The Family vs. the State: Think 100 Years Ahead | Tom Woods Show #2797
From TomWoodsTV · 42:23
Show by Tom Woods
Mikkel Thorup, the world's most sought-after expat expert, discusses what almost no American thinks about: building an intentional family legacy to last generations. The state may undermine the family, but you can make something great out of yours. In Episode 2797 of The Family vs. the State: Think 100 Years Ahead | Tom Woods Show #2797, Tom Woods welcomes back Mikkel Thorup for a conversation that goes far beyond Plan B residencies and second passports. Mikkel explains how his decade of work on offshore structuring in Panama and Nevis evolved into family governance — family offices, family trusts and foundations, investment policy statements, family constitutions, and mission statements that teach the next generation how to steward wealth instead of burning through it. You'll hear: Why the family, not the state, is the correct vehicle for wealth and values How the atomic family replaced the multi-generational household — and why to rebuild it Unschooling, sailing, martial arts, and modeling adult behavior at home Why Mikkel hired a full-time Italian chef and Tom has dinner help — to reclaim presence, not luxury Running a 13-14 person household with systems instead of stress The 4+1 model: immigration, tax planning, structuring, investments + lifestyle How a billionaire trains his 17-year-old daughter as his secretary in board meetings Why "die with zero" and leaving everything to charity destroys families Why a stock portfolio with a financial planner is not a legacy, and what creates real connection instead: family businesses, real estate, and crown jewel properties The Family Legacy Mastermind in St. Kitts, November 2-8 Chapters: 00:00 Intro: Mikkel Thorup returns 01:01 Meeting Gregory Treat and building a family office 03:21 Beyond a will: legal structure vs. governance 06:38 Why it matters: the family vs. the state 09:08 Where to start: unschooling and modeling adulthood 10:44 Reclaiming family dinners: hiring a chef to be present 13:51 Peace at home: domestic help done right 15:47 A 14-person household, not a nuclear family 18:29 Systems, respect, and the nanny story 21:45 Mikkel's 4+1 model for private clients 24:07 Lesson from a billionaire: train the next generation early 27:32 Against "die with zero" and leaving it all to charity 29:34 Why a stock portfolio and financial planner isn't a legacy 31:16 Crown jewel properties and emotional capital 33:14 Family Legacy Mastermind in St. Kitts, Nov 2-8 36:00 Plan B: why Latin America for family and freedom 39:42 Free report and wrap-up (Ep. 2797 of the Tom Woods Show) Sponsors: CrowdHealth - https://joincrowdhealth.com code: WOODS for $99 per month for the first 3 months Persist Marketing: https://Persist.Marketing Guest's Free Guide Plan-B Residencies and Instant Citizenships (free download) https://www.expatmoney.com/woods Guest's Event Family Legacy Mastermind https://expatmoney.com/legacy Show notes page: https://tomwoods.com/2797 Other Important Links: https://SupportingListeners.com https://TomSchoolofLife.com https://LibertyClassroom.com https://RonPaulHomeschool.com https://NationalDivorce.com Audio & Video Production & Thumbnails by: Podsworth Media https://podsworth.com Check out the Podsworth App: Use code WOODS50 for 50% off your first order at Podsworth.com to clean up your voice recordings, sound like a pro, and also support the Tom Woods Show! My full Podsworth ad read BEFORE & AFTER processing: https://youtu.be/tIlZWkm8Syk Intro & Outro audio & video by Chris Williams, Chris Beeman, & Robert Pearson of Podsworth Media, 2024.
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