Full Estate Restructure

2021-2022

A family with an operating business wanted to start their estate planning process. They asked our team to hold their hand through this process and build their estate.

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Our team brought in a top advanced planning law firm, a top business appraiser, and a family office bookkeeper.

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Our team moved all of the family’s assets into a family-holding company, owned by Spousal Lifetime Access Trusts (SLATs) and managed by a Virtual Family Office Management Company.

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Through this structure, the family was able to deduct $295,833 of previously non-deductible investment-related expenses in the first year, saving at least $162,000 (and growing) per year in perpetuity.

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The team moved assets now valued at $40M at a discounted value of $10.86M out of the estate but still maintained control and access to assets. These assets, and all of their future growth, will never be subject to estate taxes. 

If SLAT owners were to pass away today, they will have saved the difference between the exclusion amount, $24M, and the $40M market value of their portfolio, which is $16M, times 40%, which would be $6.4M.

In 2025 the estate tax rate will reset lower to $10M, adjusting their savings to $12M.