Tag: Legal Compliance
Advanced Tax Strategies for Californians (Ep. 6)

Advanced Tax Strategies for Californians (Ep. 6)

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Do you know the secrets to flourishing financially in California’s complex economy?

Join us for the latest episode of California Wealth Warriors as host Ray Olmo, a devout advocate for wealth preservation, takes you on a deep dive into effective wealth management strategies for business owners and high-net-worth individuals in California.

Joined by tax professional Tom Barber, Ray explores a range of crucial topics – from innovative asset protection and estate planning to cutting-edge tax strategies. Their conversation brings to light real success stories and case studies, proving California’s enduring status as a hub for business and investment.

Key Highlights:

  • Unlocking California’s Wealth Opportunities: Learn how California’s challenging tax and legal environment is filled with hidden opportunities for wealth growth and preservation
  • Advanced Tax Strategies: Gain essential insights on complex tax planning techniques vital for wealth retention among California’s affluent
  • California PRPI and Trusts: Dive into the effectiveness of trust structures and the California Private Retirement Plan (PRP) in the unique Californian market
  • Diverse Income Tax Mitigation: Discover tailored tax mitigation strategies for various income types that can significantly reduce tax liabilities
  • Proactive Capital Gains Tax Planning: Uncover the importance of proactive capital gains tax planning, a critical element in business transactions for maximizing tax savings
  • Customized Financial Planning: Realize the limitations of one-size-fits-all solutions and the need for personalized financial planning
  • And much more!

 

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Connect with Thomas Barber:

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Advanced Retirement Planning for Californians (Ep. 5)

Advanced Retirement Planning for Californians (Ep. 5)

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What do California’s wealthy know about retirement planning that you don’t? 

Ready to find out?

Dive into the specialized world of retirement planning for California’s high net worth individuals and business owners in this episode of the California Wealth Warriors Podcast. Host Ray Olmo is joined by Phil Koehler, a seasoned professional in retirement plans and employee benefits, for an essential discussion that’s a must for anyone managing wealth in California.

Key Highlights:

  • Empowering California’s Entrepreneurs: Explore Ray Olmo’s passionate journey to empower Californian entrepreneurs and small business owners, uncovering unique strategies to navigate the state’s distinct business landscape
  • Phil Koehler’s Holistic Wisdom: Dive into Phil Koehler’s extensive experience in retirement planning and discover his comprehensive approach to weaving retirement plans into broader financial strategies
  • Redefining Retirement for High Earners: Venture beyond traditional 401(k) plans with our experts. Uncover how tailored retirement strategies can better serve California’s high earners and business owners
  • Confronting Industry Oversights: Engage in a thought-provoking discussion about the financial industry’s blind spots, particularly how they fail to meet the unique needs of business owners, underscoring the urgency for customized financial guidance
  • Decoding Non-Qualified Retirement Plans: Gain insights into the complex world of non-qualified retirement plans, their benefits for high earners, and the critical understanding of their limitations and risks
  • CPRP: A Financial Fortress: Discover how the California Private Retirement Plan (CPRP) emerges as a critical tool for asset protection, especially during economic uncertainties
  • Synergizing Retirement Strategies: Learn the art of integrating various retirement plans to meet the specific needs of high net worth individuals, a strategy essential for sophisticated wealth management
  • Crafting a Secure Retirement Blueprint: The episode concludes with Ray and Phil distilling their combined expertise into vital strategies for a secure, personalized retirement, tailored to individual risks and aspirations
  • And much more!

 

Connect with Ray Olmo: 

Connect with Phil Koehler: 

 

About Phil Koehler:

Phil Koehler brings a wealth of knowledge in retirement plans and employee benefits, backed by his legal expertise and experience in law and accounting firms. He specializes in comprehensive financial planning and asset protection strategies, focusing on the unique needs of California’s high earners and business owners.

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Advanced Asset Protection Planning for Californians (Ep. 4)

Advanced Asset Protection Planning for Californians (Ep. 4)

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Want to learn how top investors in California keep and increase their wealth? 

Tune into the California Wealth Warriors Podcast with host Ray Olmo and asset protection maestro Jeffrey Verdon. They’re ready to share key strategies and resources for managing wealth in California. This episode is perfect for anyone in California looking to safeguard their money and grow it wisely.

