1090: Scott Arden - "LLCs, Lemonade Stands & Legacies"

In this episode of Thrive LouD with Lou Diamond, Lou sits down with Scott Arden, CEO of Controllers Limited, to unpack the essentials of building generational wealth through savvy use of corporations, LLCs, and trusts. Scott shares his unique journey—starting his first business at age 19!—and what inspired him to become an expert in tax planning, asset protection, and estate planning. From busting myths about tax deductions and revealing insider strategies for reducing your tax bill, to discussing how to set your family up for long-term financial success, Scott breaks down topics that every entrepreneur, business owner, and even everyday listeners can benefit from. You'll learn about: Picking the right business structure (LLC, S-Corp, C-Corp… or a combo?)Strategic ways to legally lower your taxesHow to hire your kids and give them a financial head startNavigating changing tax laws, even internationally or across statesThe surprising IRS codes that allow you to deduct things like golf clubs—or even your dog! Plus, stick around for the fun part at the end, as Scott shares his favorite movies, music, foods, and the new experiences he's loving lately. If you're interested in protecting your wealth, saving on taxes, and leaving a real legacy, this is one episode you don’t want to miss! Check out Controllers Limited: www.controllersltd.com Connect with Scott: Instagram @ScottArdenCEO | Call (775) 384-8124 | Email: contact@controllersltd.com Listen, learn, and thrive!