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The First Generation: Building and Preserving Wealth from Nothing
Paperback
Investing & FinancePersonal Finance
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ISBN13: 9798181564152
Publisher: Independently Published
Published: Jun 14 2026
Pages: 78
Weight: 0.26
Height: 0.16 Width: 6.00 Depth: 9.00
Language: English
Publisher: Independently Published
Published: Jun 14 2026
Pages: 78
Weight: 0.26
Height: 0.16 Width: 6.00 Depth: 9.00
Language: English
Most people are never taught how wealth actually works. They are taught to earn a paycheck - not to build a legacy.
The First Generation is the blueprint that changes that. Written for anyone starting from zero no inheritance, no trust fund, no financial head start - this book delivers a step-by-step system for accumulating, protecting, and transferring wealth across generations. Dillon W. Richardson breaks down every tool and legal structure the wealthy use, in plain language that anyone can act on immediately. Inside, you will discover: How index funds and compound interest can turn modest monthly contributions into seven figures over time - without picking a single stock The exact difference between a Traditional IRA, a Roth IRA, and a 401 (k), and which one is the most powerful vehicle for tax-free generational wealth How real estate leverage, the 1031 Exchange, and the stepped-up basis build and transfer millions in property wealth - legally and tax-efficiently Why the LLC is the first legal structure every wealth builder needs, and how a Family LLC transfers ownership and control to your children while protecting assets from creditorsHow Dynasty Trusts keep wealth intact across multiple generations, shielding assets from estate taxes, divorce settlements, and financial mismanagement The Infinite Banking strategy - how to use whole life insurance as a personal banking system that funds investments while your money compounds uninterrupted
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