Business owner planning, representing succession planning

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Succession Planning for Entrepreneurs: The Key Steps to Take

For entrepreneurs and real estate investors, estate planning and business succession planning are not just parallel tracks; they are intricately intertwined. A holistic approach to integrating these plans ensures that both personal and business assets are managed strategically, safeguarding your… Read Now >>

Crypto Security 101: Custodial vs. Self-Custody

March 9, 2022
Hand holding key, crypto custody and security concept

If you read our last Crypto Security 101 article (if not, click here), you should have good password hygiene for your cryptocurrency account(s). Now, you have to make an important decision on where to hold your assets. Do you use… Read Now >>


Crypto Security 101—5 Tips for Better Digital Security

March 2, 2022
Crypto security, digital business concept

Blockchain technology provides some natural security because of its decentralized system. However, no financial data is ever 100% safe online. Security is important when it comes to any cryptocurrency holdings and dealings. As we continue our blog series on Crypto… Read Now >>


Crypto Security 101—3 Key Components of Digital Investing

February 23, 2022
Crypto security concept - digital lock and key

Many investors are exploring the crypto market. It’s an exciting time with different cryptocurrencies and NFTs that present unique investment opportunities. However, it’s important to understand that this asset class is still in an early adoption phase. There are extra… Read Now >>


The Downsides to the 7% Series—Inflation-Indexed Bonds Everyone is Talking About

February 16, 2022
Conceptual image - downsides of investing in inflation-indexed bonds

As inflation continues to grow in the United States, many investors are turning to inflation-indexed bonds. They offer a relatively safe and steady investment gain when other markets are experiencing more dramatic ups and downs. The two primary U.S. inflation-indexed… Read Now >>


A “Project” To Pay For College Tax-Efficiently

February 9, 2022
strategy to pay for college - conceptual graduation cap image

The tax code says, “The term ‘net earnings from self-employment’ means the gross income derived by an individual from any trade or business carried on by such individual . . .” What is Considered a Business? The Supreme Court ruled… Read Now >>


Preparing Yourself Mentally for an Inevitable Market Correction

February 2, 2022
Market correction concept, businessman with binoculars

All financial markets are generally cyclical in nature. There will be ups and downs. There will eventually be market corrections after long periods of certain economic trends. We’ve been fortunate to experience more than a decade of strong stock market… Read Now >>


Protecting Yourself Against Inflation

January 25, 2022
stack of gold coins, inflation investment planning concept

The Social Security Administration announced a 5.9% cost-of-living adjustment (COLA) for benefits in 2022. This represented a major increase after averaging under 2.5% for the past 10 years. We’ve experienced significant economic inflation in the past year and the new… Read Now >>


Is a Self-Directed IRA Right for You?

January 19, 2022
One ball different from rest—self-directed IRA concept

Tax-advantaged retirement accounts such as IRAs or 401(k)s are a great way to save for retirement. You are able to put away money and defer the taxes, which allows these funds to mature over time through strategic investment portfolios.  Limitations… Read Now >>


How to Lease or Buy a Car in Today’s Crazy Automotive Market

January 12, 2022
driving car, tips to buy a car in 2022

It’s no secret that the automotive industry has been experiencing a serious supply chain shortage throughout the pandemic. Auto manufacturers aren’t able to get certain necessary parts like semiconductors and computer chips. In addition, there have been many other production… Read Now >>


Is Your 2022 Financial Plan Ready?

January 6, 2022
2022 financial plan concept

7 Financial Planning Tips for the New Year. Happy New Year from the entire team at Illumination Wealth! Now that 2022 is upon us, it’s time to make sure you have a strong financial plan prepared for this year and… Read Now >>