Receiving a windfall of assets—whether it’s cash, investments, real estate, personal property, or even a business—can be both exciting and overwhelming. The responsibility that comes with managing a significant inheritance often brings numerous challenges, including emotional, legal, and financial complexities. We’re here to help you navigate these challenges with confidence and clarity, helping ensure that your newfound wealth is preserved and aligned with your long-term goals.
Our services include:
The first step in managing an inheritance is understanding exactly what you’ve received. We work with you to create a detailed inventory of all inherited assets, including cash, securities, real estate, personal property, and business interests. This process helps clarify the scope of your inheritance and lays the groundwork for informed decision-making.
Deciding how to distribute and manage inherited assets can be complex, especially if there are multiple beneficiaries involved. We collaborate with you to develop a distribution strategy that respects the intentions of the original owner while meeting your current and future needs. This may involve transferring assets, liquidating certain investments, or creating trusts to manage wealth distribution over time.
If your inheritance includes investment assets, we help you assess their current performance and potential for income generation. We provide tailored investment advice to help ensure your portfolio is well-diversified, aligned with your risk tolerance, and positioned for growth. Whether you’re looking to generate income, preserve capital, or achieve long-term growth, we’ll develop an investment strategy that supports your financial goals.
Inheritances often come with significant tax implications, including potential estate taxes, capital gains taxes, and income taxes. We work with tax professionals to create strategies that minimize your tax liability, helping ensure that you retain as much of your inheritance as possible. This may involve structuring the sale of inherited assets, timing distributions, or utilizing tax-advantaged accounts.
Protecting your newfound wealth from unforeseen events is crucial. We assist in evaluating and updating your insurance coverage, including life, property, and liability insurance, to help ensure that your assets are adequately protected. Additionally, we explore strategies such as establishing trusts or legal entities to shield your wealth from creditors, lawsuits, and other risks.
With your inheritance now part of your estate, it’s important to plan for how you’ll pass on this wealth to future generations. We help you develop a comprehensive estate plan that reflects your wishes so that your legacy is preserved. This includes the creation of wills, trusts, and powers of attorney, as well as planning for charitable giving if that aligns with your values.
If your inheritance includes a business, managing and potentially growing that enterprise can be a significant challenge. We provide guidance on business continuity planning, succession strategies, and potential exit strategies if you choose to sell or transfer ownership. Our goal is to ensure the business continues to thrive, whether under your management or through a carefully planned transition.
Inheriting wealth can be an emotionally charged experience, especially if it follows the loss of a loved one. We offer compassionate support and a structured decision-making process to help you navigate the emotions involved. By providing clear advice, we empower you to make decisions that are both financially sound and aligned with your personal values.
Depending on the complexity of your inheritance, we may collaborate with other professionals, such as estate planning attorneys, tax advisors, and real estate agents. This multidisciplinary approach is designed to ensure that all aspects of your inheritance are managed effectively and that your wealth is preserved and protected for the long term.
- Our expertise
Navigate inheritances, caregiving, divorce, blended families, and spousal benefits
Strategic, tax-efficient investment strategies with forward-thinking insight
Comprehensive guidance on investments, taxes, estate planning, insurance, and philanthropy
