Tax Strategies
Wealth management that maximizes after-tax results.
Investment, Income, Gift and Estate Tax Planning
Integrated Tax Planning: A Big-Picture View
Your taxes are complex enough. Shifting regulations and laws add to the complexity, making it difficult to assess where you could be more tax-efficient and how. Integrated tax planning at LNW can help optimize tax efficiency across your entire asset base by:
- Assessing your overall tax exposure in terms of income, capital gains, gift & estate taxes (at the federal and state levels)
- Proposing strategies for increasing tax-efficiency in financial and investment accounts, existing and future trusts, your estate and legacy plans
- Tracking how well current tax strategies are working and making adjustments if there are changes in tax laws, your asset holdings, needs or goals.
We work with your CPA(s) to make proactive recommendations for your circumstances, so that you are not caught off guard by what your assets and finances are generating in terms of taxes. That means you always have a tax strategy integrated into your wealth plan for:
- Investment income
- Capital gains
- Gift taxes
- Estate taxes
Make tax outcomes part of your integrated wealth plan
Portfolio building, wealth planning, trust and estate strategies — none of this happens most effectively in a vacuum. LNW tax experts — working closely with colleagues in investments, wealth planning and trust services — provide the tax guidance, analysis and strategies required to make your wealth plan as tax-effective as possible in line with your goals. Our aim is to drive better outcomes across your entire asset base, as well as your investment portfolio.
Envision a tax-optimized future
Tax strategies at LNW are consistently applied to enhance outcomes; they do not drive decision-making. That means your portfolio(s) may lean toward tax-exempt, tax-deferred or taxable investments depending on the long-term risk and return targets required to attain your goals. It is your vision for the future that drives the tax strategies embedded in your estate plan, not the other way around. The result is tax-efficiency on your terms and aligned with your goals.
Tax Strategies Q&A
The Q&A below provides a general idea of how we can help. Your unique mix of assets, tax situation and life goals will ultimately determine the tax strategies we use to optimize your after-tax results. Let’s get started. We would love to answer your specific questions.
Still have questions?
Yes. Tax planning is key to how we optimize results for our clients. We analyze your entire asset base for opportunities to maximize after-tax return. We manage your investment portfolio to reduce income and capital gains taxes, propose tax-efficient ways to turn assets into income, and advise you on trust and estate strategies for transferring wealth in a tax-efficient manner.
Definitely. We would start with a tax tune-up for your portfolio to assess how we can minimize taxes by consistently applying a variety of strategies, including tax-loss harvesting, asset location and tax-aware manager selection. We can also advise on tax-beneficial strategies for real estate transactions and other less liquid investments.
Perhaps an irrevocable trust, which can help lower a variety of taxes — estate taxes, capital gains taxes, and even income taxes. Such trusts can hold your most valuable assets (like business, restricted stock, or real estate), so they are out of your taxable estate but can still be used to support you and your spouse during your lives, and then your heirs and/or charities after you are gone. LNW trust planning experts can help you explore all the options.
It should be. At LNW, we assess the tax-effectiveness of your estate plan on an ongoing basis and adjust accordingly. U.S. laws that impact estate planning change over time; for example, the amount you can leave to heirs free of federal estate taxes has more than doubled since 2017. LNW experts keep a close watch on state and federal developments and proactively advise you.
What questions do YOU have?
Send us a message at hello@lnwadvisors.com
