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 >>

Episode 15: How To Realize Tax Savings From Your Personal Lifestyle

March 22, 2019

Wouldn’t it be nice if all of our lifestyle spending was tax deductible? Well, there are ways to coordinate personal lifestyle planning strategies with solid tax planning to save you thousands of dollars per year in taxes. There is however… Read Now >>


How to Use Your Personal Lifestyle for Business Tax Savings

March 20, 2019

Being self-employed has its advantages, especially when it comes to tax planning. There are numerous tax and retirement planning strategies you can employ by integrating certain aspects of your personal lifestyle into your business finances. First, a quick disclaimer. It… Read Now >>


Episode 14: How Warren Buffett Has A Lower Tax Rate Than You

March 18, 2019

Building wealth isn’t about how much money you make, it’s about how much money you keep. One of the biggest factors in how much you get to keep is directly related to how much of your income goes to taxes.… Read Now >>


Episode 13: The Value Of Changing Your Mindset Around Taxes

March 18, 2019

You may not realize this but taxes are likely your single biggest expense when you add them all up – Federal Income Tax, State Income Tax, Payroll Tax, Corporate Tax, Sales Tax, Property Tax, and the list goes on. But… Read Now >>


Episode 12: 2 Vital Numbers That Make or Break Your Early Financial Independence

March 18, 2019

Financial Independence Planning is comprised of many financial details and assumptions about the future. Many financial advisers seek to add unnecessary granularity in hopes of delivering their clients a magic retirement number. On this episode, we discuss the two essential… Read Now >>


Episode 11: How Much Does Financial Independence Cost?

March 18, 2019

Over the past few episodes we have been addressing some of the most critical questions that you need to answer in order to create financial freedom. On today’s episode we address the question of “How Much Money Do I Need… Read Now >>


What is a Tax Advantaged Qualified Opportunity Fund?

March 13, 2019

Most financial experts call them Qualified Opportunity Funds (QOFs). They are also known as Opportunity Zones. Whatever you want to call them, there’s a good reason “opportunity” is always in the title. These new investment funds are one component of… Read Now >>


Wise Tax Strategies to Speed Up Your Financial Independence

March 6, 2019

7 tax tips that will help you achieve financial independence and early retirement. February was FIRE (financial independence, retire early) month here on the Illumination Wealth blog. In March, we want to shift our focus to tax planning because it’s… Read Now >>


Client Case Study: Making Early Retirement Dreams Come True

February 27, 2019

The story of one client’s journey to financial independence thanks to advisement and planning from Illumination Wealth. From time to time on the Illumination Wealth Blog, we want to highlight some of our clients’ success stories as they strive for… Read Now >>


The Challenges of Financial Independence and Early Retirement

February 20, 2019

The road to early financial independence can be demanding, yet rewarding. It’s important to understand the obstacles you will face on your FIRE journey. At Illumination Wealth, we’ve been excited to talk about the February FIRE movement (Financial Independence, Retire… Read Now >>