Legacy Planning

Legacy Planning

Stock Savvy Academy’s Legacy Planning course is designed to help individuals, families, and wealth managers develop comprehensive strategies for preserving wealth across generations. This course offers deep insights into legacy planning, covering everything from estate management and asset protection to succession planning, allowing participants to structure financial assets in ways that support long-term family goals and secure a meaningful legacy.

Introduction to Legacy Planning

• Understanding the basics of legacy and estate planning, its importance, and how it goes beyond simple wealth transfer.
• Identifying key components, including wills, trusts, charitable giving, and family governance.

Building an Estate Plan

• Step-by-step guide to creating a detailed estate plan, including asset inventories, beneficiary designations, and setting up guardianship (if needed).
• Legal aspects and tax considerations in estate planning.

Trust Structures and Their Benefits

• Overview of different types of trusts (revocable, irrevocable, charitable, family, etc.) and when to use each.
• Using trusts to minimize estate taxes, provide asset protection, and control asset distribution.

Wealth Transfer and Succession Planning

• Strategies for transferring wealth efficiently and sustainably, including generational wealth transfer and succession planning for family-owned businesses.
• Creating a succession plan that aligns with family values and long-term business goals.