As you develop your estate plan, it will be essential to take into account the tax consequences of your investment and savings vehicles. Investment grade insurance contracts, indexed universal life insurance, and infinite banking all offer a way for you to invest your money where it will grow tax free, provide a death benefit, and be available when you need it.
Tax upstreaming is a strategy that will allow the elimination or reduction of corporate state income taxes by shifting the profits to states with lower or no income taxes.
Self-directed retirement accounts offer the same advantages of a traditional IRA, but give you the flexibility to invest your money where you want it, rather than being limited to stocks, bonds, and mutual funds.
To maximize your tax savings, you need to consult with someone familiar with the latest tax law, including the recently enacted Trump Tax Plan.