The most wealthy man's perspective on wealth
Mike Cowart
Informing individuals and couples of the hidden tax in retirement assets, and the opportunity to redirect this liability to their favorite charities.
King Solomon is considered to be the wisest and most wealthy person who lived. We can't calculate the value of his massive estate.
As he reflected on his accumulation of wealth, he said, "I must leave to others everything I have earned, and who can tell whether my successors will be wise or foolish? Yet, they will control everything I have gained by my skill and hard work under the sun. How meaningless!" Ecclesiastes 2:17-18
Solomon's wisdom is applicable today.
Most IRAs are converted to cash within 90 days with no regard to tax consequences.
The majority of estates are depleted within one generation.
How meaningless!