Author: Sandeep N Setty

Achieving true financial freedom means earning money every day—because you’re spending money every day. The wealthiest individuals understand the importance of generating daily income and setting up annuities to ensure they have a steady cash flow, even during lean days or months. For many, real estate is a favourite investment. Yet, while we love the idea of owning property, managing real estate often brings a host of headaches—from tenant issues and tax concerns to property maintenance challenges. The real appeal of real estate isn’t just the money; it’s also the deep-rooted human desire to own land and establish a territory.…

The United Kingdom is renowned as one of the world’s most reputable regions for asset management and wealth planning. Here are several key aspects that set it apart: Essential Features of UK Jurisdictions Why It Matters The robust structures available in the UK—from trusts to offshore entities—are widely trusted by global investors and affluent families for managing cross-border assets and securing intergenerational wealth. Understanding how jurisdictions like the UK shape asset structuring strategies is crucial for effective wealth management in today’s interconnected financial world.

Having a solid financial blueprint is crucial—it’s not just about making money, but about ensuring you never lose it. In fact, it echoes Warren Buffett’s top wealth-building rule: never lose money. When you work hard to build your wealth, the last thing you want is for it to slip away because you weren’t prepared. A well-crafted financial blueprint serves as a comprehensive plan that protects all your financial activities. It’s the foundation that gives you the freedom and confidence to pursue bigger goals without the constant worry of unexpected losses. In essence, a robust financial blueprint does three key things:…

If your family relies on you for financial support and a decent standard of living, please take a moment to read this. Insurance is the key to focusing on what truly matters in life—it ensures financial security for you and your loved ones, no matter what happens. If you’re still wondering which insurance products you need before 2021 comes to a close, here’s a simple structure that covers all the basics: ✅ Life CoverageThis product is designed to protect your beneficiaries financially when you’re no longer around. It ensures that your family has the funds they need to maintain their…

Consider this: What other product can truly be compared to life insurance? Which financial tool offers wealth in times of illness, provides for your family when they need it most, supports your children when you’re not there and helps fulfil your dreams when circumstances change? No other product generates wealth quite like life insurance. It creates a safety net that didn’t exist before—one that not only secures your family’s future but also builds financial support from day one. While investments complement life insurance in the financial planning process, they simply cannot be measured against the unique benefits that life insurance…

Imagine having your own personal bank—always open and ready to fuel your business growth, no matter the economic climate. Infinite banking makes this a reality by leveraging the cash value of a whole life insurance policy. For Indian business owners in vibrant hubs like Bangalore, this strategy transforms your policy into a powerful growth fund, opportunity fund, or war chest, all while enjoying guaranteed growth and robust protection. Infinite banking turns your whole life insurance policy into a self-sustaining reservoir. As you pay your premiums, your policy builds cash value with guaranteed growth—ensuring that even in uncertain times, the real…

Recently, I had an insightful conversation with a friend who owns a company with around 150 employees. He was facing a major challenge—retaining key talent. As we sat down for coffee, I asked him, “How big do you want to grow your business?” Without hesitation, he replied, “I want to grow it 3x in the next five years.” I smiled and asked, “What if I help you build that business? Would you like that?” His response was immediate: “Yes, of course!” The Hidden Reason Businesses Struggle I then told him, “If I take care of all the reasons your business might go down, the only…

Asset structuring is a concept that seamlessly integrates tax planning, insurance provisions, legal and compliance frameworks, and company structuring into a comprehensive wealth management plan. For high- and ultra-high-net-worth families, this approach is not just about managing wealth—it’s about preserving it across generations. A Changing Landscape Historically, families have leaned on trusts and family offices as the backbone of their wealth management and estate planning. However, since 2009, stricter regulations on the disclosure of Ultimate Beneficial Owners (UBOs) have reshaped the financial landscape. These rules were introduced to combat money laundering and tax evasion, requiring companies, trusts, and other legal…

Recently, at a seminar, I discussed a critical yet often misunderstood topic: the difference between inheritance and succession in family-owned businesses. The Core Question: Who Gets What? When distributing wealth among children, families often consider different approaches: ScenarioSonDaughter1️⃣ Equal Share50%50%2️⃣ Business-Oriented70%30%3️⃣ Sole Heir100%0%4️⃣ Weighted Split80%20% There is no universally correct answer—only what works best for your family’s values and business continuity. The Key Distinction 📌 Inheritance = Transfer of wealth📌 Succession = Transfer of power While wealth can be split in any proportion, power dynamics in decision-making are more complex. The Succession Challenge: Who Has the Final Say? If both son and daughter receive equal 50:50 ownership, they both sit on…

Last week, I met a lady who said she had figured out everything in her life. Then she added, “Sandeep, I have a fear—what if I make a mistake?” I smiled and told her a simple secret. Wealthy families set aside 20% of their profits in a special fund. They call it a “growth fund.” This money is not just saved for emergencies—it is used for new ideas, new products, and new opportunities. This way, even if they make a mistake, they have a safety net. They can try new things without fear because they know there is a fund…