Preserving wealth from one generation to the next can be complex and time-consuming. Guidance from a competent, experienced advisor can go a long way toward helping make sure your financial success is shared with your family members and the organizations you designate, according to your wishes.

We will help you articulate your estate planning goals and we will work closely with your tax and legal advisors to ensure your financial plan reflects your estate planning needs. Or, if you prefer, we can provide our own team of professional advisors adept at the intricacies of estate and tax planning. Whether you use a trust or another method for accomplishing your long-term estate planning goals, we can assist you in navigating today’s complicated tax and estate laws.

Captive Insurance Plans

Waterfront Financial Group is adept in structuring captive insurance strategies. An Estate Planning Captive (EPC) is a type of captive insurance plan structured for the purpose of transferring a portion of the estate of the principal owner(s) of a closely held corporation to the heirs at personal tax rates, rather than at higher estate tax rates. Another key benefit involves capturing a current year tax deduction for policyholders.

Our experienced advisors will work with you to determine if a captive insurance strategy is right for you and how you and your business may benefit from this type of arrangement.

Legacy Planning and Charitable Giving

Planning your legacy involves far more than financial considerations. Legacy planning often includes many non-monetary considerations that need to be documented or communicated to loved ones.

Charitable Giving is one aspect of legacy planning that many individuals and families embrace. It can also provide tax benefits for you and your heirs. We conduct a full assessment of short- and long-term tax and estate planning implications to help you achieve your specific objectives.