Wealth Transfer

In this episode, we talk through the emotional and human nature of newfound wealth. We will discuss how financial planning can help you navigate through this difficult life transition and make sure that you are considering all factors in your decisions.

Wealth Transfer Planning 6 of 6 

Proactive wealth transfer planning is about control and leverage.  We believe that a successful estate distribution plan is one in which your heirs (and/or charity) receive as much as possible, and Uncle Same, as little as possible. But this requires some work.

Wealth Transfer Planning 6 of 6

 

 

Wealth Transfer Planning 5 of 6

 

 

Wealth Transfer Planning 4 of 6

 

 

Wealth Transfer Planning 3 of 6

 

 

Wealth Transfer Planning 2 of 6

Wealth Transfer Planning 1 of 6

 

 

In our business of comprehensive financial planning, “wealth transfer,” “estate planning,” “legacy planning” are all different words for the same process; defining and documenting how you will pass assets to others in retirement or at death so as to have control and leverage over these decisions.

3 Ways Charitable Remainder Trusts Provide Tax Advantages

A charitable remainder trust can serve many purposes in one’s financial plan. Clearly, you have to be charitably inclined, as there is an irrevocable charitable component to this strategy. But in addition to helping out your favorite charity (or charities), you get several big tax advantages from this arrangement.