Estate Planning and Philanthropy
When considering your accumulated wealth, you want solutions to maximize a legacy for your family and the causes you are passionate about. Through a variety of techniques in advanced estate planning and philanthropy, we can help minimize taxes on your estate and create a legacy for generations.
Creating a Customized Estate Plan. GC Asset Management will talk with you about what you want to accomplish with your estate planning, focusing on your personal feelings toward lifestyle, philanthropy and providing for your family. This careful conversation forms the basis of diligent analysis and ultimately a customized financial road-map.
Working with you and your other experts, we will explore implementing a customized strategy of estate planning and philanthropy through such options as trust mechanisms and family foundations, making every effort to minimize risk and maximize tax-efficiency. Through our breadth of experience, GC Asset Management is well positioned to provide continuity and oversight to ensure your wishes are looked after.
Using Advanced Estate Strategies. Tax-efficient estate planning requires a clear knowledge and application of advanced tools ensuring they work together now and through the years ahead. GC Asset Management can help you understand the full range of strategies to address your complex needs.
- Revocable Living Trust
- Credit Shelter Trust
- Charitable Remainder Trust
- Charitable Lead Trust
- Gift Trust
- Family Foundation
- Family Limited Partnership
- Grantor-Retained Annuity Trust
Advanced Estate Tools
Additional Planning Factors. Comprehensive estate planning considers many additional factors beyond estate tax planning strategies. Wills, health care directives, durable powers of attorney and business succession planning should be in place as you develop a comprehensive financial and tax strategy. As with most things, planning early is better.
Philanthropic Interests. If you want to include philanthropy as a component of your wealth plan, GC Asset Management can explain many options for philanthropy, and illustrate the effects of various giving techniques.
- Direct Giving
- Charitable Foundation
- Charitable Remainder Trust
- Donor Advised Fund
- Pooled Income Fund
Working with GC Asset Management and your other experts we can generate customized scenarios demonstrating the wide range of estate planning tools at your disposal and their benefits to your particular situation. We can also prepare a customized analysis highlighting opportunities for minimizing estate and income taxes.
Whether you’re goals are oriented on a specific financial objective, maintaining a comfortable retirement, or planning your estate for future generations, financial planning is complex. At GC Asset Management, we don’t just limit our advice to the investment accounts we manage.
Whether you’re preparing for retirement or already in it, you probably want confidence that your plan is positioned to sustain the retirement lifestyle you envisioned. For many people, leveraging the right resources can significantly improve their outlook for income, expenses and investing in retirement.
Our philosophy of active management is at the core of managing risk and reward. We pride ourselves on rules-based investment selection, multiple risk controls, and the ability to move to cash. The benefit for you is superior risk adjusted returns across an entire market cycle.
Higher Education Savings
Education can be a core investment in future success. Over the past decade while investments have fluctuated the cost of a college education has increased at a rate higher than inflation. Finding smart ways to fund this major investment can pose significant challenges.
Risk Management & Insurance
Many circumstances have the potential to cause greater damage to the security of your assets than investment risk. Planning for the potential of litigation, an untimely death, disability, long term care, or catastrophic business event should be a critical component of your wealth management.
Tax Planning for High Income
The tax consequences of your financial decisions made today can affect the lifestyle you and your heirs enjoy in the years to come. That’s why it’s important for your wealth management plan implement strategies that assess the impact of taxes to maximize their efficiency.
Business Wealth Solutions
Business owners and corporate executives often require comprehensive business wealth solutions. Tax-efficient conversions of concentrated stock, stock options or a majority business interest requires sophisticated strategies executed by experienced professionals.