wealthplanning&management-wealthpreservation

Wealth Planning & Management
Wealth Preservation

Wealth Preservation is looking at issues that a person have when considering to preserve their wealth. Issues such as taxes are discussed here. Either living taxes which are income taxes, property taxes, business or corporate taxes; or death taxes such as estate duties; or even the possibility of exploring tax haven cities or countries where it is better to diversify wealth over to less tax countries or places where the provision of a higher interest rates for bank savings.

Preserving wealth is taking the notion of leakages in our finances and preventing these leakages to affect our wealth. It is not to evade taxes. It is against any law in any country to do that. But it is to ensure that we plugged those leakages and ensure that there are no leakages in our wealth portfolio.

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We adopt The Wheel of Wealth strategy below:

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If you look closely at the diagram on your left, you will find that Wealth Planning & Wealth Management would encompass this theory.

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to understand the 5 driving forces behind the success of handling the 6 wealth issues.

We use the 6 wealth issues from The Wheel Of Wealth in our Wealth Planning & Management exercise. They are: