Congratulations, you’ve made it!
Your hard work has paid off, and you now have enough money to last a lifetime, and then some. But more money comes with more issues.
In transitioning your assets, and possibly your business, to the next generation, it’s important to structure the transfer in a way that keeps your legacy intact, whether it means ensuring your business continues to operate successfully, or ensuring your heirs don’t squander your money. Let us help you craft a plan that works for you and your successors.
It’s taken you a lifetime to accumulate your assets, and may want to ensure that the transition to your heirs is as efficient as possible However, anything you may or may not do has disadvantages, such as paying higher taxes by not planning at all, or loss of control over your assets while minimizing your taxes.
Let us help you figure out the best strategy for you, that balances the taxes, costs, and restrictions, in a way that works for you.
Perhaps you would like to give some of it away. It’s good to do good, and every little bit helps. You truly can make the world a better place. You could give money away directly, or you could leave a bequest after you pass away.
While nobody should give assets away just for the tax break, it certainly doesn’t hurt to make sure your gift gets every benefit you can get. Let us help you help others, by planning the most efficient way to give it away.