ENG2446. Secrets of Successful Families: Creating a Lasting Legacy (TAX, PFP, EST)

How can advisors help families avoid the “shirtsleeves to shirtsleeves in three generations” phenomenon? Not only is it important to prepare the money for the family, but it also is important to prepare the family for the money. This seminar will present the common characteristics of families who have successfully transferred their values—in addition to their wealth—to future generations and will provide examples of practical planning techniques that have helped such families build lasting legacies.

Learning Objectives:

• Recognize the challenges for families attempting to transfer wealth to future generations.
• Identify opportunities to minimize the impact of federal and state income taxes on trusts and estates while preserving family harmony.
• Indicate ways to help clients align their tax planning strategies with their values to create a lasting legacy.