Would you like to learn more about minimizing taxes? Schedule a free consultation here:
We'll break down how some states can hit your heirs with up to 35% tax—even if you don’t live there—just for owning property within their borders.
You’ll also learn how state estate taxes differ from federal ones and why common tactics like gifting during your lifetime may not help in places like Rhode Island.
Whether you're building wealth or planning for the future, this episode offers critical insight into estate planning traps and strategies to avoid them.
🔔 Don't forget to subscribe for more insights on real estate investing and business strategies!
Show Notes:
0:00 - Intro
1:30 - Federal vs. State Estate Tax Explained
3:00 - Why Owning Property in Multiple States is Risky
3:14 - #5 Worst State
7:09 - #4 Worst State
9:11 - #3 Worst State
11:14 - #2 Worst State
13:51 - #1 Worst State
17:45 - How to Avoid These Taxes with Entities & Trusts
18:30 - Final Thoughts
---------------------------------------------------------------------------------------------------------
SUBSCRIBE
~~~~
FREE TAX & ASSET PROTECTION WORKSHOP
Register for an upcoming workshop today if you want to protect your business and personal assets from snoopy lawyers and creditors. Save Your Seat:
TAX TUESDAY LIVE
Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now 👉
Visit Anderson Advisor's website for content, like articles, podcasts, and more that we publish alongside my channel. 👉
~~~~
FOLLOW US:
Instagram:
Facebook:
Twitter:
LinkedIn:
TikTok:
~~~~
CONTACT US
Phone: 800.706.4741
Email: [email protected]
Fax: 702.664.0545
ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at
---------------------------------------------------------------------------------------------------------
WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture.
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#retirement #retirementtaxes #taxtips #estatetaxes
Read More
By: Toby Mathis Esq | Tax Planning & Asset Protection
Title: The 5 Worst States to Live in When You Die – Hidden Taxes They Don’t Tell You About
Sourced From: www.youtube.com/watch?v=z8zyUrbKoIk
-------------------------------
