Book Description: Updated to reflect all of 1997's tax law changes, Mutual of New York's updated how-to guide shows business owners, entrepreneurs and high net-worth individuals how to protect and build personal wealth. Researched and developed by Mutual of New York's business and estate planning experts, the real world strategies explained in Smart Assets are organized so that readers can quickly and easily identify and capitalize on a wide range of wealth building opportunities. Using dozens of little, but practical ideas-any of which could have a major financial impact on your business, the book is filled with practical strategies, tactics, and planning innovations designed to help turn businesses into wealth-creating machines.