At FDP Wealth Management, we’re committed to helping you transfer your hard-earned wealth in a manner that is in keeping with your priorities, sustains healthy relationships and adds value to your beneficiaries. Legacy Planning is the third stage of the FDP Wealth Life Cycle™.
Clients are encouraged to involve multiple generations of their family in the process and to work together to develop a legacy plan that ensures that wealth is preserved and transferred as desired.
The primary goals of legacy planning concern:
- Your financial security
- Effective management of your estate
- Protecting your estate
- Minimizing taxes on your estate
Legacy planning involves developing a strategy to balance the need to maintain your current cash flow and lifestyle while also addressing your desires to leave a legacy. We consider instruments such as charitable remainder trusts, charitable gift annuities and charitable pooled income funds to assist you with your cash flow needs; we can also help you with charitable lead trusts and developing family foundations and endowments.
Learn more about: Asset Management | Retirement Solutions