You’ve worked hard and sacrificed to build wealth. Estate planning can help ensure it sticks around after you’re gone.
Good estate planning can help you protect assets, minimize taxes and transfer your wealth as tax-efficiently as possible to the next generation or to your favorite causes.
But as with other disciplines, one size does not fit all. So, at Holland Capital Management, our financial planner will coordinate with hand-picked specialists to help you get the best estate planning possible. Instead of simplistic strategies, we’ll help you determine what approaches might work best and provide the best results for you and your family.
These may include setting up a trust, use of insurance-backed strategies, or tactics to maximize tax benefits from your charitable giving. Whatever your goals, we’ll help you find efficient and tax-favorable ways to accomplish them.
Why Estate Planning Is Important
Without proper estate planning, affluent people can risk losing a big chunk of their wealth to estate taxes. That’s why cookie-cutter estate planning doesn’t work and can result in costly mistakes discovered only after you’re gone.
Instead, you need a carefully crafted estate plan that helps ensure your wealth is passed along as tax-efficiently as possible. Fortunately, the U.S. tax code is full of ways to achieve that when applied properly. At Holland Capital Management, we work with handpicked outside estate planning specialists so you can get the best advice possible.
Our assembled team will work closely with you to help ensure that your estate plan accomplishes your wishes in the most tax-advantaged way possible.
What We Can Do For You
Our Estate Planning services are comprehensive and designed to meet the needs of high net worth families and business owners.
- Estate planning basics. We can work with you and your attorney to help you establish the appropriate estate planning documents, including wills, living trusts, powers of attorney and healthcare directives.
- Finding the best strategies to achieve your goals. Whether you want to pass your wealth to family, friends, or your favorite causes, there are a myriad of strategies available in our tax code. We’ll work with your estate planning attorney and bring in specialists as needed to help you find the strategies that will achieve your goals most tax-efficiently. We can also help you evaluate strategies for asset protection or other objectives.
- Considerations for dependents needs. A well-thought-out Estate Plan will ensure that all of the needs of your dependents (be they minors, adult children, siblings, persons with special needs or aging parents) are taken care of in accordance with your desires. We can help you structure arrangements for any of these situations.
- Trust administration. If your estate plan includes a trust, we can coordinate to have a specialist take care of ongoing administration for you. That can ensure compliance with regulations and alleviate any headaches of you having to manage that function.
- Education for your heirs. You’ve probably seen the statistics suggesting that 90% of wealthy families lose their wealth by the third generation. We can assist by organizing and attending family meetings or helping to coordinate heir education to help put the odds back on your family’s side.
