Ever wondered how the ultra-wealthy use tax laws to their advantage? Dive into the strategies Multi-Millionaires use to grow and preserve their wealth across generations.

In this episode, John Smallwood explores the critical role of tax planning in business growth, entity selection, and wealth preservation. Discover how choosing the correct business entity can significantly impact your financial outcomes, from minimizing taxation during accumulation to reducing taxes on sale and protecting assets through estate planning.

Learn about multi-generational planning and the importance of specialized advice in structuring your assets. John also delves into strategic asset protection strategies, such as umbrella liability policies and beneficiary trusts, to ensure financial security and long-term success.

Chapters

00:00 - Maximizing business asset value

08:16 - Wealth preservation strategies

19:40 - Protecting assets from lawsuits

Enjoyed the episode? Help us grow by leaving a 5-star review. Stay tuned for more insights from John Smallwood!

----------------------------------------------------------------

➤ ⁠Click Here To Book an Appointment⁠

➤ ⁠Click Here To Join Our Next Webinar⁠

➤ To talk to a Financial Advisor call (800) 797-1000

Connect with Us On Social Media

⁠Instagram⁠ | ⁠Facebook⁠ | ⁠Twitter⁠ | ⁠LinkedIn⁠

This communication is strictly intended for individuals residing in the states of CA, CO, CT, DC, DE, FL, GA, IL, LA, MA, ME, NC, NH, NJ, NM, NY, OH, PA, RI, SC, TX, UT, VA. No offers may be made or accepted from any resident outside these states due to various regulations and registration requirements regarding investment products and services. Investments are not FDIC- or NCUA-insured, are not guaranteed by a bank/financial institution, and are subject to risks, including possible loss of the principal invested.

Fixed insurance products and services are offered through Ash Brokerage or Smallwood Associates, Ltd. Fixed annuities are long-term insurance products. Before you purchase, be sure to talk to your financial professional about the annuity's features, benefits, and fees, and whether the annuity is appropriate for you, based on your financial situation and objectives. All guarantees are based on the continued claims-paying ability of the issuing company. Investment Advisory Services are provided by Smallwood Wealth Investment Management, LLC, an SEC-registered investment advisor. Headquartered at 199 Broad Street, Red Bank NJ 07701-2056.

Securities are offered through Purshe Kaplan Sterling Investments, Member FINRA/SIPC. Headquartered at 18 Corporate Woods Blvd., Albany, NY 12211.

Purshe Kaplan Sterling Investments and Smallwood Wealth Investment Management, LLC are not affiliated companies.

NOT FDIC INSURED. NOT BANK GUARANTEED. MAY LOSE VALUE, INCLUDING LOSS OF PRINCIPAL. NOT INSURED BY ANY STATE OR FEDERAL AGENCY.