Advanced Strategic Planning
Why is planning so important?
In Which Family Would You Like to Be?
Imagine two families, each with a current $8 million estate that grows to $17,600,000 over the next ten years with sound investing. Great investing alone can not fully protect family assets.The family without advanced strategic planning in place will pass $11,255,000 to heirs at their passing, but the family with advanced strategic planning will pass over 35% more, at $15,244,651 (see figure 1).
The reason? Lack of planning exposes the family without planning to $6,345,000 in federal estate taxes, while the family with advanced strategic planning pays only $1,147,734, a reduction of nearly 82% (see figure 2).
Based on an initial $8 million estate...
This is a hypothetical example for illustrative purposes only. This does not represent any specific client experience.For a complete explanation of how your family can benefit from this information, visit with our Advanced Strategic Planning team.