How can you leave more wealth to the people you love and the causes you care about and less to the IRS?
We offer a host of planning techniques and structures to help high net worth families transfer assets to future generations and philanthropic causes, foundations, etc.
How can you leave more wealth to the people you love and the causes you care about, and less to the IRS?
We offer a host of planning techniques and structures to help high net worth families transfer assets to next generations and philanthropic causes, foundations, etc.
I Am Interested In Leaving More To Causes I Care About And Leaving A Philanthropic Legacy
This is Reg speaking personally:
I have a deep abiding interest in philanthropy and helping clients to realize the magic of making a difference in other's lives. My wife and I started a foundation 14 years ago and it has been a life-changing experience. (see Trauma Institute if you are interested in our work in Israel).
In 2006, I founded a consulting service 'Cultivating Your Legacy' to help people explore how to use their wealth to have an impact on the world. Please go to the website Cultivating Your Legacy and enter your information to allow us to be in touch with you.
Leaving More To Philanthropy And More For My Heirs
You can achieve the greatest tax efficiency and leave more to both heirs and for society.
EPIC Wealth Advisors, Inc. has access to some proprietary approaches for people wishing to maximize wealth to heirs and philanthropy. 'The Doubler'.
This will result in short term and long term tax advantages and is a win-win for your family, yourself and the future we bequeath to the next generations.
Contrary to conventional investment theory, it is possible to increase total after tax return while reducing risk.
We employ a truly diversified approach to portfolio risk management that looks nothing like the conventional buy and hold wire-house model.
Our goal is active low-volatility, low/medium risk, multi-manager strategies of true diversification with low-correlation to the traditional benchmarks. This allows for capturing returns with less downside risk exposure.
Insured Tax-Deferral Strategies
The purpose of insured strategies for Ultra High Net Worth clients is to reduce taxes and provide unique and predictable net present value discounts.
It is axiomatic that dramatic increases in yield are achieved by the compounding returns of deferring tax on investment growth.
This is even more impactful for High Net Worth clients because UHNW are generally in higher income and estate tax brackets and UHNW have longer time horizons for compounding (multi-generational in many cases).
The IRS code allows for a wide variety of tax deferral strategies within the code section of 'insurance'.
The creative integration of these insurance structures with our unique approach to 'risk management' provides our clients with a unique blend of 'safe creative tax benefits' and 'proven risk management' investment strategies.
- Unique investment risk-management strategies
- Efficient tax reduction management through the creative use of tax deferral structures.
The goal of all clients is the simple one of reducing tax on ordinary income. Most people don't get past the conventional techniques below. Creative use of advanced techniques can have powerful impact on taxes.
Qualified Plans: IRS Section 400
Advanced EPIC Wealth Solutions
Entity structuring (multiple entities, owners, use of family members, non-profit entities, etc).
Creative use of charitable structures and entity structuring
Captive insurance companies
Intergenerational loans and financing with charitable planning
Variety of structures and applications under IRC Section 72 & 7702
How can you reduce the taxation on passive investment income that you don't need for living expenses? For high income and high net worth clients, this is a major irritation. A 6% portfolio investment return is reduced to a 4% net return because of taxes on passive income. This is a 30% reduction in after-tax total return.
The feeble argument by investment brokers is tax efficient harvesting of losses. This is a no brainer. You only have tax efficiency because they lost money and are trying to make a silk purse out of a sow's ear.
Advanced EPIC Wealth Solutions
Completely legal tax deferral structure to allow all gains to be deferred until withdrawn. This can continue into second generation.
Completely legal tax deferral structure to allow all gains to be deferred and principle and gains to be accessed and distributed non-taxed.
Completely legal tax deferral allows all gains to be deferred for multiple generations, with proceeds taxed when distributed.
Sellers of buildings, businesses, art or appreciated stock looking to re-allocate would like to 'defer' the tax on the sale.
Real estate 1031 exchanges allow for replacing property A with property B, but doesn't allow the seller to be free of real estate and the headaches of management. Our solutions will allow him to 'cash out' and re-invest 100% of the proceeds.
Advanced EPIC Wealth solutions
Defer tax on gains, have cash to re-invest under your control, asset protected and the re-invested proceeds grow tax deferred until withdrawn.
This is a proprietary technique.
There are two ways to reduce the cost of paying estate tax:
- Reduce the value of the taxable transfer (so the taxable amount is less).
- Reduce the 'cost' (net present value of the ultimate payment) of paying the tax at the time it is due.
A variety of traditional estate planning techniques involving discounted gifts, inter-generational loans, GRATs, GRUTs, QPRTs, life insurance, etc.
Advanced EPIC Wealth Approach
Our plan is to
- Reduce taxes during your lifetime and
- Leave greater wealth to your heirs and
- More money to benefit the causes you care about.
We accomplish this through a combination of
- Entity planning to reduce current income tax, tax on passive income and estate tax.
- Philanthropic structures to allow your legacy to impact for one or more generations.
- Investment planning integrated with insurance structures (not life insurance).
Creative tax planning is a central core of our approach to wealth management, inter-generational wealth transfer and increasing total after tax return.
The greatest single factor that increases long-term yield is the ability to defer, reduce and eliminate taxes. Over decades, tax efficiency is the most powerful tool that we have. There are different techniques available for different tax situations.