LIVE FOR TODAY,
PLAN FOR TOMORROW

Legacy Assurance Plan advocates a comprehensive approach to estate planning that extends beyond traditional legal-only perspectives. While essential documents like wills, trusts and powers of attorney form the foundation, we incorporate tax, financial, risk and business considerations.

By collaborating with a team of like-minded professionals, we ensure a well-rounded plan that addresses legal concerns and broader financial goals, including business succession where applicable. This holistic approach creates a thorough and effective plan tailored to your unique needs

Our comprehensive approach emphasizes coordinated financial services, focusing on "fluidity" and "funding" of your plan. We address crucial elements such as beneficiary designations, pay-on-death arrangements and proper trust funding.

By reviewing designations on life insurance, annuities, retirement plans and financial accounts, we ensure a seamless flow of assets that aligns with your legal documents and intentions. This coordination guarantees consistent asset distribution across all aspects of your estate, fulfilling your intended legacy.

Legacy Plan prioritizes minimizing tax implications for cost-efficient asset distribution. We focus on reducing tax burdens, including estate tax reduction for large estates and careful planning for income tax consequences, particularly regarding inherited retirement accounts.

Special attention is given to the timing of retirement account distributions and capital gains tax implications, emphasizing the importance of basis step-up for inherited assets. This strategic approach to tax planning helps preserve more of your estate for beneficiaries, aligning with our goal of creating an effective and efficient legacy plan.

To safeguard your legacy, we evaluate and mitigate potential risks affecting your lifetime income and estate. Addressing financial risks such as market volatility, lawsuits and long-term care costs, we utilize legal strategies and financial planning.

Recommendations may include reducing market exposure for retirement savings and exploring asset protection options against long-term care costs. We collaborate with licensed professionals to identify appropriate strategies and products that help preserve assets, ensuring a robust legacy despite potential health-related challenges.

Legacy Plan addresses the critical intersection of business and estate planning, integrating your business interests into your overall estate strategy. We focus on entity formation, succession planning and ensuring business continuity in case of incapacity or death. Emphasizing the importance of designating authorized individuals to act on behalf of your business helps avoid disruptions from guardianship or probate processes.

Additionally, we explore strategies for management succession and non-probate ownership transition. Where appropriate, we may recommend consulting with licensed professionals about financial products that can provide liquidity during transitions or help equalize inheritances among heirs.