Legacy Financial Advisors in Portland, Oregon
What Is Legacy Planning and Why Is It Important?
Legacy planning aims to help you organize your assets to ensure they are distributed to your next of kin as you deem fit when you pass on.
Legacy planning solutions have numerous benefits, including:
- Having total control over who inherits your assets
- It reduces the beneficiaries’ tax burden
- Eliminates family disputes related to wealth distribution if you are incapacitated or deceased
- Making sure your death wishes are upheld
Why People Hire Us
How Can IWA Help?
We are a financial management firm with deep-level expertise in legacy wealth planning, which we leverage to elevate your future financial well-being. We offer thoughtful advice and will put smart structures in place to protect what you have toiled hard for over the years.
The services we offer include:
- Wills and legacy planning: we will come up with a holistic plan, collaborating with your lawyer and accountant to make sure your assets are well managed during retirement and distributed as you wish at death.
- Business legacy planning: a legacy financial advisor will help you implement the right strategies to turn your business into a legacy, not letting your tears, blood, and sweat go to waste.
- Legacy tax and financial planning: We will take a holistic look at the tax scenarios impacting your wealth, making wise estate decisions to ensure your beneficiaries pay the lowest possible tax bill.
What You Need to Know about Legacy Planning
As a company or family wealth owner, you cannot be certain that future generations will uphold your legacy. Wealthy individuals cannot also be sure that their assets will be transferred dispute-free or whether their next of kin will adequately manage what they leave behind.
Not unless you create a comprehensive plan.
Legacy estate planning services are vital if you want your legacy to be lasting for decades after you die. It is a wise move that guarantees adherence to all your instructions regarding managing and transferring your properties.
However, you must understand that family legacy planning can be complex, especially for people with a huge asset portfolio. And here is where we come in.
Interactive Wealth Advisors help people who have accumulated significant assets over their working life create legacies. We will work our fingers to the bone to make sure you are remembered long after you are deceased.
For successful asset protection planning, we will::
- Organize your wealth in classifications, for example, crypto wallets, real estate, investments, and bank accounts
- Help you appoint an executor: The person who makes sure the will is followed to the letter
- Seek to know the specific assets to transfer to each of your beneficiaries
As the wise saying goes, failing to plan is planning to fail. By not planning your legacy, you risk:
- Your hard-earned wealth not reaching its intended beneficiaries or falling into the wrong hands.
- Family fighting over assets, which can have costly financial implications.
- Prolonged probate, which is time-consuming
- The court determining the transfer of assets, decisions that may be contrary to what you would have wished.
Who Is It For?
Legacy financial solutions are perfect for:
- People approaching retirement
- People who own businesses
- Those that have assets that need management after they retire or pass on
- People that want to have a say in the allocation of the wealth they leave behind
Why Choose Us as Your Legacy Wealth Planning Advisor?
As one of the most reputable estate planning experts in Portland, we help our clients wisely plan the future of their loved ones; a future where their assets are left in capable hands and their legacy lives a lifetime.
So, why choose us?
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We offer personalized services
Every soon-to-be retiree has unique financial goals, so we highly focus on offering personalized legacy estate solutions. During the initial retirement plan consulting session, a financial expert will carefully listen to your money goals, developing the right strategies to maintain your current lifestyle post-retirement.
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We maintain the highest fiduciary standards
We are investment planning professionals licensed to work in the state of Oregon. The law binds us to uphold the client’s interests, and that’s precisely what we do. To ensure we maintain the highest ethical standards, we have built a culture of integrity, firmly standing by our commitment to our clients.
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We are client-centered
We value you and take a client-centered approach to service delivery. With us, it’s all about your financial needs, vision, and goals.
Furthermore, we understand what is at stake, and the registered investment advisor we assign you will first achieve a deep-level understanding of your finances before proceeding. That way, we can implement actionable legacy financial strategies that ensure your wealth is preserved and handed down to your preferred beneficiaries when the time comes.
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We are tax experts
Tax structures have steadily evolved over the years, adding layers of complexity around the subject. We understand this pain point, and our tax planning services in Portland, OR will help you navigate these complexities with ease.
Whether it’s taking advantage of tax reliefs or easing your beneficiaries’ tax burden, we have the legacy estate planning expertise to address any tax-related issues while adhering to State and Federal regulations.
5 Legacy Financial Strategies for Retirees
