How to Protect Your Wealth from Biden's Inheritance Tax

In this video Lou Brown and Scott Paton talk about taxes. In previous episodes Lou already touched up on capital gains taxes and the impact it may bring. Now, there is another tax that would probably affect your descendants  for many generations if you do not take action now.   It’s called the Inheritance Tax.   Join Lou Live! Every Wednesday at 1:05PM Eastern and learn the latest on the real estate market today!   References: Joe Biden’s 61 Percent Tax On Wealth:  https://taxfoundation.org/joe-biden-estate-tax-wealth-tax/   Biden Tax Rule Would Rip Billions From Big Fortunes at Death:   https://www.bloomberg.com/news/articles/2021-05-04/biden-tax-rule-would-rip-billions-from-biggest-fortunes-at-death   Timestamps:  0:12 - Introduction - “ What’s Going On in the Real Estate World?” 1:32 - Inheritance Tax - the real thing 3:21 - Joe Biden’s 61 Percent Tax On Wealth 13:00 - The Parentheses States (Outskirts of America) vs. Central States 15:17 - Biden Tax Rule Would Rip Billions From Big Fortunes at Death 21:27 - Knowledge is Power and Money   24:12 - How Can You Protect Your Wealth? 29:01 - https://www.MaximumAssetShield/com/EliteTrust/  Viewer’s comments & questions for Lou 32:22 - Does any of these taxes apply to my estate if I have an Elite Trust? 36:11 - Do you have the seller put their property in a trust then do the closing when I have a buyer or is it all done at the same time at closing? 37:12 -  If I put my house in a Land Trust and I pass away my kids will still have to pay inheritance taxes? 38:20 - Can I place a property into a land trust if it's already in the elite trust? 39:19 - Can I start my business as a trust rather than an llc? 40:22 - Can I still lease option from the elite trust? 42:15 - Is vol 4 & 5 different from the elite trust course? 43:28 -  From my former question about sellers putting their property into a land trust first and I find