬👇 . . #FinancialFreedom #MoneyMindset #InvestInYourself #PositiveThinking #WealthBuilding #MoneyHabits #PayYourselfFirst #AbundanceMindset #FinancialSuccess #MoneyBeliefs #WealthCreation #Charity #PersonalFinance #MindsetMatters #EmpowerYourself

Many people think charitable giving only involves a cheque, cash, or even credit. What people don't realise is they can gift their financial assets as well. #BeStrongAtEveryStage #FinancialPlanning #TaxMitigation #Finance #LifeInsurance

𝐖𝐡𝐚𝐭 𝐰𝐢𝐥𝐥 𝐌𝐮𝐬𝐤 𝐝𝐨 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐛𝐢𝐥𝐥𝐢𝐨𝐧𝐬 𝐨𝐟 𝐝𝐨𝐥𝐥𝐚𝐫𝐬 𝐡𝐞'𝐬 𝐛𝐞𝐞𝐧 𝐠𝐢𝐯𝐞𝐧? Why have all the billionaires who said they would give away all their wealth, continue to be among the list of richest people in the world when they reportedly "Give away" billions? Taxing the billionaires will force them to spend money in innovation and other projects so that they can hope they can earn more money rather than giving it to the government! #taxation #wealth #billionaires #charity #fundraising

That is correct, however, it is often better to leave money from your estate (your ISAs, money in the bank, property etc) rather than from your pension to a charity because this will reduce your taxable estate. Your pension is already outside of your estate, so it has no benefit on your estate tax. However, you could nominate a charity on second death, or another person to receive your pension if you wish. #Pension #WealthManagement #FinancialPlanner #FinancialPlanning

Bypassing the Capital Gain Tax is healthy for your wealth. Did you know? You can donate shares to a charity of your choice and bypass the capital gain tax. You can take control of your social capital. Let's start today. #BeStrongAtEveryStage #CapitalGains #FinancialPlanning #TaxMitigation #LifeInsurance

Help us, helping others with #moneycoaching, helping those needing #financialeducation and a safe trusted place to talk about their money management and budgeting! www.capireland.ie/donate

What is a will? 📜⁠ ⁠ A will is a legal document that allows you to control what happens to your possessions, money and property after you die. It lets you decide who inherits your house, car, valuables and investments, and even donate to charities. Without a will, the government will decide how to distribute your assets, which may not align with your wishes. ⁠ Ensure your wishes are known. We're here to guide you every step of the way. Contact us at 01603 989 010 to find out more. 🤝🏻⁠ ⁠ Will writing is not regulated by the Financial Conduct Authority. ⁠ #will #estateplanning #secureyourfuture #flintfinance

When it’s time to take your RMD, you have options beyond just spending it. Many retirees choose to reinvest their RMD into a taxable brokerage account, keeping their money working for them. Alternatively, you can use your RMD to fund other goals, like paying off debt, covering living expenses, or donating through a Qualified Charitable Distribution (QCD). Want to explore the best option for your RMD? Let’s review your choices and build a strategy that works for your financial future.

Optimize Tax Efficiency with a Charitable Remainder Unitrust: Identify Gains, Set Up CRUT, Transfer Assets, and Reap the Benefits #OptimizeTaxEfficiency #CharitableRemainderUnitrust #CRUTPlanning #TaxSavings #WealthManagement #CharitableGiving #SmartTaxStrategies #LegacyPlanning #FinancialFreedom #InvestmentGrowth #TaxDeferredGrowth #EstatePlanning #AssetProtection #PhilanthropyAndFinance