FAMILY WEALTH MANAGEMENT & TRANSFER
Many of our clients express concern over generational wealth management and their families financial well-being. Their concerns often include sensitive topics such as wealth transfer, family cohesion around finances, or medical ailments. Our advisors regularly work with our clients on future wealth transfer strategies and advise on other family-related financial concerns. This may be as simple as double-checking beneficiary listings on investment accounts or as complex as developing trusts and tax-managed gifting strategies. In addition, our advisors often work with families on sensitive topics (like cognitive impairment). In these instances, our advisors can provide recommendations to keep your and your family’s assets protected.
HOW DO I PREPARE FOR WEALTH TRANSFER TO MY HEIRS?
HOW DO YOU HANDLE CHALLENGING FAMILY DYNAMICS AND FAMILY PRIVACY?
WILL YOU DO TAX PREPARATION OR CREATE A FINANCIAL PLAN FOR MY CHILDREN?
WHAT ARE SOME TAX EFFICIENT WAYS TO TRANSFER WEALTH?
- Annual gifting (annual gift exemption)
- Direct payments
- Roth IRA conversions
- Intra-family lending
- Irrevocable grantor trusts
Our Tax Team is able to assist you in understanding the various methods of wealth transfer related to your situation.
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