Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Ask These Smart Tax Questions

9 Aug 2024 · 1 min

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A short conversational excerpt from the YouTube video 'Ask These Smart Tax Questions' in which Richard Canfield emphasizes asking specific questions to reach the right person and move through complexity. The other speaker warns that social media amplifies both good and bad information, contrasts professional (designated) advisors with amateurs sharing advice online (e.g., "I've got to set up a trust this way"), and stresses that consumers should focus on their objective when choosing information sources.

Chapters

What questions should you be asking to get into the specifics that you need with the right person to be able to move through the forest?
Social media is an amplified tool. Amplification tool is either amplification of good information or amplification of bad information. And what I just wanted to even add is we talk about professionals all the time, so the assumption is someone with a designation. However, what about someone who is sharing information on social media? I've got to set up a trust this way. I've got to do things that way. So I'm just going to categorize that as amateur. So if you want to get your sources of information from amateurs, by all means, go do it. The key thing is what is the objective you are trying to accomplish.