Jet Setting Wealth Advisory

Ever wondered how meticulous asset valuation can impact your tax outcomes? Tune in to discover the secrets behind optimizing wealth transfer and tax compliance with highly regarded tax and estate planning expert, Eric Lanning!

In this episode of Jet Setting Wealth Advisory, host David T. Yu speaks with Eric Lanning, a highly respected counsel at Frost Law with over two decades of experience in taxation of insurance, annuity products, and estate planning. Eric shares invaluable insights into meticulous asset valuation, proactive estate planning, and the importance of tax-efficient setups such as LLCs for effective asset management. He also highlights the versatility of life insurance in tax and estate planning, emphasizing the benefits of tax-free growth and asset protection.

Key Takeaways:

→ Detailed asset documentation and running a business correctly can help navigate tax complexities.

→ Proactive estate planning is crucial to prevent family disputes and ensure smooth wealth transfer.

→ Utilizing tax-efficient structures like LLCs can optimize asset management strategies.

→ Life insurance serves as a versatile tool for tax planning, offering tax-free growth and asset protection.

→ Staying informed about potential tax law changes is essential for effective wealth preservation and asset growth.

More from Eric Lanning and Frost Law:

Contact: eric.lanning@frosttaxlaw.com

Website:

https://floridataxattorney.com/

https://askfrost.com/our-team/eric-lanning

LinkedIn:

https://www.linkedin.com/in/eric-lanning-j-d-ll-m-87ab69a6/

https://www.linkedin.com/company/frostlaw/

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What does it take to navigate the complexities of the aviation industry and emerge successful? Find out how the power of vision, resilience and a commitment to diversity can shape a thriving career in aviation. 

In this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Diana Hernandez, the founder of Login Aviation Services. Diana’s path began during the 2008 financial crisis with an unexpected business opportunity in Florida, igniting a 20-year expedition from managing aircraft component sales to establishing her own thriving company. Her perspective on her journey highlights the importance of seizing opportunities and remaining open to new directions, as evidenced by her pivot from international business to the aviation industry. As an active member of the Fort Lauderdale chapter of Women in Aviation, she is dedicated to promoting diversity and inclusion, using her leadership to inspire and support emerging talent in the aviation field.

Key Takeaways:

→ Diana’s journey from managing aircraft component sales to founding Login Aviation Services showcases her vision, resilience, and passion for aviation.

→ Her dedication to fostering a supportive environment for women in aviation through organizations like Women in Aviation highlights her commitment to diversity and inclusion.

→ Diana’s progression from obtaining a private pilot license to becoming an instrument-rated pilot reflects her deep understanding of the industry, fueled by her background in aircraft maintenance.

→ The challenges of navigating aviation regulations stress the importance of compliance, staying informed about advancements, and networking within the industry.

→ Login Aviation’s expansion into private jet sales demonstrates their adaptability to client needs and market demand, aligning with Diana’s strategic vision and client-focused approach.

More from Diana Hernandez and Login Aviation:

Website: https://www.loginsvc.com/

Twitter: https://twitter.com/loginaviation

LinkedIn: https://www.linkedin.com/company/22340597/admin/feed/posts/

Facebook: https://www.facebook.com/loglnaviation

Instagram: https://www.instagram.com/loginaviation/

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Are you a business owner or an aspiring entrepreneur looking to minimize taxes, grow wealth, and avoid the most common financial pitfalls? This episode is your blueprint for building a profitable and sustainable business—without losing your mind (or your sleep).

In this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Michael Reeder, CPA and Managing Partner of Reeder CPA Group. Michael is a trusted advisor to franchise owners and small business entrepreneurs, known for his deep expertise in strategic tax planning, entity structuring, and creative funding strategies. With over 14 years of experience and a nationwide network of franchise consultants, Michael shares his unconventional path from college wanderer to owning the very firm that hired him out of school. From using cold showers and intermittent fasting to maintain focus to guiding clients through ROBS C-Corp structures and the SBA maze, Michael brings practical insight and infectious energy to every topic.

Key Takeaways:

→ Bookkeeping isn’t just for taxes—it’s the foundation for strategic decision-making.

→ Strategic use of S-Corp elections and self-employed retirement plans can unlock major tax savings.

→ The Robs C Corporation structure offers a way to use retirement funds to launch a business—if used wisely.

→ Successful entrepreneurs prioritize low-cost living, self-discipline, and consistent routines.

→ SBA loans, securities-backed lines of credit, and defined benefit plans are powerful, underutilized tools for business growth.

More from Michael Reeder and Reeder CPA Group:

Website: https://www.reedercpagroup.com

LinkedIn: https://www.linkedin.com/in/michael-reeder-cpa

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Visit: DTY Wealth Planning Solutions

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When it comes to managing your finances, one area that often gets overlooked is tax planning. Strategic tax planning is not just about minimizing the amount of taxes you owe but also about optimizing your financial situation for the long term.

