Are you a business owner or partner? If so, you don't want to miss this episode of Absolute Trust Talk! We're exploring all things financial planning for business owners so you can transform your business success into personal wealth. Joining us is Miguel Delgado, Senior Wealth Advisor at Legacy Wealth Management, who specializes in tax minimization, asset protection, and fulfilling personal passions. Together, we'll discuss ways you can maximize your savings, secure your assets, and plan for a successful, stress-free retirement. You can even apply some of these tips to your plan today, so let's get started!

Time-stamped Show Notes:

0:00 Introduction

0:15 Meet our special guest today, Miguel Delgado, Senior Wealth Advisor at Legacy Wealth Management.

1:48 To get things started, Miguel shares why he likes working with business owners.

3:56 When it comes to helping business owners with wealth management, there are some "low-hanging fruits" that can make a big difference, like looking at tax planning, taking advantage of HSAs, and considering upgrading their CPA.

7:32 How your business is registered can also play a role in your wealth management. Learn more in this segment.

8:57 If you have a partner or partners in your business, have you reviewed your legal agreements lately?

10:04 We see it all the time – the business is profitable, but the owner doesn't keep much of the profit for themselves. Miguel shares key insights on why this happens and how to avoid it.

14:27 When financial planning with business owners, the key is understanding goals and objectives. Here's what should be considered.

17:17 Thank you, Miguel, and we can't wait to have you again on our next episode!

Take the Next Step in Your Estate Planning Journey

If this episode resonated with you, we'd love to help you with your own estate planning needs in California. Schedule a complimentary discovery call with our team at Absolute Trust Counsel. During this no-obligation conversation, we'll:

1. Learn about your unique situation and goals
2. Answer questions about our services
3. Determine if we're the right fit to work together

Visit https://absolutetrustcounsel.com/scheduling/ or call 925-943-2740 to schedule your free discovery call today.

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