Optimized Wealth

An Optimized Estate Plan typically shows a client how he or she can integrate a variety of customize planning instruments in order to: 1) Eliminate all estate taxes, 2) Minimize income taxes, 3) Maintain an accurate understanding of how planning strategies impact net worth and cash flow, 4) Achieve a variety of inheritance, cash flow, and other non-financial goals. Planners using "blueprint" software can illustrate year-by-year cash flows and action steps to help a client navigate through the confusing array of recommendations provided by tax lawyers, financial planners, accountants, money managers, insurance agents, and other advisers who need to consider all six sides of the tax planning puzzle. The estate optimization process considers many different combinations of legal tools under different tax and financial design assumptions to determine how a client can maximize after-tax lifetime income and/or testamentary transfers to heirs and favorite charities.