Enjoy The Journey- The Aureus Financial Podcast

This podcast episode provides valuable insights into effective tax planning and structuring for business owners and wealth accumulators. Ken Raiss, a trusts expert, shares his expertise on using discretionary trusts to minimize taxes, protect assets, and facilitate intergenerational transfer of wealth. He discusses strategies like corporate beneficiaries and emphasizes the importance of expert advice to set up structures tailored to individual needs and goals. Listeners will learn how to maximize wealth growth and avoid common tax mistakes through proper planning. Key Takeaways: ·       Get tax planning right from the start to avoid costly mistakes later. ·       Discretionary trusts can help minimize taxes and protect assets for generations. ·       Trusts offer more flexibility than individual ownership for passing assets to family. ·       Strategies like corporate beneficiaries can help save taxes for business owners. ·       Get expert advice to properly understand and set up tailored trust struc