Estate and Legacy Planning
Helping you preserve wealth and minimize taxes like the nation's wealthiest families
Did you ever wonder how the nation's wealthiest families grow, preserve and multiply their wealth over generations free of income and estate taxes? It's really quite simple.
- They keep a substantial portion of their liquid net worth in investments that provide tax-free growth and income. These include municipal securities, Roth IRAs, Roth 401Ks and life insurance
- They use "risk-managed" investment strategies to protect and preserve their wealth during market declines and bear markets.
- They use trusts and advanced wealth-transfer planning strategies to maintain privacy, remove assets from their taxable estate, and minimize taxes
- They use life insurance to:
- Shelter investment growth and cash values from taxes
- Provide tax-free income
- Multiply their wealth by providing a death benefit to their heirs that's free of income and estate taxes
The federal government understands the tremendous tax-saving, wealth-building power of life insurance. That's why, on a number of occasions, Congress passed legislation to limit the amount of money you can put into a life insurance policy. Still, for even the wealthiest of Americans, life insurance remains one of the best, most flexible tax-free investment and wealth transfer vehicles available. That's why the nation's wealthiest individuals and families continue to put as much of their liquid net worth as possible into various types of life insurance.