What Is Wealth Management
We explore strategies
to mitigate, reduce or defer tax. But for those with heirs, unnecessary
tax avoidance typically
the only issue. Issues of how, when, for what purpose, and under
what circumstances heirs receive money is also important. Should
clients have concerns about an heir (or heirs) abilities to handle
strategies can be developed that create disincentives or establish
shelters from divorce, lawsuits, and business failures.
We show clients how to address issues regarding asset
equalization to heirs. For example: suppose a client has a business
represents the bulk of their estate. The client may determine
who may participate
in the business, and who may not.
We structure legacies that will span more than one generation. In
addition to leaving assets to children and grandchildren, we can also
discuss ways in which you can fund your own private foundation, which
can be managed and overseen by generations of heirs to come.
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