Key Highlights:

  • Asset Protection Odyssey: Discover Ray and Jeff’s journey in asset protection, highlighting their dedicated mission to secure Californian assets
  • The Role of Private Retirement Plans: Dive into how California’s Private Retirement Plans play a vital part in asset protection, and understand their limitations
  • The Evolution of Asset Protection: Trace the historical development of asset protection and its ethical application in modern estate planning.
  • Advanced Strategies in California: Dive into the complexities of Californian asset protection, discussing the importance of early planning and legal compliance
  • Asset Protection Trusts Explained: Learn the differences between domestic and foreign trusts and how they can strategically secure your retirement funds
  • A Spectrum of Asset Protection Tactics: Analyze key strategies like California PRPs, Domestic Trusts, Offshore Planning, and using Lifetime Exemptions for estate planning
  • Essential Advice for Californians: Gain insights from Jeff on the critical role of asset protection in your financial strategy, including a unique “lawsuit exposure and stress test”
  • And much more!

 

Connect with Ray Olmo: 

Connect with Jeffrey Verdon: 

 

About Jeffrey Verdon:

Jeffrey Verdon is a Partner of Falcon Rappaport & Berkman LLP, formerly the Managing Partner of the Jeffrey M. Verdon Law Group, LLP. He has been practicing law in the areas of taxation and comprehensive estate planning since receiving his Masters of Law (LL.M. Taxation) from Boston University in 1979.

Mr. Verdon was named by Goldline Research as one of the “Top 10 Most Dependable Lawyers of California for 2008.” He specializes in estate, trust and income tax planning, and asset and lifestyle protection planning for high-net worth clients across the United States.

Mr. Verdon was a Fellow and Senator of the distinguished Isle of Man-basedOffshore Institute, a professional body that is dedicated to the education and training of competent practitioners in offshore and international finance and tax planning, and to improving the professional standards of those who dispense professional advice in this field. He is also one of the founding members of one of the earliest and most distinguished publications on comprehensive estate planning, Jacob’s Report on Asset Protection Strategies.

In addition to his practice, Mr. Verdon is a highly sought-after speaker in the areas of taxation and estate planning. He regularly lectures aboard luxury cruise ships, and at top Investment Conferences Internationally.

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Entity Tax Planning for California Businesses (Ep. 3)

Entity Tax Planning for California Businesses (Ep. 3)

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How do you protect and grow your wealth in California? 

Ray Olmo, the voice of the California Wealth Warrior Podcast, teams up with tax expert Ed Cotney from Olympus Tax to unveil the secrets of wealth management in California. Together they dive into the intricate relationship between business entities, trusts, and effective tax planning, offering a wealth of knowledge for those within or aspiring to join the ranks of California’s financially savvy.

Key Highlights:

  • Trusts and Business Entities Combined: Discover how the California Private Retirement Plan Trust and smart use of corporations and LLCs can safeguard your assets and provide significant tax benefits
  • Mastering Business Growth Challenges: Ed Cotney brings to light the complex tax realities in California, emphasizing advanced financial strategies crucial for business expansion and success
  • Wealth Maximization Tactics: Learn how high-income business owners can benefit from C corporations for optimal tax planning and wealth preservation
  • Steering Clear of Legal Traps in Business Structure: Understand the importance of accurate business entity structuring and explore the Management Services Organization (MSO) for robust legal protection and compliance
  • Securing a Legacy: Explore key strategies in estate planning and structuring businesses for effective generational wealth transfer
  • And much more!

 

Connect with Ray Olmo: 

Connect with Edward Cotney: 

About Edward Cotney:

Edward Cotney is the founder and principal at Olympus Tax, Business and Insurance Solutions, Inc. and author of Tax Secrets Made Simple. He hails from Alabama (Roll Tide), earned degrees in Physiology and Aviation Management and served active duty in the US Air Force for twenty years before retiring in 1998 in Northern California. 

Ed graduated from the prestigious Professional Mentoring Program in Franklin, Indiana, where he became a Family Wealth Counselor in 2000.  Working as a strategy and tax designer, he applied this practical knowledge to helping families implement advanced strategies to significantly reduce taxes, increase income and make a difference in the world.  He also completed the Business Enterprise Institute program to become a Certified Exit Planner.

Lauded for making the complex simple to understand, Ed is well known for providing continuing education classes to professional advisors across the nation. Some of those lectures can be found on YouTube. Ed is a popular speaker and participates in radio programs on the topic of Maximum Tax Control. Ed and his wife Laura reside in Northern California. Laura is an elementary school principal, and they have two grown children. Ed and Laura enjoy water and snow skiing, camping, flying, parachuting and losing golf balls.

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