Legacy Planning

Clearwater and Tampa Bay Florida

Leaving behind assets for future generations in a strategic, tax-efficient manner.

If your goal is to enrich those people or causes you leave behind when you pass away, then you need to begin your Legacy Planning now.

Creating an optimal strategy for your estate is more than just managing estate taxes, it's about organizing your assets so they pass to your family, loved ones or a charity in the manner you wish. It's about maximizing how much you leave behind, while still ensuring that your financial needs are taken care of for the rest of your life.

Legacy Planning Strategies

Stretch IRA

An individual retirement account (IRA) can be passed along to a spouse upon your death. However, it can also be stretched out and passed on to up to two generations. In other words, you can leave an IRA as a legacy to your grandchildren. We explore this stretch or "multi-generational" strategy when applicable.

Life insurance

Life insurance is often used to replace income or pay off debts at death, however, it can also be used as an efficient legacy building vehicle. We explore the different types of life insurance and how they fit into Legacy plans.

Leaving Assets to Minors: Ask the Estate Planner

Discussion on what happens if you leave assets to a minor child upon your death.


What's the best way to pass my assets on to my children and grandchildren?

There is no "best way" for any aspect of retirement planning. However, we do know certain strategies that work better for certain situations. It is important to consider your legacy plans, or what you want to leave to the next generation early in the planning process.

How can I control my assets after I am gone from this world?

Some people want to "rule from the grave" whether it be to protect those who are incapable of making financial decisions for themselves or to direct their legacy as they desire. Legal documents are often used in this situation. Additionally, some financial instruments allow for the use of beneficiary restrictions forms to dictate how and when funds will be distributed to the beneficiaries.

Is there a way to pass assets on to future generations and avoid taxes?

This is a common question for those looking to create generational wealth. There are tools and strategies our clients use to minimize the taxation of wealth passed on to the next generation. It is important to note that to do this successfully, advanced planned is required.


Leaving A Financial Legacy

Leaving behind a legacy for your family or charity is something many people want to do. There are a variety of ways to leave a legacy and we work with clients to incorporate them into their overall retirement plan.

Stretch IRA Report

This report provides a detailed look at what may happen if you pass along your IRA to your kids and/or grandkids. This report can show the power of planning and compound interest over decades..

Life Insurance Review

Our life insurance analysis will provide guidance on any existing life insurance policies as well as the potential value of a new policy as part of Legacy Planning..

Generational Vault

One of the benefits of working with us is our "online safety deposit box." To help clients organize their personal documents and financial statements, the Generational Vault is designed to serve as an online filing cabinet. All information and documentation is securely uploaded into the client vault and is viewable 24 hours a day and seven days a week.

Legacy "From the Heart" Journal

Interested in enhancing the legacy you leave behind? Start by reviewing our "From the Heart Journal" which provides a financial outline for those you leave behind.