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WOW Women of Wealth Podcast w/ Tracey Sofra
Tracey Sofra
62 episodes
2 days ago
The Women of Wealth podcast, hosted by Australia's top financial advisor for women, Tracey Sofra, empowers you to take control of your financial life. Through proven strategies and expert guidance, Tracey helps you navigate personal finance, set authentic goals, and simplify your investment strategy. Whether you're a beginner or looking to level up, this podcast is your guide to unlocking financial freedom and abundance. Subscribe now and join the movement of women claiming their power and prosperity like never before.
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Investing
Business
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All content for WOW Women of Wealth Podcast w/ Tracey Sofra is the property of Tracey Sofra and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
The Women of Wealth podcast, hosted by Australia's top financial advisor for women, Tracey Sofra, empowers you to take control of your financial life. Through proven strategies and expert guidance, Tracey helps you navigate personal finance, set authentic goals, and simplify your investment strategy. Whether you're a beginner or looking to level up, this podcast is your guide to unlocking financial freedom and abundance. Subscribe now and join the movement of women claiming their power and prosperity like never before.
Show more...
Investing
Business
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Episode 49: This Estate Planning Tip Could Save Your Family $23,500 in Taxes
WOW Women of Wealth Podcast w/ Tracey Sofra
17 minutes 48 seconds
4 months ago
Episode 49: This Estate Planning Tip Could Save Your Family $23,500 in Taxes

Have you ever wondered what happens to your money when you're gone?


Most people think it's simple…


Everything just goes directly to their loved ones, right?


But here's what most people don't realise...


Without proper planning, your hard-earned wealth could end up in the hands of creditors… 


… get blown by financially irresponsible family members…


… or disappear in unnecessary taxes.


There's a little-known estate planning tool that can prevent all of this from happening.


It's called a testamentary trust.


In my latest episode of the Women of Wealth podcast, I'm breaking down exactly how this works (and why hardly anyone knows about it), including:


  • How one family legally saved $23,500 in tax every single year
  • Why leaving money directly to your kids could be the worst mistake you make
  • The real-life case I'm working on right now with three young girls whose mother protected their inheritance
  • How to shield your legacy from creditors and bankruptcy
  • Why minors get special tax treatment that could save your family thousands


And here's the thing...


I've been advising for over three decades.


During that time…


I’ve found that most people have never even heard of testamentary trusts.


Yet? 


They're one of the most powerful tools for protecting your wealth and your family's future.


Click here to listen now>>>

WOW Women of Wealth Podcast w/ Tracey Sofra
The Women of Wealth podcast, hosted by Australia's top financial advisor for women, Tracey Sofra, empowers you to take control of your financial life. Through proven strategies and expert guidance, Tracey helps you navigate personal finance, set authentic goals, and simplify your investment strategy. Whether you're a beginner or looking to level up, this podcast is your guide to unlocking financial freedom and abundance. Subscribe now and join the movement of women claiming their power and prosperity like never before.