Applications For Life

Applications for Life and The Legacy Analysis System: The Legacy Analysis System (LAS) was created initially to assist wealthy clients identify future liabilities such as taxes (both IRD and Estate) as well as charitable bequests and ultimately convert the liabilities to donor advised funds and family foundations during lifetime with perpetuity of family assets in the community. It provides an interactive delivery system for affluent wealth transfer. A4Life provides 6 strategies that quantify a clients lifetime Balance sheet as it relates to inheritance, taxes, philanthropy and societal impact. What became of LAS, is a unique interrelationship of inheritance, societal impact, opportunity lost to taxes and government spending, acceleration of charitable giving during lifetime, recognition of charitable works, the corresponding income tax deductions and the development of lifetime of philanthropic impact on their communities. The results of this holistic analysis have been very positive in helping clients surpass the ceiling of complexity as they gather a deeper and more simplistic understanding of their family enterprise. This is truly an exercise in behavioral finance and one in which brings all of the family's trusted advisers to the table to further perpetuate the family legacy. The byproduct of the program has been beneficial to the Advisory community, for when the benefits have been quantified for the clients, the certainty of inheritance for the children established, it allows for millions of AUM to be accelerated during lifetime using 501c3 entities which keeps assets out of Washington and remain in the private and charitable sectors.