E98: Tax Reduction - Tips the Ultra Wealthy Use with Melissa Northway Your Business on Purpose

Do you ever feel like you've been told to just get disability insurance as a solopreneur or business owner? But then, when you think about the implications of not having a safety net for your family and your business, it's like being left out in the cold with no protection. The uncertainty and stress of not having a plan in place can be overwhelming. It's time to explore a more comprehensive approach to safeguarding your wealth and securing your family's future.

My special guest is Melissa Northway

Melissa Northway is a trusted authority in the realm of financial stability and legacy planning. Her expertise in life insurance and wealth preservation strategies resonates with women business owners, as she adeptly navigates the complexities of securing a solid financial future. Melissa's warm and approachable demeanor, coupled with her deep understanding of the nuances of generational wealth, make her a go-to source for sound advice and practical tips. With a keen focus on empowering individuals to make informed financial decisions, Melissa's insights are invaluable for those seeking to safeguard their legacy and lay a solid foundation for future generations.

We're guaranteed two things, death and taxes. It's uncomfortable to talk about, but necessary. We have to think about what's going to happen to our business, what's going to happen to us, and make plans for them. - Melissa Northway

In this episode, you will be able to:


Discover the living benefits of life insurance and how it can provide financial security for you and your loved ones.


Explore wealth preservation strategies that can help safeguard your family's financial future for generations to come.


Learn how life insurance can be a valuable asset for solopreneurs, providing protection and peace of mind for your business and family.


Uncover the importance of legacy planning and generational wealth, and how you can leave a lasting financial impact for your loved ones.


Explore tax reduction strategies tailored for business owners and individuals looking to maximize their wealth.



Life Insurance for Solopreneurs
Life insurance plays a vital role for solopreneurs in protecting their businesses and ensuring financial stability in case of unforeseen circumstances.
 For solopreneurs, life insurance can serve as a safety net to cover business expenses, debts, and provide for their families if they are no longer able to.
 Understanding the importance of life insurance as a solopreneur can help secure the financial future of both the business and the individual.

The resources mentioned in this episode are:


Contact Melissa Northway at Northway_Melissa@groupmail.com or call 949-874-1997 to learn more about strategies for paying less taxes and protecting your wealth through LLC with charitable intent.


Explore the living benefit riders for life insurance, which can be triggered by life events such as cancer diagnosis, heart attack, or heart valve repair, by reaching out to Melissa Northway.


Consider getting life insurance for stay-at-home moms to protect the financial state of the family in case they are unable to work, by contacting Melissa Northway.


Learn about term and permanent life insurance options, including their affordability and benefits, by reaching out to Melissa Northway.


Discuss legacy planning and generational wealth building strategies with Melissa Northway to ensure that your loved ones are financially secure for the future.








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