Estate, Charitable Giving, & Trust
One of life’s greatest rewards is sharing your wealth with others. It takes expert planning and knowledgeable guidance to help you make the right choices now so you can ensure your financial legacy makes a deep and lasting impact on the generations to come.
GETTING STARTED WITH YOUR
PLAN FOR THE FUTURE
We are here to make legacy planning a positive, life-affirming endeavor that leads to the preservation of your family values and your assets transferring efficiently and according to your wishes. We have access to experts in trusts, insurance, philanthropy and family dynamics. We also take a well-coordinated approach, bringing in legal and tax expertise where needed so you feel confident about your plan.
Why make a plan?
If you don’t plan for your estate, it will inevitably be done for you. Most often the state will intervene, which can take a toll in taxes, time and additional emotional stress for loved ones. Further, without an estate plan, you are leaving your financial legacy to chance. As part of our comprehensive financial planning services, we’ll help you through the process of building your estate plan, or refining any plans you have existing.
Why start now?
As a high-net-worth individual, you are likely continuing to amass appreciating assets. Because our team is focused on creating in-depth strategies designed to optimize every aspect of your financial landscape, we’ll encourage you to work your estate plan into the picture as we set goals for other areas of your life. Furthermore, it is important to define early on what your goals are. Many of our clients want to leave a lasting legacy, and as part of that, it is important to take the time to understand how we’ll pass on some of your wealth to the next generations, or to charitable organizations.
How can I transfer my wealth without undue tax expense?
Taxes are certainly part of life, but if you don’t enlist a financial professional to support you, you could end up paying far more than is necessary to transfer wealth to beneficiaries. You’ve worked hard to build your wealth, and you want to protect your legacy from unnecessary tax expense. Our financial experts can help you build a plan that will optimize your wealth for your beneficiaries.
What if I already have an estate plan?
Because an estate plan is a part of a healthy, strong financial picture, we’ll reevaluate your estate plan on an annual basis. We work diligently to ensure your wishes are communicated to all involved, that your thoughts are thoroughly and accurately documented, and that your plans are amended appropriately as new marriages and births occur in your family. Because we know time can fly, we’ll help make sure you stay on track and we revise your plan as we go.
UNEQUALED ATTENTION TO EVERY DETAIL
BECAUSE YOUR LEGACY IS OUR PASSION, WE TAKE A 2-STEP APPROACH.
DEFINING YOUR CORE PLAN:
WHO, WHEN, & HOW ASSETS ARE TRANSFERRED
Whether you have a plan or not, we will sit down to examine your unique situation. We’ll start a plan that will offer certainty and control over everything you’ve worked for and accumulated during your lifetime. Some of the instruments we might use would include wills, trusts, insurance policies, and carefully-considered durable powers of attorney. Our team works with you and your other professional advisors to ensure your wishes are communicated in writing and are legally binding.
This first phase of planning typically culminates in a complete plan which clearly defines who will benefit from your assets, when they will receive these benefits, and how your assets will be delivered to the next generations.
AS YOUR FINANCIAL LANDSCAPE CHANGES, WE’LL
EVOLVE YOUR PLAN
Once we have your estate plan in place, much of the work is done. However, we’ll still be sure to revisit your estate plan regularly as your financial situation changes. As your family grows, and as life carries on, you may want to add or change beneficiaries, leave a large legacy gift to a new favorite charity, or start a trust fund for a beloved grandchild. Our concierge-level legacy planning services are designed to make it easy for you to evolve the plan as we go, and we’ll be sure to remind you when we see a change in your financial life that requires an adjustment to your estate plan.