People typically accumulate assets for their enjoyment and security. But for most it becomes increasingly important to think about how these assets can create a personal legacy for family, friends, or causes that are dear to the heart.
We help our clients think through and establish their legacy and coordinate that with their investments so they can be confident that their wealth can not only provide their desired lifestyle and security now, but have an impact on the future. The following are common ways we assist clients
Estate planning can outline ways that your legacy can be passed on in the most tax efficient way. This can be done along with an estate planning attorney to create will and trust documents.
Trusts are often utilized to secure the legacy for many people with significant assets, . We have a network of trust administrators who can manage the day to day affairs of a trust as we manage the trust’s investment assets to meet the trust’s long term goals.
Charitable Giving which aligns with your values is an important part of the legacy you create now. We offer our wealth clients the ability to set up a tax deductible charity fund that can could help offset larger taxable income. From this fund, donors can choose which charities support their values and how much to give each year. When a donor passes, the fund would either terminate with designated charities receiving the proceeds or a successor/s chosen by the donor could continue making charitable grants.