Estate Planning

“Let our advance worrying become advance thinking and planning” – Winston Churchill

Ensuring the longevity of wealth requires much more than the ability to acquire substantial financial assets. The ability to proactively plan, design and execute are each important to the success of long-term, multi-generational, family plans.

The benefits of advanced planning are difficult to deny. Available to individuals today, there are a variety of legitimate ways to capitalize upon the complexities of our tax and legal system. By utilizing efficient advanced planning techniques, legacies and families can be shielded from potentially frivolous lawsuits, excess tax and a multitude of other risks.

Estate planning for executives can have many goals, the following are examples of common objectives:

Tax Mitigation & Wealth Enhancement

Recognizing taxes as a significant long-term risk to wealth, there are a wide array of strategies that can be leveraged to mitigate tax exposure while also enhancing the value of wealth transferred. For example, charitable trusts and irrevocable trusts can be strategically deployed to potentially substantially enhance the financial value of a family while also benefiting others. These can serve multiple purposes in achieving legacy goals while continuing to protect the family unit.


Prudent advanced estate planning for executives takes action to ensure the greatest privacy for the family in managing and passing wealth across family members. Often the focus of public attention, today’s most successful executives typically prefer matters of wealth be handled privately rather than in the court’s public eye. Relatively straightforward strategies, which can be sufficient for many affluent families, can include marital/family/credit-shelter trusts as well as life insurance strategies. For more complex needs, there are a multitude of sophisticated trust and planning vehicles available to further safeguard the privacy of family wealth.


Successful multi-generational risk management focuses on ensuring wealth is not unjustly lost to a limitless series of influences. Those influences can be both external and internal to the family and should be addressed through the framework of estate planning. Aiding in protecting heirs from themselves as well as predators can often be accomplished through the use of trusts, providing family patriarchs the ability to control their wealth beyond their lifetime. These potential future influences, “players yet to be known” as we refer to them, can be proactively planned for in the right situations.

This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor. Content in this material is for general information only and not intended to provide specific advice or recommendations for any individuals.