Wealth Transfer Strategies You Should Put in Place Now

By identifying wealth transfer strategies to put in place now, you are setting yourself up for significant savings in the future.

Please keep in mind that every circumstance is different for each person.

The best way to make financial decisions for your future is to meet with a financial advisor in Northern Virginia.

Gifts of Stock

The recent market is providing for higher potential for appreciation allowing individuals and families to transfer and grow their assets.

You can use your annual exclusion to make gifts of stock.

This is a great strategy to implement now before large exemption amounts sunset and drop in the coming years.

Intrafamily Loans

Intrafamily loans are largely dependent on market interest rates and the corresponding IRS regulations.

Be sure to work with your financial planner to ensure that your loan documents are drafted accordingly so that there can be no misinterpretation of them as being gifts of stock.

The interests on these loans are taxed as regular income which is ideal for those buying a home and looking for down payment funds.

GRATs

A Grantor Retained Annuity Trust (GRAT) is a very popular option for many at the moment.

GRATs can be a very effective option for those looking to hold on to their long term appreciated asset as they can transfer it with the efficiency of both an income tax and a gift tax.

CLATs

Charitable Lead Annuity Trusts (CLATs) are split-interest trusts which have the purpose of transferring money to benefit a charity/heirs.

Schedule a Consultation for Wealth Transfer Strategies in Northern Virginia

If you are looking for wealth transfer strategies in Northern Virginia, the best decision you can make is to meet with your local trusted financial advisors at Argent Bridge.

Our team of professionals are dedicated to protecting and growing your assets so that you can sleep easy knowing that your money is protected.