LIFE&Health Advisor: A New Year's Resolution to Legacy Planning
With the New Year here, more investors are thinking about the future. According to industry expert and Jefferson National’s CEO Mitch Caplan, “Legacy planning should now be top priority for advisors.” In a recent LIFE&Health Advisor article, Mr. Caplan explains why the most successful advisors this year will focus on tax-advantaged legacy planning solutions and how the “great wealth transfer” can be less taxing for clients.
Mr. Caplan’s article outlines “The tax-advantaged Trust,” “Funding Trusts with IOVAs to Accumulate More” and “Capitalizing on Asset Location.” He discusses the unique approach to legacy planning that can minimize the impact of taxes on trust income and help clients accumulate more wealth.
By helping clients control how much is paid in taxes – advisors can effectively create more wealth for their clients, their clients’ heirs and causes that matter to them most. Not only in this New Year, but for many years ahead.
Read more on Mitch Caplan’s approach to legacy planning, here.