Estate Planning

Far too often Estate Planning means nothing more than providing liquidity to pay potential estate taxes. In its true form, the art of Estate Planning encompasses far more than calculating a tax bill.

Like Wealth Transfer Planning, Estate Planning is a critical planning opportunity to achieve the continuation of family wealth for all sizes of estates. Put simply, an effective Estate Plan allows you to pass an inheritance to who you want how you want when you want by implementing strategies appropriate to the size of your estate and the risks that are specific to you, your family, and your business, if applicable.

 

Our Process

Because of the complexities that can arise in developing an Estate Plan we have helped implement various strategies including:

  • Asset Repositioning
  • Irrevocable Life Insurance Trusts
  • Charitable Trusts (e.g. CRUT, CRAT, CLT)
  • Qualified Charitable Distributions
  • Leveraged Gifting
  • Premium Financing
  • Qualified Plan Wealth Transfer
  • Multi-Generational IRA Distributions
  • Dynasty Trust Planning
  • Restricted Beneficiary Payments
  • Annuity Gifting Programs

Through our corporate structure we have teams of subject matter experts in the fields of wealth management, taxes, qualified retirement plans, and more that can assist in developing the right plan for you and your family. If you are currently working with trusted advisors, such as tax and legal professionals, we are able to work with them to make certain that everyone is involved and understands your goals and interests in your plan.

Make Decision Making Easier

At LFIA, we have developed a brief guide to make your decision-making process easier whether you have already developed a plan or are planning for the first time. To request a copy of our Estate Planning Guide by completing the form below:

Estate Planning Guide