Wealth Transfer

Congratulations! You’ve worked hard your entire life to build a significant amount of wealth.  You’ve been able to stay retired, possibly helped your kids with their first homes, and even put away money for your grandkids.  What are some of the next steps and ways to protect your family’s wealth?  Now is not the time to drop the ball and let the IRS or government determine what is best for your family.

Proper estate planning and wealth transfer involves a team approach.  For many people, these are very private issues and new concepts.  PMG Wealth Management is trained to coordinate the different areas of people that need to be involved in a professional, private manner.  We can work with your team of professionals or introduce you to our network.

Some of the areas we discuss during the Wealth Transfer stage include:

• Wills & Trusts
• Trust Services
• Estate taxes
• Current tax law and planning strategies
• Beneficiary designations and their importance
• Probate
• Gifting strategies
• Long term care and Life Insurance
• Powers of Attorney & medical affairs
• Benefits of charitable gifting
• When to use a corporate trustee

Do you have assets in which you would like to protect for your adult children or grandchildren?  Maybe you’re a future beneficiary and are concerned of your parents Wealth Transfer strategy.  For more information or to schedule an appointment please contact us or call at (847) 550-6100.