Where Smart Money Goes.®
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Where Smart Money Goes.® |
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Wealth Transfer, Legacy Planning, & Charitable Giving It takes planning to coordinate and execute an orderly wealth transfer strategy. Yet, 50% of affluent investors are not prepared to pass on their wealth to their heirs. There are both financial and personal reasons to start your legacy planning now. Financial reasons include minimizing tax and legal fees, but there are personal reasons as well. Your estate plan can be designated to support people and causes that you care about long after you are gone. Legacy planning creates peace of mind knowing that you have created a legacy that you are proud of and that you have taken care of your loved ones. Wealth transfer planning is the next logical step after creating a formal estate plan and financial model. Financial estate planning identifies what you will have left to leave behind. Wealth transfer, legacy planning and charitable giving determine how those assets will be put to use. What are your legacy priorities? These may include an equitable distribution to children or grandchildren, planning for the preservation of your art collection, creating an endowment or foundation to foster your interests, or establishing a trust to take care of future generations. Whatever your priorities, we will create a 100-year plan that has corporate-inspired guidelines, in which we treat your estate as a business division with emphasis on family mission statements, governance structures and communication directives. This provides a framework that facilitates your future generations' ability to interpret your legacy directions, investment involvements, and transfer decisions. We assist our clients with a full range of legacy planning options, including establishing trusts, endowments, foundations, estate planning, and philanthropic giving. All of our legacy planning involves tax efficient strategies. By leaving your hard-earned wealth to your heirs, you give them a big responsibility. At Karmikel Investments, we help our clients to not only transfer assets, but also provide the knowledge that is needed by their heirs to handle it. Karmikel Investments succession planning provides a straightforward and efficient way to transfer wealth from one generation to the next. Our wealth transfer plans ensure that you are in control of the timing and magnitude of your wealth transfers. Copyright © 2008 Karmikel Investments - ALL RIGHTS RESERVED
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Active vs. Structured Management Wealth Transfer, Legacy Planning & Charitable Giving
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