Multigenerational Family Unity and Prosperity

August 2019  By: JULIA BUTLER, CFP®, JD, MBA, CFEI

If you could see your children, grandchildren, and great-grand children together at a family gathering 50 years from now, what would you want to see and hear? Many would answer with phrases like “family unity,” “individual accomplishment,” “family members living full productive lives,” “prosperous,” and “community involvement.”  Most parents would like to see that the…

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Establish Trusts to Create Peace of Mind


I recently had an older client with a significant net worth who spent most of his life in good health, but experienced a severe mental decline in his final years. Unfortunately, he never set up a trust to protect his assets, so it became challenging to look out for his best interests using only a…

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What to Do When a Loved One is Diagnosed with Dementia


We have seen an increase in the number of our clients or their parents suffering from dementia.  According to the Alzheimer’s Association, there are just under 6 million Americans living with Alzheimer’s and this figure is expected to grow to nearly 14 million in the next 30 years.  As we continue to live longer, the…

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7 Considerations for the Multigenerational Transfer of Wealth

March 2019  By: MALCOLM BUTLER, JD

Congratulations on becoming a grandparent! By any measure, this is an exciting, rewarding time. This life change also offers the opportunity to revisit your estate plan to determine the best ways to “pay it forward” for your grandchildren. What should you keep in mind when planning to share your wealth with future generations? How can…

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Hiring a CFO to Manage Your Family’s Wealth

December 2018  By: JOEL GOODMAN, CFA

As you accumulate significant wealth, your financial world becomes increasingly complex. Your wealth may include not only stocks and bonds, but also private equity investments, real estate and perhaps a family business. Your estate plan may be complicated as well and may include a private foundation. At some point, high-net-worth individuals may find their attention…

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How a Trust Can Protect Your Family from Themselves

November 2018  By: MALCOLM BUTLER, JD

You’ve worked hard to build wealth. You have more money than you will need in your lifetime and you want to ensure your assets will benefit your family once you’re no longer at the helm. One way to do this is to leave your estate to your loved ones through a will. Even though our…

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Estate Planning For Life!

October 2017  By: JULIA BUTLER, CFP®, JD, MBA, CFEI

Estate planning is really “transfer planning.” It is an ongoing exercise of planning how you accumulate, conserve, and distribute your assets during life, at death, and beyond. There are both financial and non-financial reasons to plan. These range from minimizing income and estate taxes, preserving business value, maximizing benefits for a surviving spouse, protecting against…

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The Benefits of Trusts


Trusts can serve many purposes in a family’s financial, retirement, estate, and tax planning. Trusts can ensure that assets are professionally managed across generations and distributed in line with the grantor’s intentions. Trusts can, among other things, remove assets from one’s estate, carry out charitable intent, reduce income taxes, protect beneficiaries from spendthrift propensities, protect…

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Gift and Estate Planning


Whenever you transfer assets to another person, whether during your lifetime or at death, there are potential federal and state tax consequences. Good financial planning can help minimize taxes and also help you better accomplish your gifting objectives. Although most households will not face Gift and Estate Tax due to the current high Applicable Exclusion…

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Legacy Planning

January 2016  By: JULIA BUTLER, CFP®, JD, MBA, CFEI

Within the last year, my husband and I revisited our estate plan. In the end, we felt confident that we’d accomplished all the usual objectives—protecting and preserving financial assets for future generations, minimizing taxes, and so forth. But recently a colleague introduced us to another concept we had not really addressed in planning for our…

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