In this episode of Jet Setting Wealth Advisory, host David T. Yu delves into the world of strategic tax planning and business development with Michael Reeder, CPA and managing partner at the Reeder CPA Group. Michael brings his expertise in entity setup, tax optimization, and financial projections, offering valuable insights for entrepreneurs looking to maximize profitability and long-term sustainability. Drawing from his experience working with small businesses and franchise owners, Michael shares practical strategies and recommendations, referencing key books and podcasts in the financial realm.

Key Takeaways:

→ Embrace a low-cost living lifestyle to secure financial stability.

→ Avoid living beyond your means, regardless of your bank balance.

→ Find happiness in relationships and simple pleasures, not material possessions.

→ Focus on family, community, and personal well-being for lasting fulfillment.

→ Strive for a balanced approach to wealth that prioritizes quality of life over extravagant spending.

More from Michael Reeder:

Michael Reeder, a CPA specializing in small business financial strategies, offers expertise in entity setup, tax optimization, and financial projections. He provides personalized advice to help entrepreneurs minimize financial risks and maximize market success. Michael’s strategic approach to financial management emphasizes resilience, disciplined routines, and staying informed about changing tax laws.

Connect with Michael on his website at ReederCPAGroup.com or via email at michael@reedercpagroup.com.

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When it comes to running a successful business, having a solid financial strategy in place is crucial. Whether you’re a startup or a well-established company, understanding your financial health, managing cash flow, and analyzing financials are all key components to achieving business success and sustainable growth.

In this episode of Jet Setting Wealth Advisory Podcast, host David T. Yu engages in a dynamic conversation with Patricia Santayana, CPA, financial strategist, and business transformation expert. Patricia’s expertise lies in unraveling financial inefficiencies and guiding entrepreneurs toward enhanced cash flow and profitability. Drawing inspiration from her family’s jewelry business, Patricia brings a unique perspective to the world of finance, shedding light on the importance of understanding financial statements to drive business success.

Key Takeaways:

→ Dive into your revenue drivers to optimize cash flow and profitability.

→ Tailor financial strategies based on individual business goals and aspirations.

→ Overcome the fear of numbers by deeply understanding financial reports.

→ Transform your business into a well-oiled machine by making data-driven decisions.

→ Achieve financial independence and success by aligning business growth with personal goals.

More from Patricia Santayana:

Patricia Santayana, CPA, is Delphi Advisory Services’s president, specializing in helping entrepreneurs unlock their business potential. With a focus on financial assessment and strategic planning, Patricia empowers business owners to take control of their finances and achieve long-term success.

Connect with Patricia:

Free Download: https://www.delphiadvisoryservices.com/parts

Email: patricia@delphiadvisoryservices.com

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Visit: DTY Wealth Planning Solutions

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Have you ever wondered how owning an aircraft could transform your financial strategy? Discover insider secrets to making your aviation passion a profitable venture.

In this episode of Jet Setting Wealth Advisory, David T. Yu speaks David T. Yu speaks with Harry Daniels Jr., a Certified Public Accountant, Certified Financial Planner, and licensed private pilot with over four decades of expertise. Together, they explore the financial intricacies of aircraft ownership, tax strategies, and how to integrate aviation into your business planning. Harry also discusses highlights from his article, Making the Most of Your Aircraft Asset, and shares actionable tips for new and seasoned aircraft owners alike.

Key Takeaways:

→The benefits and pitfalls of aircraft leasebacks for flight schools.

→ How to navigate IRS passive loss rules for aviation assets.

→ Strategies for maximizing tax benefits through bonus and regular depreciation.

→ The hidden costs of aircraft ownership and how to plan for them.

→ Why comprehensive pre-purchase inspections and proper financial planning are essential.

More from Harry Daniels Jr.:

Read: “Making the Most of Your Aircraft Asset” in Planes and Pilot Magazine.

LinkedIn: Harry Daniels Jr.

Instagram: @DuganJoinerCPA

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How can we secure America’s fiscal future while preparing for the rising challenges of debt, government inefficiency, and economic uncertainty? Are we ready to take bold steps to ensure a sustainable path forward?

In this episode of Jet Setting Wealth Advisory, David T. Yu speaks with the Honorable David M. Walker, a renowned fiscal responsibility advocate and former Comptroller General of the United States.  With over 40 years of executive experience spanning the public, private, and nonprofit sectors, Walker shares his insights on transforming government efficiency, strategic fiscal reform’s importance, and actionable financial preparedness strategies. Drawing from his latest book, America in 2040: Still a Superpower?, he dives into the challenges facing the U.S. economy, the role of government accountability, and how individuals can safeguard their financial futures amidst growing fiscal pressures.

