How to create tax-free wealth while beating up the IRS — legally iStock/Thinkstock

How to create tax-free wealth while beating up the IRS — legally

For ease of understanding the overall plan is explained in four steps Create a Family Limited Partnership (FLIP) Create an Intentionally Defective Trust (IDT) The IDT buys a second-to-die life insurance policy Create a family bank

This article is about a new and unique concept called the Comprehensive Tax Plan (CTP for short.) The concept creates great tax results, while generating a huge amount of cash for your kids and grandchildren. The easiest way to quickly grasp the genius of CTP is by an example.