The “Buy, Borrow, Die” Strategy: How the Wealthy Build Fortunes While Minimizing Taxes

The ultra-wealthy often pay surprisingly little in taxes, and one of the most talked-about reasons is a strategy known as “Buy, Borrow, Die.” While the name sounds dramatic, the concept is actually straightforward. At its core, it’s a three-step wealth-building approach that uses appreciating assets, tax laws, and borrowing to preserve and grow wealth across generations.   What Is the Buy, Borrow, Die Strategy? The strategy revolves around three simple actions: Buy appreciating assets Borrow against those assets Pass them on at death...