Financial Planning

Legacy Planning

Have a question about legacy planning?

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Individuals put off legacy planning because they think they don’t have enough assets. Your legacy is comprised of everything you own. No matter how large or modest, everyone has an estate that should be protected.

Establishing a Legacy Plan

A properly designed and executed estate plan can help ensure that your assets and desires are carried out upon your departure. Our advisors use collaborative planning to help you understand the tax requirements of transferring wealth.

In addition, our legacy planning services will address:

• Education and Funding for Children and Grandchildren

• Philanthropic Goals

• Succession Planning of a Family Business

• Providing for the Surviving Spouse

• Complexities of Family Relationships (i.e. Second Marriage, Divorce)

In more complex cases we will look at strategies, including reducing estate tax.

Strategic Alliances to Estate Planning Attorneys

We recommend credentialed estate planners to finalize your estate plan using the strategies we provide. Our advisors’ goal is to help ensure your wealth continues on through generations.

1502 West Ave

Austin

TX 78701

512.638.9499

scottc@austinfirstfinancial.com

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Insurance products are offered through the insurance business Austin First Financial. Austin First Financial is an Investment Advisory practice that offers products and services through AE Wealth Management, LLC (AEWM), a Registered Investment Adviser. AEWM does not offer insurance products. The insurance products offered by Austin First Financial are not subject to Investment Advisor requirements.

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The Five Star Wealth Manager award, administered by Crescendo Business Services, LLC (dba Five Star Professional), is based on 10 objective criteria. Eligibility criteria – required: 1. Credentialed as a registered investment adviser or a registered investment adviser representative; 2. Actively licensed as a registered investment adviser or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by Five Star Professional, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or Five Star Professional’s consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through Five Star Professional’s consumer complaint process; feedback may not be representative of any one client’s experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria – considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. Award does not evaluate quality of services provided to clients. Once awarded, wealth managers may purchase additional profile ad space or promotional products. The Five Star award is not indicative of the wealth manager’s future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their client’s assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by Five Star Professional or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by Five Star Professional in the future. For more information on the Five Star award and the research/selection methodology, go to fivestarprofessional.com. 1,204 Austin area wealth managers were considered for the award; 178 (15 percent of candidates) were named 2019 Five Star Wealth Managers. 2018: 1,102 considered, 161 winners; 2017: 1,431 considered, 207 winners; 2016: 1,283 considered, 351 winners; 2015: 1,968 considered, 374 winners; 2014: 2794 considered, 357 winners; 2013: 2,254 considered, 399 winners; 2012: 1,673 considered, 392 winners. Winners appearing on this page do not pay a fee to be considered or to win the Five Star Award. Professionals with a digital profile have paid a promotional fee.

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