Estate planning involves determining the amount of funds to leave to children, families, and charitable organizations. In concert with your legal or tax advisors, The Family Heritage Trust Company administers and manages your assets to ensure they are appropriately organized and managed to maximize value at the time of your passing. Legacy planning also addresses blended family issues, along with special provisions for the elderly or special needs heirs who require advanced planning and instructions.
Our services for your retirement years go beyond just the administration and investment management of your wealth. We view our role with you as a partner to assist in the realization of the lifestyle that you envisioned during your working years. Your retirement is meant to be worry-free. The Family Heritage Trust Company’s integrated wealth administration and investment management services are intended to help you set goals, plan your asset and liability structure, and determine the investment cash flow that you will need to “live your dream.”
WHAT IS CHARITABLE GIVING?
A charitable gift imparts double satisfaction to the donor: supporting a charity’s good works and the potential benefits of a tax deduction. Charitable contributions are deductible, within certain limits, in calculating income, estate, and gift taxes. Contributions can be in the form of cash or property.
WHAT IS LEGACY PLANNING
Legacy planning begins from within as you assess which family, friends, and other relationships are truly important to you. If estate planning is going to create a lasting legacy, your assessment of your most closely held principles and values begins the process. The Family Heritage Trust Company will assist you with a values-based legacy plan that encourages stronger relationships today and strengthens intergenerational communication and trust.
WHY DO YOU NEED TO HAVE A BUSINESS PLAN?
At some point, every owner leaves their business, voluntarily or otherwise. At the time, business owners want to receive the maximum proceeds from a sale to accomplish personal, financial, and estate planning goals.