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ESTATE PLANNING

MULTI-GENERATIONAL 

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Our multi-generational financial planning approach seeks to provide you with the clarity, confidence and guidance you need to plan for the responsible stewardship of your family’s wealth over generations. Providence Private Wealth will work with you and your spouse on an ongoing basis to develop investment strategies that seek to:

  • Ensure that retirement income keeps up with inflation

  • Develop strategies for mandatory IRA withdrawals

  • Address the rising cost of medical and long-term care 

  • Provide the surviving spouse with personal, caring assistance in managing investments 

  • Address education objectives for children and grandchildren

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We will also establish a working relationship with your children, and grandchildren to help them

  • Analyze 401(k) plan options and implement strategies to grow these plans 

  • Evaluate mortgage-refinancing options that may substantially reduce mortgage payments

  • Asses and implement attractive stretch IRA provisions 

  • Review company stock option plans and develop an option exercise strategy.

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We will also review or develop an estate plan that seeks to simplify the transfer of your estate to family members. We will work with your other professional advisors, including your CPA and attorney, to ensure that all necessary estate-planning documents are in place, and that a plan is effectively coordinated and implemented on your behalf.

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*The term "stretch IRA" is a marketing term used to describe an IRA that is set up to extend the period of tax deferred earnings beyond the lifetime of the individual who created the account . The accounts are typically designed to last over multiple generations.

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The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. 
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SSecurities offered through LPL Financial. Member FINRA/SIPC. Investment advisory services offered through NewEdge Advisors, LLC, a registered investment adviser. NewEdge Advisors, LLC and Providence Private Wealth are separate entities from LPL Financial.

 

The LPL Financial registered representative associated with this website may discuss and/or transact securities business only with residents of the following states: AZ,FL, GA,IL,IN,MI,MN,NC,NJ,NV,PA,TN,WI,CA

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NewEdge Advisors, LLC (“NewEdge Advisors”) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where NewEdge Advisors and its representatives are properly licensed or exempt from licensure. This website is solely for information purposes. Past Performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by NewEdge Advisors unless a client service agreement is in place.

 

The content of this website is developed from resources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult your legal or tax professionals for specific information regarding our individual situation. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security.

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