Legacy Wealth Planning that Helps Protect What Matters Most
Worried About Preserving Your Legacy for Future Generations?
Many clients face uncertainty about how to efficiently pass on their wealth and values to future generations. They often worry about taxes, legal challenges, and family disputes that could diminish their hard-earned wealth. This uncertainty creates anxiety, leaving them feeling unsure if their loved ones will be taken care of when the time comes.
Path to Preserving Your Wealth and Legacy for Generations
- Strategic Estate Planning: We work closely with your CPA and attorney to develop a comprehensive estate plan to help ensure your assets are distributed according to your wishes while mitigating taxes and avoiding legal complications.
- Family Wealth Transfer: Our strategies focus on preserving and transferring your wealth, values, and intentions to loved ones with clarity and purpose. This includes family meetings, education, and preparing the next generation of investors.
- Personalized Legacy Strategies: We work with you to create a legacy plan that aligns with your unique goals, including options for charitable giving and multigenerational wealth planning.
Legacy Wealth Planning Strategies Tailored to You
- Estate and Trust Planning: – Our comprehensive financial planning process involves gathering essential information, including beneficiary details and creating net worth statements, to collaborate effectively with your CPA and attorney for them to craft a tailored estate plan.
- Wealth Preservation Strategies: We utilize investment strategies such as life insurance to provide estate liquidity, shield inheritance from estate taxes, and reduce the likelihood of forced asset sales; helping to ensure long-term preservation for future generations.
- Charitable Giving: Amplify the impact of your philanthropy with strategic planning that benefits both your chosen causes and your estate. We assist in establishing charitable vehicles like Donor Advised Funds, Private Foundations, and Pooled Income Funds to help maximize tax advantages and charitable impact.
- Tax-Efficient Transfer Strategies: We collaborate with your CPA and attorney to design strategies to help mitigate the tax burden on your heirs, helping to ensure they receive the maximum benefit from your estate while preserving wealth across generations.
- Business Succession Planning: For business owners, we provide tailored strategies to facilitate a smooth transition of leadership or ownership to the next generation or chosen successors, preserving the legacy you’ve built.
- Family Protection: We help develop life insurance strategies to safeguard your family’s financial future in the event of your passing. Our strategies include permanent insurance, term insurance, private placements, and disability insurance to help ensure comprehensive protection.
Donors are urged to consult their attorneys, accountants or tax advisors with respect to questions relating to the deductibility of various types of contributions to a Donor-Advised Fund for federal and state tax purposes. Changes in tax laws may occur at any time and could have a substantial impact upon each person’s situation. Investors should consult a tax or legal professional for advice specific to their situation. Raymond James and its advisors do not offer tax or legal advice. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Be sure to contact a qualified professional regarding your particular situation before making any investment or withdrawal decision.
