The Never-Sell Review
The top 0.5% keep more of what they build and lose less of it to tax. They don’t earn their way there. They hold, borrow and own differently.
Thirty minutes. Private. By application.
01The playbook
Same assets. Same tax code. The difference is what happens when money is needed.
| The earning class | The holding class | |
|---|---|---|
| When cash is needed | Sells, and pays tax on the gain | Holds, and borrows against what it owns |
| How retirement is funded | One source, taxed at whatever rate applies that year | Several sources, drawn in the order that costs least |
| What heirs receive | What is left after the sales | Assets passed on at a stepped-up basis |
| How it is owned | In a personal name | Through entities and trusts built for transfer |
Loan proceeds are not income. Under IRC §1014, inherited assets take a basis equal to their value at death. See ProPublica, “Buy, Borrow, Die” (2021).
02The way out
A business sold. Property sold at a gain. Withdrawals from pre-tax savings, taxed as ordinary income and required from age 73, or 75 for anyone born in 1960 or later.
Florida has no state income tax. Federal tax still takes its share. The question is how much, and whether you chose it.
03The review
Roughly how much of what funds your retirement goes to tax on the way out: a business sale, real estate, investments or pre-tax savings.
What your heirs would owe, when it would be due, and whether there is cash to pay it without selling.
The assets you could hold for life and borrow against instead of selling.
Estimates for planning. Educational only; not tax or legal advice.
04A South Florida story
A Miami football founder dies owning his team and his stadium.
His family sells both. Of a reported $109 million, $43 million goes to estate tax.
An estate held in illiquid assets. A tax due in cash. Heirs divided over control. Each of those is a design question, and each can be answered decades before it is asked.
As reported by Sports Illustrated (2015) and Trust Counsel (2020).
05How it works
A few questions about what you own. Two minutes.
We hold a limited number of reviews each week.
You leave with your three numbers, whether or not we ever speak again.
Designed for owners, professionals and families with $1 million or more beyond their home. Business equity counts.
Thirty minutes. Private. By application.