INVESTMENT COUNSELING
ESTATE & INCOME TAX PLANNING
WEALTH MANAGEMENT TRUST©
CAPITAL PRESERVATION & ASSET
PROTECTION
RETIREMENT PLANNING &
DISTRIBUTION ANALYSIS
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INTERGENERATIONAL SUCCESSION: WEALTH MANAGEMENT TRUST©
We have structured a hybrid irrevocable trust, which we call the Wealth Management Trust©. This irrevocable trust recognizes that life insurance isn't the only way to transfer wealth to heirs. The asset allocation of our Wealth Management Trust© includes three classes:
Survivorship Life Insurance
Municipal Bonds
Stock Index Funds
Our strategies include funding accounts for children and grandchildren
using annual gifts equal to the annual gift tax exclusions.
In addition, we counsel on the most efficient use the of the Federal Estate Tax exemption
amount (a permanent exemption of $5 million per person). We generally encourage early use of this lifetime tax free transfer amount, as the
present value of this lifetime gift is rapidly diminishing!
Most savvy estate owners will leverage
this benefit using tax advantaged tools like municipals,
index funds and life insurance.
The Wealth Management Trust© can be an indispensable tool for estate owners with liquid assets of $1 million or more. When properly structured and funded, it will allow more of your wealth to stay within the clan. With our assistance, clients often pay less in estate taxes, avoid generation skipping taxes, provide health and education funds for children and grandchildren, and insulate assets from judgment creditors.
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