Estate Design - Capturing Pre-Tax Net Worth
Whether your aim is to preserve family wealth for generations to come, or make a significant philanthropic impact, the design for your estate is a critical component. Controlling pre-tax net worth provides you with maximum resources for achieving your goals and effecting the change you want to see in the world. This pre-tax control is made possible through thoughtful estate design.
Our clients are keen to manage the complexities wealth creates in an ever-changing environment. Preparing heirs and impacting communities are often driving needs.
For many families, the Family Wealth Directive is the most important estate planning document. This document, a narrative we write for you, captures the story behind the family’s wealth and articulates the estate owners’ financial philosophy as to the accumulation, preservation, use, and distribution of assets for living the legacy you hope to leave. Long-term wealth preservation requires a suitable strategy of Family Governance, that is, the practical matter of discovery, decision-making, and responsibility-sharing among family members according to each one’s skills, interest, experience, and bent. Legacy Resources assists with best practices for thinking, decision-making, taking action, communication, and adapting to change.
““Therefore when we build, let us think that we build forever. Let it not be for present delight, nor for present use alone. Let it be such work as our descendants will thank us for, and let us think, as we lay stone on stone that a time is to come when those stones will be held sacred because our hands have touched them, and that men will say as they look upon the labor and wrought substance of them, ‘See! This our Fathers did for us’.” ”