4 Tax-Efficient Strategies to Transfer Wealth

What are some strategies that you can implement to transfer wealth in a way that helps avoid taxes?
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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.

[@justmyopinion4now]

Love your Jagermeister Metal shot glass in the book shelf.

[@mlee1308]

Great subject!!!!, thank you

[@mikeanderson2655]

Would be interested in hearing more on this topic, eg prepaying funeral expenses, educational savings for grandchildren, $50k gift tax limit changes in the democratic tax proposal, etc.

[@justinfreeman3633]

are trusts not part of you plan?

[@bigtoeknee11]

If you wind up going into LTC for a prolonged period Medicaid will recover their cost from the sale of your home. That's 1 way of avoiding taxes I guess lol