How to Protect your Wealth from Financial Predators


Key Takeaways

  • Research shows that wealth protection (including protection from financial predators) is one of the five biggest concerns of successful investors.
  • Trust documents ensure that your assets are properly transferred to your children, grandchildren or other loved ones—and shielded from financial predators.
  • A secure home is even more important to stopping identity theft than a secure computer.

Wealth Enhancements Through Tax Mitigation


Key Takeaways

  • The vast majority of successful investors (84%) worry about reducing their taxes.
  • Just like compound interest, all the little tax savings things you can do will really add up over time.
  • Wealth managers work proactively to make sure you’re paying your fair share of taxes.

Should Your Tax Advisor be a Historian or a Futurist?


Be proactive, rather than reactive, about your tax situation.

Key Takeaways

  • Experts have long argued that there are two tax systems in the U.S.—one for the informed and one for the uninformed. In which group would you prefer to be?
  • Tax mitigation ranks as the second highest financial priority for most Americans—only wealth protection ranks higher.
  • Soon after April 15 is a good time to start talking with your accountant and other advisors about tax mitigation strategies for 2014 and beyond. Don’t wait till year-end.

Luck Favors the Prepared Mind


Create your own luck. Put yourself in a position to take advantage of big opportunities.

Key Takeaways

  • Radio legend Paul Harvey once said that luck occurs “when chance meets opportunity.” Louis Pasteur believed chance favors a prepared mind.
  • We believe luck favors a prepared mind.
  • There are essentially three elements of luck: preparedness, chance and opportunity.