We know that the majority of people in today’s society have no clue about how to build true long-lasting wealth. Then you have wealth management firms that only work with the mega-wealthy that have $100 million or more in assets. We are here to drastically change how people build their own wealth and legacy by helping as many people as we can. We are giving every business owner a fighting chance to learn what the wealthy do and get the results the wealthy get.
‘The Wealthy Understand That Asset Protection Is Not Just About Avoiding Losses, But About Preserving Their Wealth For Future Generations”
There is nothing worse than working your butt off to acquire assets all then have the world crash down on you and you lose your assets to a divorce, creditors or a lawsuit. Let’s face it those stats above are not good and in today’s society it’s more important now than ever to protect what you have. Asset protection is the #1 thing the wealthy actually do which typically always includes Family Estate Planning. They protect what they own, then begin utilizing the other wealth strategies to grow and expand their wealth all while protecting their current and new assets. The last thing anyone wants is to lose everything they have worked hard to obtain. Here at OWM and DoWhatTheWealthyDo.com, we will guide you through the best ways of protecting your assets while drastically reducing if not eliminating all your risk and taxation..
“Tax Planning & Tax Advisory Is The Key To Legally Reducing Your Tax Bill To Nothing While Using Those Same Tax Dollars And Build Your Retirement Along With True Wealth. Its Not About Tax Evasion or Avoiding Any Taxes, But Rather Utilizing The IRS Code At Its Max And Organizing & Maximizing Your Finances In The Most Effective Way Possible To Your Benefit”
Did you know that you can legally pay ZERO dollars to the IRS? Imagine having a $200,000 or $1,000,000 tax bill all to have a large portion of it go back to you instead of the IRS? Well my financial savvy friends that’s exactly the power of Tax Advisory services. In fact every wonder how all the largest companies and most wealthy people in the USA pay little to no taxes? Well they do this. It’s vital to anyone’s success to take advantage of the IRS code and unfortunately, not all Bookkeeping or Accounting/CPA services are created equal. There are many things to take into account with various laws, IRS code changes, economic disasters, payroll, tax credits, and more. So it’s ideal to have a trusted advocate that you can work with monthly/quarterly to go over your tax plan and make sure you’re implementing the strategies to help you pay little in taxes while using those funds you otherwise would have paid the IRS to build out your long term legacy wealth.
“The Wealthy Understand Leverage And That By Having Their Own Legacy Leveraged Wealth Account- (Both Corporate & Personally) It Provides Them The Ability To Take One Dollar And Invest It Multiples Times While Averaging 16%-20% Annual Returns While Remaining Liquid, And Create Additional Streams Of Tax-Free Revenue All While Offering Additional Benefits To Their Employees & Family Members.”
Legacy Wealth Account
This is designed to amplify returns in one of the world’s safest assets which is the #3 thing all billionaires and mega-wealthy families such as the Rockafellers do when a new baby is born in the family. Legacy Wealth Accounts help its owners earn 5-6 figures or more in tax-free revenue in as little as 11 years. It’s our duty to make sure all of our clients utilize this amazing HEDGE as a base in their portfolio no matter what they do for a living. By having a leveraged wealth account in your back pocket that is YOUR WEALTH ACCOUNT, is the safest way to build your retirement as it allows you to earn double-digit returns all without market risk. Finally, a solution where you can marry safety, insurance, growth, flexibility, tax advantages and availability followed by liquidity together in one perfect account. This specific type of account is only offered here at DoWhatTheWealthyDo.com and we are the only ones that offer an amazing tax savings strategy with this that puts dollar for dollar back into your pocket allowing you to use the same dollar multiple times to accelerate your wealth.
"One of the top things the wealthy do is utilize and obtain a Legacy Wealth Account. The reasons being it provides a 100% tax-free retirement, liquidity, and double-digit growth, you can use this with a tax strategy to drastically build wealth by using the same dollar multiple times. Not to mention it’s 100% risk-free, recession-proof, has been through every recession you can think of for the past 160 years and is going strong."
Rolling over your 401k is one of the best things you can actually do. The 401k is an outdated low yield, low growth account that doesn’t get you very far. Not to mention you have ZERO control over where the money goes and you have high penalties to access your funds. There is no surprise that more and more people are considering rolling over their “STUCK” 401k that they have no control over thats gaining a measly 5%-8% per year. Many people are starting to look at rolling them over and we love that idea. Rolling over your 401k is one of the best things you can actually do. The 401k is an outdated low yield, low growth account that doesnt get you very far. Not to mention you have ZERO control over where the money goes and you have high penalties to access your funds. Here at Obsidian Wealth Management we can help you roll your 401k over with little to no penalties while assisting you with placing your funds into our LLFRA above along with several other strategies that will give you rapid accleration into your retirement and family wealth plan.
