Latest / Legacy Beyond Wealth with Rob Shelton
Hiring Your Spouse & Kids: Big Opportunities and Big Mistakes to Avoid
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Today we’re answering a smart question from a viewer about hiring a spouse or children in a family business. When structured properly, this strategy can create significant tax advantages and strengthen retirement savings. However, it also carries risks if not handled correctly. In this episode, Rob breaks down how to navigate the legal and financial details of hiring your spouse or kids, from the best ways to pay minors to structuring contributions to retirement accounts.
Here’s…
The skinny
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