When it comes to your financial legacy, business owners and executives who accumulate a significant amount of their net worth in their company’s stock rely on the current tax law stating that the basis in assets left to heirs is “stepped up” at death, to the fair market value as of the date of death.
There are several estate planning options advisors can guide blended families on to ensure the outcome is as they intended and that every family member is included.
Jim Farmer is Managing Partner of Financial Strategies Group, a leader in the insurance industry providing clients with practical solutions.
FSG, offers opportunities to leverage previously purchased annuities to give greater, fully guaranteed funds to heirs.
FSG, a full-service insurance general agency (GA) catering to the high-end life insurance market, has expanded operations to allow more top-producing sales professionals to join the prestigious firm.
FSG has partnered with five of Wells Fargo’s top eight estate planning and life insurance specialists.