Building wealth takes years of disciplined decision-making, investing, and sacrifice. However, accumulating assets is only half the equation. Without protection in place, your wealth is vulnerable to things like lawsuits, divorces, and excessive taxation. That’s why the high-net-worth consider asset protection planning an essential part of their financial planning.

If you’re self-employed and earning a solid income, you’ve probably hit the limits of how much you can stash away in a Roth IRA (Roth allows just $7,500 per year or $8,600 if age 50+). But what if you could move ten times more into Roth dollars without hiring a single employee? That’s exactly what the Mega Backdoor Roth can do for solo business owners.

If you own a business and hire your 16 year old to handle its social media, you might pay her $12k. That is a business deduction, which can save you around $4k in taxes. For more information on hiring your children and its tax benefits, read our article.

Do you know the overlooked tax strategy that could save you tens of thousands of dollars? It’s called Net Unrealized Appreciation, and if you’ve accumulated stock with the company you work for, you should learn about it.

Trust decanting is a way to update an irrevocable trust if the original trust’s terms become outdated. But, that isn’t the only way to update a trust or put safeguards in place to ensure you can. Two other methods to explore are trust protectors and asset substitution powers.

Some people stray away from irrevocable trusts because they’re difficult to change, but trust decanting allows a workaround. And, irrevocable trusts are especially useful for high net worth families hoping to minimize taxes and preserve their wealth.  To learn about trust decanting and whether it may be an option for you, read our article.

If you're an equity-compensated employee, you’ve probably scoured the internet and discovered an endless pit of information on stock option planning: YouTube videos, blogs, articles, Twitter threads, Reddit discussions…the list goes on. But, the best way to learn is through real life examples. That's why our advisor who specializes in RSU and NQSO planning wrote this case study about the plan he developed for one of his clients.

When starting a business, the type of entity you choose affects how you pay taxes and shapes your retirement planning, investment strategies, succession planning, and more. Each has its own advantages and disadvantages, and it’s important to choose the most appropriate based on your situation.

If you were to build a house, you’d start by drawing up blueprints and getting a clear vision of everything from top to bottom before starting. In the same way, you should establish a buy-sell agreement when starting a business.

If you've read one of Nick Murray’s books, you know he recommends an all equity portfolio – even in retirement.

We evaluated how a retiree with an all equity portfolio would have fared over the last 25 years, and compared it to three other portfolio models for three other hypothetical retirees.

One of the biggest challenges our high-net-worth clients face is transferring wealth to future generations without losing some of it to transfer taxes. Downstream gifting can reduce or eliminate these taxes, more efficiently passing down your wealth.

Do you owe significant capital gains taxes and want to lessen that burden? Opportunity Zone investments might offer a solution because they let you reinvest those gains in a tax-advantaged way.

What is one of the most effective ways to preserve wealth, minimize estate taxes, and pass on your legacy to the next generation? Establishing an Irrevocable Life Insurance Trust. To learn why, read our blog

What’s the one thing companies don’t want you to know when you sign your offer letter and start a new job?

The ins and outs of equity compensation, aka RSUs and stock options.

After years of building your business, you’re ready to pass the torch by selling it. Will an asset sale or a stock sale yield a better outcome for you?

Annuities have long stood out as a popular financial instrument because of the reliable income streams they create. What most people don’t realize is that they can be strategically designed to achieve outcomes beyond guaranteed income.

Diversification is the first step in creating a smart investment portfolio. But what happens when market volatility shakes things up and diversification isn’t cutting it? That’s why portfolio hedging exists, as a sort of insurance in investments.

Getting laid off always stings. Sure, you have a high net worth – but you might not have enough liquid cash to pay your mortgage, or your kid’s tuition, or those flights to Europe for your family vacation.

Enter the 72(t) rule. It’s a provision of the Internal Revenue Code that lets you take early withdrawals from your IRA without the normal 10% penalty.

You’re probably hoping to preserve and pass down your wealth so your future generations can enjoy it. But what about estate taxes? For the high-net-worth, this can feel like a burden. Luckily, there are proactive steps. To learn more, read this article.

Between a Coverdell vs. 529, which grows money faster? Investment outcomes are never guaranteed, but if you're choosing between a Coverdell vs. 529, read to learn the advantages of each.