This Thanksgiving We Are Thankful for Your Collaboration

It is no secret that having a solid network of quality professionals allows us to address more
than just one of our clients’ concerns. It takes a team to plan for life’s foreseen and unforeseen
events. Working with quality professionals like you enables us to ensure that our clients are
receiving the best possible comprehensive plan and that it is done the right way.

Our clients can feel secure knowing that all facets of their future are being considered when we
collectively strategize the best structures and tools to adequately address their finances,
businesses, and tax considerations, all while achieving the end goal of promoting family
harmony.

There Are Many Opportunities for Us to Work Together

Irrevocable Trusts

Irrevocable trusts provide higher-net-worth clients with a variety of benefits, such as avoidance
of estate inclusion and reducing future estate taxes. Consequently, clients will likely require
assistance addressing the higher income tax liability and understanding any potential tax
implications associated with the trust being the owner of the money and property they have
worked so hard for.

Business Succession Planning

We often encounter business owners and entrepreneurs while creating an estate plan. As part
of our process, we often implement strategies on the estate planning side to address business
succession and management in the event of death or incapacity. Additionally, we discuss
clients’ goals of achieving asset protection for their real property, which may involve us advising
them to transfer their property to a business entity. While we can address some aspects of
business ownership, our clients benefit from the guidance of an experienced professional who
can assist them in determining which business entity type may be the most appropriate, and
even further, ensuring that they have the proper formation and operational documents in place
once it is established. In addition, clients will likely need to be educated about proper
management and any filing requirements associated with entity ownership.

Liquidity for Minor Beneficiaries

Planning for minor children is often at the top of our clients’ priority list. Trusts are often a great
tool to create a plan for minor children in the event of a client’s death. This form of planning
involves examining a client’s assets and ensuring that there is an available source of liquidity to
fund the trust for the benefit of these children.

We Are Thankful to Have a Go-To Person

We are thankful to have you as a part of our incredibly valuable network. We appreciate the
contributions you make to ensuring that our mutual clients have a comprehensive plan for the
future. Our world is constantly changing, prompting clients to have evolving concerns that need
to be addressed by knowledgeable professionals. Having knowledgeable professionals like you
allows us to be the go-to person when clients call us looking for guidance. Thank you for being a
part of our network, and we look forward to continued opportunities to collaborate to better serve
our clients.