Our financial lives have two different phases. The first phase involves working hard and taking calculated risks in the pursuit of generating certain income and assets. This is the wealth accumulation phase. In this phase, it is our goal to ensure that we accumulate assets through proper management of two variables: rate of return and taxes.

The next step comes shortly after the first when we cease working with the intent to benefit from the rewards we have accumulated during the first phase. This is the distribution phase. Most important in this phase is the preservation of capital and generation of appropriate income.

Whether a client is in the accumulation or distribution phase of their lives, we will put together a proper plan based on the needs and goals of each individual client.

Based on ongoing, one-on-one consultations with the client, we develop and execute a plan on behalf of our clients to help give them back their most valuable resource: time. We have a suite of services that can handle almost any circumstance from start to finish in a comprehensive and efficient manner.

Most people desire the orderly transfer to their beneficiaries of the wealth they have accumulated over their lifetime. Also important is the transfer of these assets in a way that preserves the values and wishes of the individual(s) transferring the assets and maximizes the ultimate gift by minimizing the portion lost to taxes.

When the beneficiaries are children or other descendants or family members, there is often a need to ensure the transfer occurs in a manner that promotes and enhances the family unit after the passing of the grantor.

When the beneficiary is a charity or other non-natural person, the need is to ensure the bequest is used in a manner that matches the values of the grantor, whose values inspired the gift in the first place.

At Strandlife Wealth, we assist clients in designing and implementing effective structures to transfer the wealth they have spent a lifetime creating. The ultimate goal is to ensure the wishes of our clients are executed.

Our process starts with identifying each client’s goals through in-depth consultation with the client and their advisors, including attorneys, CPAs, and business managers. We quantify the goals through modeling out the effect of any number of changing hypothetical variables such as taxes, interest rates, and investment returns. We then design structures to help meet these goals and assist in the implementation of the plan.

At every step of the way, emphasis is put on reducing complexity and preserving the overall bequest by minimizing current and future income, estate, gift, and inheritance taxes.

At Strandlife Wealth, we understand that taxes are a major aspect of financial decisions. If we don’t address them with a solid strategy, it can result in overpayment of taxes and diminished investment returns. Our trusted advisors help you preserve your wealth by identifying and minimizing potential tax liabilities.

Most people work their whole lives in the hopes of one day sitting back, relaxing, and enjoying the fruits of their labor. That doesn’t necessarily mean that they won’t be active, work on passion projects, or continue to challenge themselves. In order to maximize the joys of retirement, it’s important to have a plan in place. Our financial advisors will maximize your tax benefits in retirement, ensure that you have enough money to live on, regardless of how long you live, and design structures to ensure you maximize the transfer of wealth to the next generation.

Strandlife makes calculations to see what rate of return is needed to plan for a proper retirement. More importantly, we take the time to sit down with each and every client and talk through their plans in detail to help them envision those plans themselves.

Once the plan has been discussed, it’s our job to put the work in and design a retirement plan that makes sense not only for you but also for your loved ones as well. We are a holistic planning firm that takes the time to understand the needs of all of our clients before we make any recommendations.