Affluent and Suddenly Affluent

How Can You Preserve Your Estate For Your Lifetime And For That of Your Loved Ones?

Affluence should be a truly liberating experience.  Unfortunately, the reality can add more complexities that can increase worry and concern.  This cannot help but detract from life quality.

Questions often arise such as:

• How can we preserve our assets from market volatility and economic changes?
• How can we protect against liability exposure?
• How can we control our income tax burden?
• How can we preserve our wealth as it passes to the next generation? (see ILIT as an Effective Estate Planning Tool)
• How can we assure our heirs act as responsible stewards?
• How can we orchestrate all of our advisors to work together smoothly and harmoniously with the least amount of time burden on us?
• How can we balance our philanthropic interests with our legacy goals, supporting our heirs and securing our future lifestyle?
• How can we optimize the impact of our philanthropic efforts and support?
• How can we gain a better sense of control over our financial matters without feeling overly burdened?

The fact is, over 70% of family wealth management plans fail.* Common reasons include inadequate tax planning, liquidity issues, conflict between heirs and a failure to continually re-evaluate the most advantageous techniques as they become available. Our published article,  “Wealth Transfer Failure And How To Avoid It.” can help you avoid becoming another statistic of wealth transfer failure.

Ultimately, the legacy that you pass along to the next generation is much more than tangible assets such as investments, a family business, or real estate.  It is the transference of your “values” that is crucial.  And that is based on effective communication between the generations. For our clients, we facilitate those vital discussions through a variety of specific techniques.

On the other hand, creating systems to effectively manage these issues can enhance the confidence that you are doing the best for yourself and your heirs. And that can be a truly liberating, life quality enhancement.  Besides freeing you of concern, it can also relieve your time burdens, so you can enjoy those interests and activities that bring you the most satisfaction.

Discover how Kauffman Wealth Services’ extraordinarily personalized approach to financial planning and management can help you on the road to a Life Well Lived.

Pasadena: 626.795.6874
Santa Barbara: 805.969.5444
Toll Free: 866.467.8981
Email:  contact us here

*”Preparing Heirs: Five Steps to Successful Transition of Family Wealth and Values,” by Victor Preisser and Roy Williams