Estate Planning
Effective estate management enables you to manage your affairs during your lifetime and control the distribution of your wealth after death. An effective estate strategy can spell out your healthcare wishes and ensure that they're carried out—even if you are unable to communicate. It can even designate someone to manage your financial affairs should you be unable to do so.
Our Estate Planning Process
Estate Planning addresses many complex areas of your life: Assets, business, investments, personal intentions
By reviewing these factors, Lakeridge Wealth Management assists clients in identifying tax-efficient strategies for wealth transfer, aiming to reduce the financial burden on beneficiaries. This process may involve establishing revocable or irrevocable trusts, which can help manage asset distribution while also offering privacy and protection from probate.
Dependable Estate Planning
Lakeridge Wealth Management’s estate planning services are rooted in a client-first approach, ensuring your unique family dynamics, financial goals, and personal values are reflected in every aspect of the plan. Estate planning goes beyond preparing documents; it’s about creating a robust strategy that protects your wealth and preserves your family’s future.
Customized Estate Plans
Our team recognizes that every family has unique needs, whether it involves caring for a loved one with special needs, protecting business interests, or addressing charitable intentions. Lakeridge Wealth Management works closely with clients to design special needs trusts and charitable giving plans, offering clients the peace of mind that their loved ones will be supported, and their philanthropic wishes fulfilled.
Estate Planning for Business Owners
Business owners often encounter unique challenges, particularly in succession planning. Lakeridge Wealth Management’s estate services provide guidance to business owners throughout the transition process, helping to facilitate a smooth continuation of the business for future generations. These services include:
- Structuring business exit strategies.
- Minimizing tax liabilities.
- Helping clients identify and prepare successors.