Wealth Management Report - Living Your Dreams
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The "Hire Your Kid" Rule: Pay Your Child $15,000 From the Family Business and Neither of You Owes the IRS a Dime

The "Hire Your Kid" Rule: Pay Your Child $15,000 From the Family Business and Neither of You Owes the IRS a Dime | Wealth Management Report - Living Your Dreams | Scoop.it
If you run a family business as a sole proprietorship or a spouse-only partnership, the tax code lets you move up to $16,100 onto your minor child’s W-2 in 2026 and legally strip every dollar of federal income tax and payroll tax off the top.
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Wealth Management Report - Living Your Dreams
The #1 UHNW Finance and Wealth Management Newswire
Curated by Enzo Calamo
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6 Signs You Will Not Keep the Next Money That Comes In

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7 Biblical Money Secrets That Break Debt Fast (Biblically Proven!)

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9 Wealth Laws God Uses to Make You Rich (Biblically Proven!)

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It's IMPOSSIBLE to Stay Broke If You Follow Solomon's 3 Morning Habits

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6 Money Lessons from Joseph Every Christian Ignores (Biblically Proven!)

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Why Jews NEVER Cosign Loans (Proverbs 11:15 Will Shock You)

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How to Build Wealth on a Low Income - Machiavelli 10 Brutal Strategies

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August 25, 10:41 PM
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Think you’re too old to start a business? Science says people in their 40s, 50s, and even 60s have a distinct advantage

Think you’re too old to start a business? Science says people in their 40s, 50s, and even 60s have a distinct advantage | Wealth Management Report - Living Your Dreams | Scoop.it
Especially if your goal is to start a remarkably successful company. [Illustration: Shutterstock] Mark Zuckerberg was 19 when he started Facebook. Bill Gates was 21 when he started Microsoft; co-founder Paul Allen was 23. Steve Jobs was 21 when he co-founded Apple; co-founder Steve Wozniak was 26. Amazon’s Jeff Bezos and Nvidia’s Jensen Huang were 30. Yet they’re the exceptions, not the rule. A study published by the National Bureau of Economic Research found the average age of entrepreneurs who
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August 25, 10:41 PM
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The case for (and against) mandatory retirement

The case for (and against) mandatory retirement | Wealth Management Report - Living Your Dreams | Scoop.it
Certain roles—including some in the C-suite—have strict age caps. Is this a good thing that promotes workplace safety and productivity? Or is it ageist?
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August 25, 10:38 PM
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Retirement Is Dead

Retirement Is Dead | Wealth Management Report - Living Your Dreams | Scoop.it
My generation spent decades working toward our golden years. But wage stagnation, inflation and sheer bad luck have left us toiling into old age. Will Gen Xers ever get to call it quits?
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August 25, 8:38 PM
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Principles for Making Money - Machaivelli

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August 25, 12:46 PM
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20% Student Asset Assessment Trap: Use Grandparent 529s to Protect College Aid

20% Student Asset Assessment Trap: Use Grandparent 529s to Protect College Aid | Wealth Management Report - Living Your Dreams | Scoop.it
The FAFSA collects income and asset information that affects your child’s eligibility for grants and scholarships. Here’s what you need to know.
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August 25, 12:46 PM
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33% Jump in “Boomerang Kids” — Why Written Rent Contracts Protect Your Nest Egg

33% Jump in “Boomerang Kids” — Why Written Rent Contracts Protect Your Nest Egg | Wealth Management Report - Living Your Dreams | Scoop.it
ONE of my favorite online reads is the “Tough Love” column in The Free Press, in which author Abigail Shrier dispenses advice to readers seeking help with a wide range of family-related issues. Recently Abigail replied to a query from a reader signed Darrill. Darrill sought advice on how to eject his 38-year-old son, who has been living in Darrill’s garage apartment for eight years (along with his current girlfriend) and shows no inclination to leave despite having earned two college degrees
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August 25, 12:45 PM
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Forget Deathbed Will Readings — Early Family Conversations Secure Next-Gen Wealth

Forget Deathbed Will Readings — Early Family Conversations Secure Next-Gen Wealth | Wealth Management Report - Living Your Dreams | Scoop.it
The Great Wealth Transfer starts with a conversation. Here’s how to prepare heirs, reduce future conflict and create a lasting legacy.
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August 25, 12:45 PM
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Why 85% of Parents Plan an Inheritance, While 42% of Adult Children Expect Nothing

Why 85% of Parents Plan an Inheritance, While 42% of Adult Children Expect Nothing | Wealth Management Report - Living Your Dreams | Scoop.it
Our exclusive national survey on inheritance reveals how adult children and parents are—and are not—working together to make the most of assets built over a lifetime. DO you plan to leave your children a meaningful inheritance? Do you worry about how inflation and long-term-care costs might affect how much you have to give? Have you talked to your kids about your plans? Or, if you’re the adult child in this equation, have you broached the subject of inheritance with your mom and dad? On the eve
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August 25, 12:45 PM
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The $124T Wealth Transfer: How Open Dialogue Prevents Family Fights and Preserves Assets

The $124T Wealth Transfer: How Open Dialogue Prevents Family Fights and Preserves Assets | Wealth Management Report - Living Your Dreams | Scoop.it
Passing down the wealth you’ve built over a lifetime, with wisdom and grace, is good. Passing on your values along with the money? Even better.
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August 25, 12:44 PM
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From the Editor: A $124T Shift of Wealth Among Generations

From the Editor: A $124T Shift of Wealth Among Generations | Wealth Management Report - Living Your Dreams | Scoop.it
IN our cover story this month, we’ve taken a deep dive into what the Great Wealth Transfer—the estimated $124 trillion of assets that will flow from older generations to heirs and charities through 2048—means for families. While a good chunk of that transfer will come from a small slice of high-net-worth households, those who aren’t among the super-rich are making plans to share their wealth over the coming couple of decades, too. To gather insight into how families are handling this historic
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August 25, 12:39 PM
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You don’t have to be rich to start investing. Here’s a simple way to begin.

You don’t have to be rich to start investing. Here’s a simple way to begin. | Wealth Management Report - Living Your Dreams | Scoop.it
How to start building long-term wealth, even if you don’t have much to start investing
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August 25, 2:22 AM
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The Shocking Cost of Goodness — Machiavelli 8 Hidden Truths

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The Dark Psychology of Wealth | Machiavelli

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August 24, 2:35 AM
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The Retirement Strategy That Could Change Your Financial Future

The Retirement Strategy That Could Change Your Financial Future | Wealth Management Report - Living Your Dreams | Scoop.it
How an annuity and enhanced life insurance policy can replace drawing down from IRAs or 401(k)s.
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August 23, 8:22 PM
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Here's the Truth About How Much You Need to Save If You Want to End Up a Millionaire

Here's the Truth About How Much You Need to Save If You Want to End Up a Millionaire | Wealth Management Report - Living Your Dreams | Scoop.it
A seven-figure nest egg doesn't have to be a pipe dream -- but you need to understand how much to save to make it a reality.
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August 23, 4:07 PM
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99% of People Will Ignore This — That’s Why They Stay Broke

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The Complete Dark Psychology of Wealth — Everything Machiavelli Understood

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The Psychological Reason You Destroy Your Own Financial Progress Every Time - Machiavelli

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Curated by Enzo Calamo
Enzo is the CEO of Lugen Family Office, CEO of Medici Family Office, a best selling author, and a social entrepreneur. Enzo is the most trusted Consigliere to several UHNW families and a sought after speaker.