Wealth Transfer Strategies

Wealth Transfer Strategies encompass a range of techniques that help our clients achieve goals related to who will share in fruits of their life's work.
 
It has been said the estate tax is a voluntary tax--one that can be reduced significantly or even eliminated entirely through planning.  Yet many savvy people miss the opportunities in this area.
 
For business owners contemplating transitioning out of their enterprise, it is of critical importance to coordinate their business plans with their personal estate planning.  In fact, for family businesses, there are many techniques that can help the business owner shift business interests to children in an income and estate tax efficient manner.
 
In the wealth transfer arena, we work closely with the best estate planning attorneys to help clients:

• Minimize estate and gift taxes
• Keep family businesses in the family
• Equalize inheritances between business-active children and those not involved in the business. 
• Assure that if life insurance is used as a planning tool, it it used in the most tax and cost efficient manner.
• Provide charitable options that make meaningful impact on a favorite charity while minimizing impact on the family

As in all the planning we do, after carefully examining the client's objectives, we apply the planning technique that will generate the desired result.
     

“The nicest thing about not planning is that failure comes as a complete surprise, rather than being preceded by a period of worry and depression.”
- Sir John Harvey Jones