Tax-Efficient Estate Planning Strategies
Strategies to help you minimize your taxes
Strategies to help you minimize your taxes
For high-net-worth individuals and families, maximizing what you have earned often requires taking steps to minimize your tax liability. Explore the insights below from the Private Wealth Management team at Commerce Trust to learn about different types of trusts and their tax benefits, tax-efficient ways to give gifts to family, and charitable giving strategies that may lower your tax liability. If you would like to learn more about our estate planning and tax management capabilities, fill out the contact form below to connect with a Commerce Trust wealth management consultant.
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Featured Articles
Donating assets to charity not only supports philanthropic causes but can also lead to tax savings for high-net-worth donors and their families.
Different types of trusts are suitable for specific purposes. Learn the tax benefits of some commonly used trusts and how they may fit into your estate plan.
Giving gifts to family members has advantages for both the recipient and the donor. These strategies can maximize the financial benefits of your gifts.
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A Team of Specialists Working Together For You
Led by your relationship manager, your multi-disciplinary team will collaborate to offer guidance on a wide range of wealth management needs that takes into account your holistic financial picture.
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Wealth Management Consultant
Initially evaluates your situation, gathers information, presents our capabilities and assembles the in-house team.
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Financial Planner
Works in coordination with your other Commerce Trust advisors to deliver objective financial planning advice and customized planning strategies to meet your needs.
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Private Client Advisor
Helps you develop a financial roadmap based on your personal and family goals and is responsible for coordinating the efforts of other team members and external advisors, such as your estate planning attorney and accountant.
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Portfolio Manager
Creates and monitors your investment portfolio based on your objectives and risk tolerance.
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Private Banker
Aligns your banking needs with other aspects of your plan, from sophisticated financing to daily checking, savings and credit card needs.
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Specialty Services Advisors
Families with significant wealth may employ the services of Commerce Family Office. Our specialty services also include expertise on complex assets such as business ownership, residential, commercial and farm real estate, oil, gas and mineral management.
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- Oil, Gas and Mineral Asset Management