Real Estate Investing
Many people don’t realize the power of acquiring a business or Real Estate. In many cases buying a piece of cash-flowing real estate that has great cash flow is yet another one of the main ways the wealthy continue to get wealthy. over 87% of the wealthy hold or have made their wealth in Real Estate. Here at DoWhatTheWealthyDo.com, we encourage our clients to do the same. Acquiring assets that bring you tax benefits is ideal. With the ability to cost-seg your property, it can be one that both provides a lot of cash flow but also even greater tax benefits that can roll over for years to come completely wiping out your taxation. Just like the Business Acquisition side, we joint venture partner with our clients who want our help to find, fix, fund and rent out the properties. Understanding what type of rental it is will significantly change the taxation of its income as well.
Many people don’t realize the power of acquiring a business. In many cases buying an existing business that has great cash flow is yet another one of the main ways the wealthy continue to get wealthy. Here at DoWhatTheWealthyDo.com we utilize business acquisitions as a potential asset and tax strategy together depending on the type of business that is being acquired. There are FF&E’s (Furniture, Fixtures and Equipment) that are tax-deductible to a business that is buying another business. Not to mention there are multiple strategies on how to structure the financing in a way to creates a win-win scenario for buyer and seller. We joint venture partner with our clients where we utilize their capital to expend from their business and we find and structure the deal. Then we help put proper management in place to run it with the our client sitting back and collecting checks while paying a whole lot less to the IRS.
"One of the top things the wealthy do is utilize and obtain a Legacy Leverage Life Bank™ structure. The reason is this provides a 100% tax-free retirement or revenue stream, is 100% liquid, and provides double-digit growth. Not to mention it’s 100% risk-free, recession-proof, has been through every recession you can think of for the past 160 years and is going strong."
We understand that having a full-time bookkeeper can be super costly. If you can hire someone worthwhile for $20/hr then you are doing well. So let’s say that Bookkeeper works 40hrs a week, 160hrs a month for a year. That is over $38,400 that you would pay for a full time bookkeeper if you could get a good one for $20 an hour. OR you could outsource it to us where we will keep your books dialed and on top of that do it at a fraction of the cost. Plus we will already have all your information and financials to do tax planning and more which more than pays itself. Also we provide an annual credit back to those to qualify where they can get their annual bookkeeping fees paid back to them again if they qualify.
All the largest companies and most wealthy people in the USA do this. It’s vital to anyone’s success to take advantage of the IRS code and unfortunately, not all Bookkeeping or Accounting/CPA services are created equal. There are many things to take into account with various laws, IRS code changes, economic disasters, payroll, tax credits, and more. So it’s ideal to have a trusted advocate that you can work with quarterly to go over your tax plan and make sure you’re implementing the strategies to help you pay little in taxes. Did you know that it’s much faster to grow your wealth with Acquisitions? Buying out other competitors and other businesses is a far faster way to grow your overall wealth than simply building it from scratch. This is another one of the key secrets the wealthy take and also combines with proper tax planning which is 100% designed to put more money back into your pockets to continue to grow more assets building your legacy.
Did you know that as of Oct 21, 2021 about half of the people (50%) that die do so without having a will in place? That means half of the population out there goes through probate where the state courts have to tally things up and help decide who gets what with that person’s estate.
(Part of Asset Protection)
FAMILY ESTATE PLANNING
Estate Planning is vital to your legacy and family. 67% of living adults in the USA dont have a basic Living Will & Testament let alone a full on Estate Plan. “A Will” that is drafted also known as a legal directive of what will happen to their money, assets, debts, and properties when they are gone, is one of the very small things that can help with organizing an estate but its the most basic thing you can do. But is it the best option? No! There are also things called state and federal estate tax that happens when you must go through probate which is a court ordered process of distributing your assets which also costs your estate or family members. The state and federal tax is taxed on all property, cash, real estate, stocks, and all other asset classes. By having the proper Family Estate Plan, you can make sure that you allow your beneficiaries to avoid probate at all costs, have access to bank accounts all while protecting your assets and having a very clearly defined way to ensure your assets are distributed exactly the way you want (in a Trust which will actually give you some asset protection if its the right kind of trust.) You can even control your assets and funds long after you are gone in a specific Trust just like John D Rockafeller. Click Below to learn more about Asset Protection.
DO YOU WANT TO LEARN THE EXACT STEPS THE WEALTHY TAKE?
If you said YES to the above, then click the button below to Learn the 6 Major Steps the Wealth Take to Establish Long Term Legacy Wealth!