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

Keep Leon Draisaitl’s Millions in His Hands!

26 Sept 2024 · 1 min

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This video advises on financial strategies to help NHL player Leon Draisaitl retain as much of his income as possible. The opening frames the problem: large payments (in US dollars) subject to tax will flow onto other banks' books, and the goal is to keep future cash flows in Leon's (and his family's) control while financing certain expenses.

Chapters

The very first thing that we need to help Leon understand is the problem. Now, this problem is amplified considering the amount of money. So he's paid a dollar, he's paying tax on that, and he's paid in US Funds. And so the very first thing that we need to help Leon understand is that all of his money is going to flow onto the books of someone else's bank. And it just happens to be a few more zeros than the average North American. Recognizing that that's a problem, we need to help Leon solve that problem. We want to keep as much money flow his hands and his future family's hands as possible, and he's also going to finance a few things.