Breaking the Chain: Why Paymaster and Escrow Services Are Privacy’s Best Friend
In a world where financial transactions leave digital footprints as glaring as neon signs, maintaining privacy can feel like a herculean task. For high-net-worth individuals, businesses, or entities managing sensitive transactions, the ability to protect the parties involved while ensuring the integrity of the deal is paramount. Enter paymaster and escrow services, the unsung heroes […]
The Social Security Illusion: Why Depending on It Could Be Your Biggest Financial Mistake
For decades, Social Security has been touted as the safety net for retirees—a promise that you’ll be taken care of after decades of hard work. But let’s face it: in 2024, that promise is looking a lot more like an IOU written in pencil. For high-net-worth individuals and savvy planners alike, relying on Social Security […]
The 100-Year Plan: How Dynasty Trusts Shield Your Family Wealth from Taxes and Time
Every family dreams of building a legacy that lasts, but the real challenge lies in preserving it. Without careful planning, wealth is devoured by taxes, divided by heirs, or simply eroded over time. Enter the dynasty trust—a financial and legal marvel designed to endure for generations. It’s not just a plan; it’s a strategy that […]
From Nations to Individuals: Sovereign Wealth Fund Strategies for Building Personal Empires
The concept of a sovereign wealth fund (SWF) sounds lofty, almost untouchable—something reserved for nations managing oil revenues or state pensions. But dig a little deeper, and you’ll find that the ultra-rich have been using the same principles to preserve and grow their wealth for generations. For high-net-worth individuals in high-stakes industries like tech, crypto, […]
Philanthropy Meets Strategy: Using Nonprofits to Lower Your Tax Bill and Build a Legacy
Philanthropy and strategy are not mutually exclusive. The ultra-wealthy have long understood that giving back doesn’t just feel good—it’s also a sophisticated tool for reducing tax burdens and building a lasting legacy. By leveraging nonprofit structures, you can align your altruistic ambitions with sound financial planning. Think of it as the financial world’s version of […]
Protect Your Privacy: How to Get an EIN Without Using Your Social Security Number
In an age where privacy is a luxury, protecting your personal information—especially your Social Security Number (SSN)—is critical. When setting up a business or trust, obtaining an Employer Identification Number (EIN) is necessary for tax and banking purposes. But here’s the catch: many think you must use your SSN to get one. The truth? There […]
How to Legally Pay Less in Taxes (Without the IRS Knocking at Your Door)
Tax season tends to elicit a collective groan from everyone except, perhaps, the ultra-wealthy. You see, they’ve mastered a subtle art: paying less in taxes legally, without so much as a raised eyebrow from the IRS. The wealthiest families in America —they all play the tax game by the book. The trick? They use strategies […]
Untouchable Wealth: The Private Trusts the Ultra-Rich Use to Stay Bulletproof
The ultra-rich don’t just grow their wealth—they fortress it. At the heart of this financial invincibility lies a powerful, timeless tool: the private trust. While the average person might think of trusts as simple estate planning tools, the ultra-wealthy understand that the private trust, steeped in centuries of common law tradition, is a shield that […]
The 401(k) Myth: Why This Retirement Staple Could Be Costing You Millions
For decades, the 401(k) has been marketed as the cornerstone of retirement planning, but beneath the surface lies a system riddled with limitations. Between high fees, limited investment options, and tax inefficiencies, this “staple” may not be as secure as it seems. Fortunately, there are private market strategies that high-net-worth individuals can leverage to build […]
Sovereign Wealth Secrets: How to Manage Your Fortune Like the World’s Richest Nations
Sovereign wealth funds (SWFs) are the pinnacle of financial discipline and strategic investment. These funds, managed by nations to preserve and grow wealth across generations, offer powerful lessons for high-net-worth families. At TMW Advisory, we believe these principles can be applied to your family’s portfolio to achieve sustainable growth and preserve your legacy. Here’s how […]