ASSET FORTIFICATION
Until structures are in place to protect wealth, it’s pointless to consider creating it. This would be like storing expensive wine in leaky barrels. Wealth leaks away when you pay more tax than you should, lose income through sickness or injury, or lose assets through unforeseen events.

Wealth erosion continues later in life if you fail to equalise spouse retirement earnings. Or receive superannuation, inheritance or proceeds of an asset sale tax-ineffectively. Asset fortification is not something you do when you hope to grow wealthy. It’s what you do when you plan to grow wealthy..

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