CASE STUDY

How Legacy Bridge Helped a Family Update an Estate Plan for Greater Tax Efficiency

When a client with a taxable estate wanted to reduce the tax burden on future bequests, Legacy Bridge helped coordinate an Estate Planning review that considered her children’s existing wealth, individual estate plans, and long-term family goals.

CLIENT SITUATION

The client had a taxable estate and children with considerable wealth of their own. She asked Legacy Bridge to review her estate plan and determine whether bequests to her family could be structured in a more tax-efficient manner.

THE CHALLENGE

The family needed more than a standard estate plan review. They needed a coordinated Estate Planning process that considered the client’s goals, her children’s financial situations, and the broader tax impact across generations.

Taxable estate planning needs
Children with existing wealth
Potential estate tax burden
Bequest structure review
Multi-generational tax considerations
Coordination with family advisors
Need for efficient implementation

THE SOLUTION

A Coordinated Estate Planning Strategy Across Generations

At the client’s request, Legacy Bridge met with her children to discuss potential inheritances and understand how those bequests would fit into their individual estate plans. Working with the client’s advisors, Legacy Bridge helped coordinate an updated estate plan designed to transfer assets in a more tax-efficient manner.

EVALUATE

Reviewed the client’s estate plan, family goals, tax concerns, and potential bequest strategies across generations.

COORDINATE

Met with the client’s children and advisors to align inheritance planning with each family member’s estate plan.

FINALIZE

Supported an updated estate plan using generation-skipping trusts and charitable remainder trusts for tax efficiency.

THE RESULTS

Through Legacy Bridge’s Estate Planning coordination, the client and her family implemented a more thoughtful plan that addressed family goals, inheritance structure, and tax efficiency across generations.

Created a Holistic Estate Plan

The updated plan addressed the client’s wishes while considering the needs and goals of her children.

Improved Tax Efficiency

The strategy helped structure future inheritances in a more tax-efficient manner across the family.

Saved $3 Million+ in Taxes

The client and family saved more than $3 million in estate and inheritance taxes.

Coordinated Across Generations

Legacy Bridge helped align the client, her children, and advisors around a more effective planning strategy.

Disclosure: These results may not be typical of all clients. Tax outcomes depend on individual circumstances, applicable law, proper implementation, and ongoing legal and tax guidance.

"When my family made the difficult decision to sell our business, Legacy Bridge was an invaluable partner every step of the way. Their guidance in trust, estate planning, and investments gave us clarity and confidence through a complex process. Today, my two daughters also rely on Legacy Bridge as they plan for their financial futures. They have become a trusted part of our family's journey, and I can't imagine moving forward without their guidance."

"After experiencing very basic accumulation-type planning from a smaller advisory firm, it was refreshing to go through a comprehensive program with Legacy Bridge. In particular, we benefited from the multi-generational planning, stewardship and philanthropic options, as well as a great investment program. Legacy Bridge was very thoughtful in their approach and worked with our other advisors to get our plan in place. This was very important to us."

“We never realized all we were missing about investing until we met the Legacy Group, who showed us so many ideas for growing”

“The quality of the people and the excellence of their work are a true source of reassurance for us.”

“Legacy Bridge handled every detail with such care that we could simply be together as a family.”

“We value Legacy Bridge not only for their sound advice and exceptional performance, but also for the genuine care and understanding they bring to our family’s needs.”

Take the Next Step with Confidence

If your estate plan needs to account for family wealth, tax exposure, or multi-generational planning, Legacy Bridge’s family office services can help coordinate the right advisors, clarify your options, and move forward with structure and confidence.