3534: [Part 1] Multi-Generational Tax Minimization by Jeremy of Go Curry Cracker on Generational Tax Planning
Optimal Finance Daily - Financial Independence and Money Advice
Optimal Living Daily LLC
4.4 • 41 Ratings
🗓️ 22 April 2026
⏱️ 12 minutes
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| 0:24.1 | This is Optimal Finance Daily. Multigenerational tax minimization, part one, by Jeremy of go |
| 0:30.9 | currycracker.com. We will never have the experience of receiving an inheritance, but Go Curry Cracker Jr. will. |
| 0:40.3 | In my role as fiscal steward, I would like to ensure that he, along with our other beneficiaries, |
| 0:46.2 | receive the largest amount possible after we're done spending as much as we want naturally. |
| 0:51.8 | But Junior only gets what the IRS doesn't take, so I'm taking my tax |
| 0:56.4 | efforts to the next level, multi-generational tax minimization. Much of what I've seen with regards to |
| 1:06.8 | multi-generational tax minimization or wealth preservation is focused on avoiding or minimizing |
| 1:12.9 | the impact of the estate tax, often by companies or persons with a vested interest in selling |
| 1:18.8 | you a trust. |
| 1:20.1 | Hey, little kid, would you like to buy a trust? said the big bad wolf. |
| 1:25.0 | Trusts have their place, but I have a simple and guaranteed solution to avoiding the |
| 1:30.2 | estate tax altogether, and it costs a lot less. Just die with less than $22 million in assets. |
| 1:38.6 | It's so easy, almost anyone can do it. With each adult able to pass about $11 million to their heirs without taxation at the federal |
| 1:48.0 | level, for most of us the estate tax is a non-issue. |
| 1:52.6 | But it's an incredible opportunity to build a family dynasty, the Kennedys, the Rockefellers, |
| 1:58.6 | the Curry Crackers. Even with the estate tax out of the way, there's still a lot to consider. |
| 2:05.2 | Number one, gifting. |
| 2:07.5 | There are pros and cons of providing gifts to your adult children. |
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