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Estate planning Strategies     & Charitable Giving

Managing your estate during your lifetime should be of paramount importance to both you and your loved ones. Effective legacy planning empowers you to dictate how your assets will be distributed after your death. It also enables you to articulate your healthcare preferences, ensuring that they are faithfully executed. Additionally, estate planning serves as a vital tool for handling your financial affairs if circumstances prevent you from doing so yourself.


Estate plans are intended to be flexible and adaptable to changes in your life and in the laws governing your estate. We advise that you review your estate plan at least once every five years or whenever significant changes occur either in your life or in the law. Such changes might be the death of a spouse or of a beneficiary of your estate, a marriage or a divorce, a relocation of your residence, significant changes in your assets, or changes in the amount of the gifts that the laws allow you to make each year and over your lifetime.


The seasoned experts at Evolve Wealth Advisors specialize in helping clients articulate their estate planning objectives. Our team, comprised of dedicated advisors and support staff, works in tandem with your tax and legal advisors to ensure that your financial plan seamlessly aligns with your estate planning aspirations.


Estate and legacy planning can be intricate and time-intensive endeavors. That’s why at Evolve we collaborate closely with our clients and their team of tax and legal advisors to safeguard and transfer wealth across generations.


To guarantee that your financial success is shared with your family, friends, and the charitable causes you cherish, you should partner with professionals who are well versed in estate and legacy planning. Although Evolve does not provide legal or tax analysis or advice, we can recommend experts in those fields and provide introductions to such professionals.


​We at Evolve can offer advice on estate planning to assist you in determining the optimal strategies and structure for your estate, aligning them with your legacy objectives and ensuring the fulfillment of your wishes.

Your estate Goals

The Evolve Wealth Advisors team collaborates with you to guarantee the realization of your legacy aspirations. We achieve this by incorporating your goals into a comprehensive checklist that encompasses all four phases of our in establishing your 

1/ Assess and Discover 

2/ Plan and Create 

3/ Implement 

4/ Monitor 

1/ Your estate attorney will draft your estate plan documents (if required, we can provide referrals upon request)*.


2/ We will then follow up with both you and your attorney to monitor the advancement of your plan and offer support where necessary.

Estate Plans are dynamic

Estate plans are flexible and adaptable. As life events unfold, it's essential to make necessary adjustments to your estate plan. We advise you to consider reviewing your estate plan at least once every five years or whenever significant life changes occur, such as:

  • Death of a spouse or beneficiary 

  • Marriage

  • Divorce

  • A new child

  • Changes with tax law

  • Significant changes in assets

  • Relocation 

Trusting Others
Charitable Giving 

Charitable contributions can offer various tax advantages for you and your family. At Evolve Wealth Advisors, we aim to provide you with a comprehensive understanding of diverse charitable planning options and methods, enabling you to work towards your enduring estate planning objectives.


Philanthropy serves as a powerful means to initiate discussions about values and financial literacy within your family circle. Utilizing charitable contributions as a teaching tool can help underscore the significance of generosity, enabling you to set a compelling example and motivate the upcoming generation to take a more active interest in financial awareness.

estate planning strategies

One of the steps that many people take after beginning their estate planning is to create an entity known as a revocable trust. The document governing such a trust should be drawn up by an attorney experienced in that field of the law. A revocable trust will allow you to do the following:


  • express in a formal written document your wishes about the disposition of the assets in your estate,

  • name the beneficiaries to whom you wish to leave assets after your death,

  • appoint someone as a successor trustee to carry out your wishes after your death,

  • make changes to the document governing the trust at any time prior to your death,

  • prevent your assets from becoming subject to court decisions in a protracted and expensive procedure known as probate, and

  • keep information about your assets and their distribution to your beneficiaries from becoming part of the public record.


Before you can take advantage of these features of a revocable trust, however, you will have to transfer all or some of your assets into the trust. In that process, you will have to change the title to those assets from yourself as an individual to yourself as the trustee of the revocable trust, the new owner of your trust.


If you decide to create a revocable trust, the estate attorney whom you choose to do so will also recommend drawing up a will and at least two other documents. Each of these documents allows you to grant to one or more people the power to act on your behalf after your death or in the event of your mental and/or physical disability. One of these documents is called a “durable power of attorney”, while the other is generally known as a “power of attorney for health care and advance health care directive”. Your attorney will provide you with details about these three types of documents, what they are intended to achieve, and how they can be created.


Many of Evolve’s clients also use other strategies in their estate planning. Depending on their objectives, some clients give assets to qualifying charitable or educational organizations, pay premiums to fund insurance policies for the benefit of their beneficiaries, and/or transfer assets to newly created entities outside of their estate. Our team can tell you more about these strategies, particularly about the various tax advantages that they offer to you and your family.  


Regardless of the estate planning steps that you decide to adopt, we are here to assist you in pursuing your long-term estate planning goals and navigating the complexities of today’s tax and estate laws.

giving back

For numerous individuals and families, philanthropy holds a central place in their principles. It's noteworthy that research indicates that contributing to charitable causes can boost one's happiness and personal fulfillment. Interestingly, a study published in the International Journal of Research in Marketing suggests that discreet, unpublicized giving can amplify these positive effects even further! Supporting others while effecting change in both your local community and the world at large can be a source of empowerment. This is particularly true when you select a charitable organization that resonates with your values and beliefs, whether your inclinations lean towards cultural initiatives, transformative endeavors, or providing aid to those in need.

Information presented does not involve the rendering of personalized investment advice, but is limited to the dissemination of general information. Content should not be construed as legal or tax advice, Evolve Wealth Advisors is not engaged in the practice of law or accounting. You should consult your legal and tax advisors before implementing any recommendation contained in this presentation.

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