Wealth Transfer & Philanthropy

At a certain point in most people’s lives, they turn from seeking to accumulate as much wealth as possible to seeking to ensure that their assets can benefit family members that will survive them, as well as the community at large and the rest of the world. Rollins Financial has the skills and experience to facilitate wealth transfer through philanthropy and estate planning. 

For those fortunate enough to have accumulated wealth, being able to use some of one’s assets for the greater good is an incredibly rewarding experience. Rollins Financial helps clients give back to their communities through philanthropic activity, making a lasting impact on the world while they’re still around to see the benefits of their efforts.

Charitable giving reduces the size of an estate and the estate tax bill. This means the individual has a lower effective cost of giving. Rollins Financial can help formulate a strategy to maximize the effect of your giving and the legacy that engenders.

Financial planning maps out your future and creates an environment in which your family can be secure and thrive. Planning for a time when you will no longer be around is an important part of ensuring that future well-being. Estate planning allows you to arrange for the distribution of your financial assets to your heirs or intended beneficiaries after your death or incapacitation. Planning ahead lets you assert greater control over the legacy you leave to your loved ones. Conversely, not planning ahead can lead to unnecessary expenses, family conflict, and ill-will.

Rollins Financial will put you in touch with experienced estate attorneys who can take the legal steps to ensure a seamless transfer of assets. We offer financial advice to make the process as smooth as possible, including finding ways to lower expenses and minimize your tax debt, to pass as much of your estate as possible on to your loved ones.

Even someone of modest means can have a fairly extensive estate. Assets include houses, cars, real estate, stocks and bonds in brokerage accounts, retirement funds, life insurance, and valuable personal belongings. Liabilities and debt obligations are also part of an estate and must be accounted for.

Too many people make the mistake of thinking they’re not wealthy enough to need estate planning, or even to take the most basic first step of drafting a will. Estate planning can help to preserve family wealth, providing for surviving spouses and children, and for their education.

You want your inheritors, not estate lawyers, to get as much benefit as possible from the assets you bequeath to them upon your death. Probate can be very expensive, involving significant paperwork and court appearances. All these expenses come out of the estate and reduce the benefit to inheritors. Trusts can be a good strategy to reduce the amount of property which will be subject to the probate process, or eliminate it altogether.

We have experts in estate and tax planning involving trust accounts. We’ll help you figure out whether a trust is right for you and help you set it up. We can guide you through each decision to ensure your needs are met, goals are achieved and legal responsibilities are complied with. No matter who you want to receive assets and when you want them to receive them, we can establish a process to guarantee your directives are carried out.

Every client’s financial situation and goals are different. Once we’re familiar with your portfolio of assets and your family’s needs, both now and in the future, we can begin looking at strategies for successful wealth transfer and your family’s financial health.