| The following message is brought to you by our valued partner, WorthNet, LLC.
Dear Reader, Imagine getting a check every year – not from a job, not from an investment you manage, but from a decision someone made for you a decade or two ago.
One of my friends does...
As her mom wrapped up a long, successful career in finance, her attention turned to her own estate plan.
She’d seen a lot of successful plans in her day. And some mistakes.
She knew the risks of leaving behind a lump sum, potentially to someone young, not yet fully established, and in the midst of major life choices. Getting married. Starting a business. Pursuing an advanced degree. Having kids. And hopefully avoiding pitfalls like addiction, gambling, or overspending.
Life doesn’t always turn out as expected, no matter how well you prepare your kids.
So, instead of a lump sum, she created a trust – one designed to generate income every year, likely for her daughter’s life and beyond, from the interest it earns.
The purpose wasn’t to replace her daughter’s income. In fact, her mom was the biggest proponent in the world that she makes her own way... that being self-sufficient was key to becoming her OWN version of a smart, independent woman.
Instead, the trust was a safety net. Something extra to handle an emergency, take a family trip, or just breathe easier.
And there was another reason...
Years earlier, her mom had gone through a divorce. She remembered the strain of dividing up what they’d worked so hard to build.
Her daughter is happily married today, and her mom (who is healthy and living a long well-earned retirement) hopes it stays that way. But she also knows life can take unexpected turns.
So she set the money up to be virtually untouchable. Because a trust, executed properly, can act as a safety net for the unexpected.
That is... a lasting legacy that’s her daughter’s alone – and one day, her grandkids’.
That’s the power of thinking beyond “who gets what” in an estate plan...
It’s not just about dividing assets – it’s about building financial guardrails that protect the people you love, long after you’re gone.
That kind of thinking is exactly what our free upcoming Estate Planning Masterclass is about...
You’ll hear from estate-focused tax attorney and wealth manager Michael Parise, whose family firm has spent more than 40 years helping families go beyond the basics. He’ll share examples of plans that are designed to: - Help create income streams for future generations;
- Help reduce exposure to probate, and minimize tax liability; and
- Build in safeguards most families never consider.
[Reserve your free spot for the Masterclass here.] 
See you there,
Alex Daley
Managing Director, WorthNet
P.S. A well-built plan doesn’t just preserve wealth – it can turn it into a lasting gift that works for generations. In this masterclass, we’ll walk through strategies that are designed to keep more, give more, and pass more forward more. Reserve your spot here.
Banyan Hill Publishing and WorthNet, LLC, are related but separate, independently managed companies. WorthNet’s business is to solicit and refer prospective clients to select third-party investment advisers. Banyan Hill Publishing receives cash compensation to assist with promoting WorthNet, which creates a material conflict of interest. Banyan Hill Publishing is not a current client or investor of WorthNet. Additional disclosures.
WorthNet Disclosures: WorthNet, LLC ("WorthNet") is a Registered Investment Adviser. Registration of an investment adviser does not imply a certain level of skill or training. WorthNet does not provide personalized investment advice, manage investment accounts, or recommend specific securities. We operate solely as a Promoter of other investment advisers. All content provided is for educational and informational purposes only and should not be interpreted as investment, tax, legal, or financial advice. The views and opinions expressed by guest speakers or authors are their own and do not necessarily represent the views of WorthNet. Nothing herein constitutes an offer to buy or sell, or a solicitation to buy or sell, any security, investment strategy, or product. Investments involve risk and may lose value. Past performance is not indicative of future results. For more information see worthnet.com.
Copper Beech Disclosures: Securities offered through Osaic Wealth, Inc., member FINRA/SIPC. Investment advisory services offered through Copper Beech Financial Group, LLC, an SEC-registered investment adviser. Additional advisory services may be offered through Copper Beech Financial Group. Osaic Wealth is separately owned, and other entities and/or marketing names, products, or services referenced here are independent of Osaic Wealth. Copper Beech is not affiliated with Osaic Wealth, Inc. Neither Osaic Wealth, Inc., nor its representatives provide tax, legal, or accounting advice. Please consult your own tax, legal, or accounting professional before making any decisions. These opinions are subject to change at any time without notice. Any comments or postings are provided for informational purposes only and do not constitute an offer or a recommendation to buy or sell securities or other financial instruments. |
Post a Comment
Post a Comment