Estate Planning and Wealth Transfer

It's difficult to find a more challenging life event than the passing of a loved one. Between the emotional toll it takes on you and your family, combined with the pressure that comes with potentially serving as an executor, you may find yourself wondering where to begin.

As Personal CFOs, we work with clients to see the big picture—their total balance sheet and how everything works together. We also painstakingly catalog and analyze every detail, understanding how each component fits into the broader, holistic plan.

Congress passed the final version of the pending tax legislation, which will now move to President Trump's desk for signature. The bill is the largest rewrite of the U.S. tax code in three decades, and will have broad implications for individuals, families, and businesses.

Last month, the IRS issued proposed regulations that, if finalized, will dramatically impact future planning options for Family Companies (LLC’s, Limited Partnerships, General Partnership, and Corporations).

We recognize the importance to our clients of raising responsible children and communicating with them about money in healthy ways.

While most of us already understand the importance of a legal will from an estate planning perspective, how does ethics factor into this picture?