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Estate Planning & Tax Strategies

Maximize Your Legacy with Expert Guidance and Efficient Tax Solutions

832-461-0789

Secure Your Legacy for Multi-Generational Wealth

Helping You Define Your “Why?”

Estate planning is a responsibility that extends across multiple generations, ensuring the longevity and protection of your assets. Rather than simply helping you answer the question of “Where do I want my stuff to go?”, we delve into the deeper and more complex concerns regarding the transfer of wealth. Our approach encompasses not only the distribution of your assets but also the preservation and growth of your wealth for future generations.

We work with you to create a comprehensive estate plan that addresses your unique goals and circumstances, considering aspects such as tax implications, legal requirements, and family dynamics. By focusing on the long-term impact of your decisions, we help you create a lasting legacy that provides financial security and stability for your loved ones. Our expertise in estate planning ensures that your wealth is transferred efficiently and in accordance with your wishes, giving you peace of mind and confidence in your financial future.

Our Philosophy

Commitment to Excellence

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At Granite Harbor Advisors, we focus on creating and preserving multi-generational wealth by understanding your family's unique goals. We believe wealth is more than just financial; it encompasses the values, traditions, and aspirations passed down through generations.

Our role is to be a vital link for families, ensuring the true purpose of your wealth is effectively transferred from one generation to the next. This involves managing finances and fostering communication about your family's legacy.

Collaborating with your estate attorney and tax professionals, we provide tailored estate and tax planning strategies to protect and preserve your wealth for the future.

Ultimately, we aim to help you leave a meaningful legacy that reflects your family’s values and aspirations, ensuring your wealth serves a greater purpose for generations to come.

Our Process to Estate & Tax Planning Strategies

Tailored Solutions for Long-Term Financial Security and Efficiency

Estate Planning

After thoroughly understanding the goals and objectives of your family, we engage in a collaborative process with all stakeholders to develop a robust "multi-generational" wealth plan. This involves conducting a comprehensive review of your existing strategies and documents, such as wills and trusts, to identify any inconsistencies with your stated goals. Working closely with trusted advisors, we help update or establish necessary strategies for gifting, sales, and asset coordination, including liquid investments, life insurance, and entity structures. Our dedicated team takes on the responsibility of coordinating these financial instruments designed to ensure seamless execution of your wealth plan.

Tax Planning

Our experienced advisors are dedicated to seeking solutions that safeguard your investments and estate by minimizing the impact of taxes and preventing potentially devastating losses to your financial plan. At Granite Harbor Advisors, we employ a comprehensive planning approach that leverages advantageous tax laws, working closely with your tax advisors to optimize wealth creation and minimize tax liabilities. With our network of support, we craft customized tax reduction strategies that prioritize your long-term financial well-being and help create a lasting legacy.

Our Commitment

Your Path to Financial Success: What to Expect Next

Once a plan has been established and implemented, it must be periodically maintained. We establish an appropriate review schedule to determine if updates are necessary based on legislative impacts, circumstantial changes, or administrative updates.

We will include a comprehensive review and management strategy of the financial instruments involved. We review the strength of those instruments to ensure a consistent alignment is kept with your family’s goals and objectives.

Comprehensive estate planning extends beyond any single generation. At Granite Harbor Advisors, our business succession and continuity plan will help ensure each generation to follow continues to have the same thoughtful experience. You worked hard for your wealth, and it is our commitment to protect and preserve that wealth for generations to come.

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Benefits of Estate & Tax Planning

Securing Your Legacy and Maximizing Financial Efficiency

Minimize Taxes for Maximum Wealth Retention

We help to mitigate all types of tax exposure including income tax, capital gains tax, estate tax, gift tax, and generation-skipping tax.

Custom Planning to You

Every family is different, so should their estate planning.

Flexible Long-Term Planning

Ensuring strategies have the necessary flexibility to adapt to long-term uncertainty provides stability and resilience over time.

Future Generational Support

We help to address concerns regarding education, medical needs, and potential financial difficulties for future generations.

Provide for Philanthropic Goals

Assets can only go to three places in the end: to family, to charity, or to the IRS. When charity is a priority, we help to maximize those aspirations.

Preserve Family Privacy

Effective estate planning can help preserve the privacy of your family's financial information by avoiding the public probate process.

Resources for Estate Planning

A Selection of Granite Harbor Resources Focusing on Estate Planning

Benefits of Private Placement Life Insurance (PPLI) for the Ultra-Affluent
5 minutes read

Benefits of Private Placement Life Insurance (PPLI) for the Ultra-Affluent

Tax rates are currently at or near historic lows. But ask just about anyone and the expectation is that taxes are sure to increase in the future. So, finding tax-efficient shelters for wealth accumulation is important for protecting long-term portfolio value and accomplishing tax planning goals. For the ultra-wealthy, private placement life insurance (PPLI) can provide powerful tax benefits while helping…
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You've Agreed to Sell Your Business. What's Next?
5 minutes read

You've Agreed to Sell Your Business. What's Next?

By: Brian Sak CFP®, CLU®, ChFC® Selling your business is a monumental milestone, often accompanied by a wave of emotions and critical financial decisions. For many exiting business owners, this moment represents both the culmination of years of hard work and the start of a new chapter. But what happens after you've shaken hands on the deal? In this comprehensive guide, we'll walk you through the essential…
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The Role of Trusts in Estate Planning
3 minutes read

The Role of Trusts in Estate Planning

Contributed by: Austin Manning, CFP Estate planning is an essential component of managing and preserving wealth, particularly for families, business owners, and executives with significant assets. Among the many tools available, trusts stand out as a versatile and effective way to protect, manage, and transfer wealth in alignment with your wishes. Understanding the role of trusts in estate planning…
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Supreme Court's Decision in Connelly v. United States: Implications for Business Owners with Buy/Sell Agreements
4 minutes read

Supreme Court's Decision in Connelly v. United States: Implications for Business Owners with Buy/Sell Agreements

On June 13, 2024, the Supreme Court delivered its decision in Connelly v. United States, a landmark case that has significant implications for business owners with entity redemption buy/sell agreements. This ruling has reshaped the landscape of estate tax calculations and necessitates careful consideration of alternative structures for buy/sell agreements and life insurance policy ownership. Below…
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Financial and Estate Planning for High-net-Worth Individuals with a Blended Family
4 minutes read

Financial and Estate Planning for High-net-Worth Individuals with a Blended Family

In the intricate realm of financial and estate planning, an additional layer of complexity arises when dealing with high-net-worth individuals who have blended families. The challenge lies in striking a delicate balance between the financial needs and goals of each family member, while also ensuring that wealth is strategically managed and preserved for future generations. This blog post aims to illuminate…
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The Clock is Ticking: Why Accredited Investors are Taking Advantage of Private Placement Life Insurance (PPLI)
5 minutes read

The Clock is Ticking: Why Accredited Investors are Taking Advantage of Private Placement Life Insurance (PPLI)

As today's top federal estate tax rate, or "death tax," currently tops out at 40%, proactive planning is needed for high-net-worth individuals who want to avoid nearly half of their estate going to taxes rather than their heirs upon death.1 With sizeable estate tax exemptions currently set to expire on December 31, 2025, combined with today's historically attractive tax rates, there has never been…
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