Do You Know How to Stay Wealthy?
Most wealthy people work tirelessly to obtain their wealth and then continue to practice the same principles to maintain that wealth. However, achieving wealth and maintaining wealth over the long haul are two entirely different things. Therefore, it’s important to have the right advance plan in place if you wish to hold onto the wealth that you’ve worked so hard to obtain.
So what kinds of measures should you take to keep your wealth? The simple answer is that it takes some careful planning ahead. Advance planning often takes the skilled help of an experienced accounting and wealth management firm. That’s because in order to effectively hold onto your wealth you need to utilize every necessary and legal measure it takes, including tax planning and financial planning.
There are three major components to effectively protecting your wealth. They include asset protection planning, wealth enhancement and estate planning. All three of these factors are important elements to advance planning and protecting your wealth. Asset protection planning means you take the necessary steps and planning to protect your wealth from being taken. Wealth enhancement consists of effectively planning and strategizing in order to keep your taxes to a minimum, and thus keeping more of your wealth to yourself.
Finally, estate planning is using legal measures to ensure that your assets and your loved ones are taken care of after you die. At GROCO, we can assist you with all of these kinds of advance planning tactics. Click here to learn more or give us a call at 1-877-CPA-2006.
How the Internet Became Commercial: Patterns in the Deployment of Technology | Shane Greenstein
About Shane Greenstein Shane Greenstein is a Professor of Business Administration at the Harvard School of Business and is the MBA Class of 1957 Professor of Business Administration. Professor Greenstein is also co-director of the program on the economics of digitization at The National Bureau of Economic Research. Professor Greenstein is the author of…
Approaching Star Trek Like Medical Technology | Joseph Deluca
Approaching Star Trek Like Medical Technology | Joseph Deluca This is just a short excerpt from the original interview, found “Here“. It contains over 23-minutes of interview along with a full transcript. We hope you enjoyed this excerpt form the interview of Joseph Deluca “Approaching Star Tek Like Medical Technology”. To receive our free newsletter,…
The Future of Healthcare | Joseph Deluca
About Joe DeLuca Joe has 30+ years of management, research, and advisory experience in health care, with a focus on enterprise performance management and affecting change through IT strategy and services. As Managing Practice Director, Joe provides advisory, project management, and leadership development services to health systems, hospitals, academic medical centers and independent physician…
Tad Taube – Advice to the Young Generation
About Tad Taube Bay Area businessman Tad Taube is the chairman of Taube Philanthropies and board president emeritus of the Koret Foundation in San Francisco. He is chairman and founder of the Woodmont Companies, a diversified real estate investment and management organization. At his alma mater, Stanford University, Mr. Taube is founder and advisory…