Generational Wealth Planning

Providing the foundations and momentum for generational prosperity.

Whether you’re building an intergenerational legacy, or maintaining one, accounting for the challenges and dynamics of families can often benefit from independent and experienced financial counsel. At Kaplan Financial, we have helped dozens of successful families manage the complexities of family wealth management.

Within families, decisions that can impact long-term finances can be both large and small. That’s why we typically wave minimums for the investment levels for the immediate family members of our clients. In this way, we’re able to facilitate regular discourse and interactions striving to help all family members make wise and comfortable decisions around matters such as:

• Retirement planning (e.g. the right percentage of earnings to set aside)
• Analysis and evaluation of home buying choices for residence and vacation
• Analysis for automobile purchasing or leasing
• Funding strategies for education (e.g. 529 plans)

By making these services available to the family members of our clients, we share the responsibility of educating and advising their children, siblings, and spouses with them—passing along valuable skills and helping to conserve and build assets.

For our clients, we likewise share estate planning and wealth-transfer strategies that help them secure their legacies and leverage proven tax advantages. Typical services include:

• Gifting strategies
• Planning in the formation of legacy trusts (e.g. GRATS, charitable remainder trusts, etc.)
• Discussion of family limited partnerships
• Estate planning that controls complex inheritance issues
• Tax planning for interfamily transfers

Working with your attorney, we will review your estate planning documents and then book a time to make sure they reflect—philosophically—precisely what you want before you execute them in final form.