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Also by Stuart Lucas

       Wealth: Grow It, Protect It, Spend It and Share It

       Wealth: Grow It and Protect It

The Taxable Investor's Manifesto

       Wealth Management Strategies to Last a Lifetime

       Stuart E. Lucas

Copyright © 2020 by Stuart E. Lucas. All rights reserved.

      Published by John Wiley & Sons, Inc., Hoboken, New Jersey.

      Published simultaneously in Canada.

      No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, [phone], fax [phone], or on the Web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, [phone], fax [phone], or online at http://www.wiley.com/go/permissions.

      Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.

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      Wiley publishes in a variety of print and electronic formats and by print-on-demand. Some material included with standard print versions of this book may not be included in e-books or in print-on-demand. If this book refers to media such as a CD or DVD that is not included in the version you purchased, you may download this material at http://booksupport.wiley.com. For more information about Wiley products, visit www.wiley.com.

      Library of Congress Cataloging-in-Publication Data

      Names: Lucas, Stuart E., author.

      Title: The taxable investor's manifesto : wealth management strategies to last a lifetime / Stuart E. Lucas.

      Description: Hoboken, New Jersey : Wiley, [2020] | Includes index.

      Identifiers: LCCN 2020004855 (print) | LCCN 2020004856 (ebook) | ISBN 9781119692034 (hardback) | ISBN 9781119691990 (ePDF) | ISBN 9781119692027 (epub)

      Subjects: LCSH: Investments. | Finance, Personal. | Stocks. | Portfolio management. | Investments—Taxation.

      Classification: LCC HG4521 .L86155 2020 (print) | LCC HG4521 (ebook) | DDC 332.6—dc23

      LC record available at https://lccn.loc.gov/2020004855

      LC ebook record available at https://lccn.loc.gov/2020004856

      Cover Design: Wiley

      Cover Image: © sorbetto/Getty Images modified by Wiley

To Becca, Camilla, and Sam

Author's Legal Information, Disclaimer, and Disclosure

      The author, through his firm, Wealth Strategist Partners, LLC provides investment advice and functions as an outsourced Chief Investment Officer for taxable individuals and families. Any statements or information contained in this book are made in the author's personal capacity and are not affiliated with, or endorsed by, any investment adviser with which the author may currently, or in the future will, be associated.

      The information and views contained in this material are as of the dates noted and are for educational and informational purposes only. Such views are subject to change without notice. Neither Mr. Lucas nor Wealth Strategist Partners have any duty or obligation