Multigenerational Planning Process
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Multigenerational wealth planning helps to ensure your family's wealth, legacy, and estate planning needs are all properly managed.
Before you can develop strategies for your estate plan, you'll need to identify your planning objectives. Together, we will tackle important legacy questions, such as:
- Whom do you want to benefit from your wealth?
- Do you want to donate some or all of your wealth to charity?
- Do you want to transfer some of your wealth to your beneficiaries during your lifetime or only upon your death?
- Do you have any situations that require specialized planning, such as a previous marriage or a special needs child?
With these questions answered, I will develop an action plan that addresses:
- Preserving the value of your estate
- Maximizing what you transfer to your beneficiaries/Minimizing state and federal transfer taxes
- Managing assets for your spouse, children, or grandchildren
I can help you balance the advantages and disadvantages of the strategies above and will consult with your legal and tax advisors regarding your unique situation.
Stifel and its associates do not provide tax or legal advice. You should consult with your tax or legal advisor regarding your particular situation.