How can generational planning help secure your family’s wealth for the future?

Today on The Truth About Wealth, John and Michael Parise get together for a follow-up from the previous episode about upline generational planning.

This week, they explore two case studies: the first concerning a family business owner with asset protection needs due to the father’s illness and estate tax exposure, and the second involving a family’s desire to establish a philanthropic foundation.

The discussion covers the importance of estate planning documents, beneficiary designations, charitable trusts, and aligning philanthropic efforts with family values.

Talking points include:

• Case studies related to estate planning and asset protection
  
• The importance of involving multiple generations in the wealth planning process
  
• How to minimize tax exposure and protect family assets
  
• Charitable planning and the use of charitable remainder trusts
  
• The value of educating families about planning strategies and potential impact on taxes and wealth preservation
  
• And more!
  

Resources:

• Upline Planning: What it is & Why You Need to Do it (Ep. 120)
  
• Unpacking The Complexities of Roth IRAs With Chris Ruffino (Ep. 116)
  

Connect with John and Michael Parise:

• 856-988-8300
  
• Copper Beech Financial Group
  
• LinkedIn: John Parise 
  
• LinkedIn: Michael Parise 
  
• LinkedIn: Copper Beech Financial Group, LLC
  
• Facebook: Copper Beech Financial Group, LLC