Wealth Transfer
Preserve Generational Wealth and Leave a Family Legacy.
Protecting the Financial Future of Heirs While Helping Them Grow Wealth Responsibly
At Creative Planning we work with thousands of high-net-worth and ultra-affluent families to create custom wealth plans, which include how to best transfer their wealth to the next generations of their family. Wealth transfer involves much more than simply gifting money or assets; it's about creating a plan for the smooth transition of financial assets, family businesses and real estate holdings while also safeguarding your family's values and vision. Let's discuss how we can create a plan for your transfer of wealth.
Important Questions When Planning a Wealth Transfer
Are the heirs prepared to manage the inherited wealth?
Does the family business have a succession plan?
Will real estate and property be passed down, used or sold?
Have estate tax implications been minimized?
How It Works
Wealth transfer is typically structured through a combination of trusts, gifting strategies and family partnerships designed to minimize tax implications while helping ensure the continuity of family assets. One of the most common tax-efficient strategies is the use of irrevocable trusts, which allow wealth to be transferred out of the taxable estate while still providing for heirs. Family limited partnerships (FLPs) can also be an effective tool, enabling family members to retain control over assets while reducing the value of taxable estates.
Latest Wealth Transfer Insights
Let's Talk
Meet With an Advisor at a Location Near You
Creative Planning has advisors in just about every major metropolitan area. We look forward to getting to know you.
