David H. Perez

When my buddy's grandpa found out he had a year to live, he had a 795 credit score and zero debt He opened $180,000 in 0% credit cards across 5 banks, took his entire family to Italy for three weeks, maxed out the rest on gold coins and gifts, and died owing Chase and Amex every penny His family paid back $0.00 Most Americans think if you die with credit card debt, the bank comes after your kids and takes their inheritance Go read the actual law in all 50 states: Unsecured credit card debt belongs strictly to the person who signed the application. Your children and your family have zero legal obligation to pay a single cent of your credit card bill out of their own pocket when you die Here is how his grandpa set the whole thing up in one afternoon before he ever swiped the cards: 1. He put his house on a Transfer-on-Death (TOD) deed to his daughter 2. He made sure his bank accounts, 401(k), and life insurance had named beneficiaries (Payable-on-Death) Under state and federal probate law, any asset with a named beneficiary or a Transfer-on-Death deed bypasses your estate completely the second you pass away. It transfers straight to your family by operation of law When Chase and American Express sent collection letters to his estate six months later, the estate had $0 in it. The house already belonged to his daughter. The life insurance and retirement cash were already in her bank account, 100% untouchable by credit card companies Debt collectors still called his daughter trying to guilt-trip her into making a "good faith payment" because they know if they can trick a grieving relative into paying $50, they can try to hook them. She sent one certified letter stating the estate was insolvent and they legally had to close the file and eat the entire $180,000 loss Meanwhile, millions of 32-year-olds are walking around with a 740 credit score acting like St. Peter is going to check their Experian report at the pearly gates Your credit score is worth $0.00 the day you die While you are alive, a 720+ credit score and an LLC will get you $150,000 to $250,000 at 0% interest for 12 to 18 months across Chase, Amex, US Bank, and Wells Fargo in a single morning so you can buy real estate, businesses, and cash-flowing assets right now Stop saving your credit score for your funeral lmfaooo (if you have a 700+ credit score and want my team to unlock 150K-250K in 0% business funding for you, book a call using the link in my bio)

The IRS can tax your paycheck, your side hustle, your stocks, your crypto, and your house when you die There is only one kind of money in America the IRS is legally banned from taxing: Money you borrowed from a bank Sit down and look at what it actually takes to put $200,000 of spendable cash into your bank account the way school taught you: If you go earn an extra $200,000 at your job or in your business, the federal government takes up to 37%, your state takes another 5% to 13%, and self-employment or payroll taxes take another slice. To keep $200,000 in cash after the IRS finishes with you, you have to go earn roughly $330,000 and hand $130,000 to Washington Now look at what happens when a guy with a 720 credit score pulls $200,000 at 0% interest across five business credit cards from Chase, Amex, and US Bank: 1. The $200,000 hits his LLC account. Under the Internal Revenue Code, borrowed principal is debt. Your tax bill on receiving $200,000 of bank money is $0.00 2. Because those cards carry a 0% promotional APR for 12 to 18 months, his interest cost to the bank is $0.00 3. Here is the part that makes accountants grin: when he takes that $200,000 of untaxed bank money and spends it on business equipment, inventory, vehicles over 6,000 lbs, marketing, or contractors, the IRS lets him DEDUCT the entire $200,000 as a business expense, even though he bought all of it with the bank's credit card and hasn't paid the bank back yet Read that mechanic twice The IRS does not tax the $200,000 when the bank gives it to you, AND the IRS lets you write off the $200,000 when you spend it, wiping out up to $74,000 of taxes you would have owed on your regular income Then the asset you bought with the bank's $200,000 generates cash flow all year and pays the credit cards back to $0 before month 12 Normal people work 3,000 hours, pay 40% tax, and try to grow with the scraps left over. Rich people borrow at 0%, deduct the purchase on day one, let the asset pay off the bank, and keep the tax savings If you have a 700+ credit score and want my team to get you 150K-250K in 0% business credit, book a call using the link in my bio