Key Takeaways:

→ The U.S. is on an unsustainable fiscal path, and immediate action is required to address rising debt and interest expenses.

→ Government transformation must focus on outcomes, with streamlined operations and a clear national strategic plan.

→ The private sector can play a key role in reform, but public-private partnerships must balance innovation with public accountability.

→ Young leaders must engage in the conversation and push for responsible fiscal policies to avoid mortgaging their futures.

→ Personal financial preparedness is essential, with strategies like tax efficiency, private pensions, and diversified income sources critical for retirement security.

More from David M. Walker and the Federal Fiscal Sustainability Foundation:

• Visit AmericaIn2040.com to explore David Walker’s work, latest op-eds, and resources.
• Check out his book America in 2040: Still a Superpower? which is now available for insights on preparing for economic challenges.

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Are you ready to take control of your finances and build wealth on your terms?

In this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Dan Nicholson, bestselling author, award-winning CPA, and founder of Nth Degree CPA. Known for his groundbreaking book Rigging the Game and the (UN)conventional Wealth podcast, Dan shares his unique approach to achieving financial certainty, navigating risks, and optimizing wealth for small business owners. From debunking myths about financial success to explaining how to leverage “solvable problems,” this episode is packed with insights that challenge traditional financial wisdom.

Key Takeaways:

→ The importance of creating and following your personal “money rules” for financial success.

→ Why defining your “solvable problem” is essential for aligning wealth with life goals.

→ How understanding risk and leveraging asymmetric opportunities can optimize financial outcomes.

→ The critical distinction between maximizing and optimizing wealth strategies for entrepreneurs.

→ How innovative tax strategies, such as sovereign tax credits, drastically reduce tax liabilities.

More from Dan Nicholson and Nth Degree CPA:

Website: Nth Degree CPAs

Listen: (UN)Conventional Wealth Podcast

Read: Rigging the Game: How to Achieve Financial Certainty, Navigate Risk and Make Money on Your Own Terms

Engage with David T. Yu:

Connect on LinkedIn, Instagram, & Facebook

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Visit: DTY Wealth Planning Solutions

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Are you ready to take control of your finances and build wealth on your terms?

In this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Dan Nicholson, bestselling author, award-winning CPA, and founder of Nth Degree CPA. Known for his groundbreaking book Rigging the Game and the Rigging the Game podcast, Dan shares his unique approach to achieving financial certainty, navigating risks, and optimizing wealth for small business owners. From debunking myths about financial success to explaining how to leverage “solvable problems,” this episode is packed with insights that challenge traditional financial wisdom.

Key Takeaways:

→ The importance of creating and following your personal “money rules” for financial success.

→ Why defining your “solvable problem” is essential for aligning wealth with life goals.

→ How understanding risk and leveraging asymmetric opportunities can optimize financial outcomes.

→ The critical distinction between maximizing and optimizing wealth strategies for entrepreneurs.

→ How innovative tax strategies, such as sovereign tax credits, drastically reduce tax liabilities.

More from Dan Nicholson and Nth Degree CPA:

Website: Nth Degree CPAs

Listen: (UN)Conventional Wealth Podcast

Read: Rigging the Game: How to Achieve Financial Certainty, Navigate Risk and Make Money on Your Own Terms

Engage with David T. Yu:

Connect on LinkedIn, Instagram, & Facebook

Sign up for our newsletter or book a call!

Visit: DTY Wealth Planning Solutions

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Ever wondered how to navigate the maze of IRS tax controversies and safeguard your wealth in a changing tax landscape?

In this episode of Jet Setting Wealth Advisory, David T. Yu speaks with Michael Kramarz, Principal at Kaufman Rossin’s Tax Service Advisory Group and a former IRS Special Trial Attorney. Michael shares over 14 years of expertise in navigating complex tax matters, from high-stakes IRS disputes to creative tax planning for businesses and high-net-worth individuals. With insights drawn from his work in the public and private sectors, Michael offers actionable advice on managing IRS audits, understanding policy changes, and protecting your financial future.

Key Takeaways:

→ How preparation can shield you from IRS penalties.

→ Why consulting with advisors helps you adapt to evolving tax laws and keeps your finances stress-free.

→ The secret to staying ahead of IRS scrutiny.

→ Why you should pay attention to legislative changes.

→ How innovative strategies, such as using the Cohan Rule, can turn seemingly dire situations into opportunities for success.

More from Michael Kramarz and Kaufman Rossin:

Website: http://www.kaufmanrossin.com/

LinkedIn: https://www.linkedin.com/in/michael-kramarz/

Instagram, Facebook, YouTube: @kaufmanrossin

Engage with David T. Yu:

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Visit: DTY Wealth Planning Solutions

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