Does your net worth exceed $5 million? You may have some unique challenges regarding your financial well-being. The advisors at Peterson Wealth Services understand the concerns that you may experience. These might include income tax minimization, portfolio diversification, asset transfer, protection from legal liabilities, and catastrophic loss.
High Net-Worth Families
Estate Planning
- Create necessary planning documents such as Will, Trust, POA and Medical Directives.
- Name successor Trustee to handle your affairs after you are gone.
- Retitle your assets to avoid any possibility of probated estate.
- The advisors will prepare an overall estate summary along with specific recommendations to minimize or eliminate estate tax such as charitable gifting, life insurance, and various trust strategies.
Build Your Professional Team
- Hire an advisor or firm that will help quarterback your planning needs.
- Work with a proactive CPA to assist with your tax situation.
- Engage with an Estate Attorney to execute your essential documents..
Consolidate Investment Holdings and Establish Withdrawals
- Simplify management, reporting and tax documents.
- Design tax efficiency plan to replace unproductive assets with those providing better sustainability and likelihood of meeting goals.
- Enhance return on liquid cash.