Is This the Best Legacy Approach to Minimize Taxes?

There’s a good chance your clients have legacy funds just sitting in their IRAs. 

Savers often plan to use their IRAs and 401(k)s for income in retirement. But many Americans have excess funds saved in these tax-deferred accounts - meaning any funds they don’t use as income, they plan to pass on to their heirs.  

Saving legacy funds in a qualified account can create a very tax-sensitive inheritance. Thankfully, there’s a better approach - one that can leverage both life insurance and annuities. 

Last month, I hosted a webinar diving into what we’ve found to be one of the most effective structures to minimize taxes and maximize a client’s legacy. And I want to share the recording with you so you can learn this approach, too. 

I invite you to watch the recording here

In the video, I discuss: 

• The most effective way to identify legacy funds in your client’s IRA – as part of a Roth conversion conversation or legacy discussion
• A simple way to compare IRA, Roth, and Life Insurance legacy values for your clients
• Three strategy structures to meet client needs – some leveraging FIAs to drive even higher legacy values
• How to properly budget for taxes and IRMAA during the conversion process

Increasing the after-tax value of your client’s legacy is why Stonewood Financial developed our Legacy Done Right software. And with OBBBA and other tax policy changes from Washington, now is the perfect time to have this conversation with your clients. 

The result? Lower taxes. Bigger legacies. Stronger plans.