Define What the Wealth Is For
Legacy planning connects accumulated wealth to family, purpose, giving and succession. The work is not finished when assets have grown; ownership, management, taxes and decision-making still have to transfer intentionally.
What This Stage Means
Stage 7 connects accumulated wealth to family, purpose, charitable intent and succession. The focus is not simply estate documents; it is coordinating ownership, beneficiaries, liquidity, taxes, stewardship and decision-making so the transfer plan reflects what the wealth is meant to accomplish.
Signs This Stage Needs Attention
- 1Estate documents or beneficiary designations no longer reflect the investor's current wishes or ownership structure.
- 2There is no clear plan for who will manage properties, businesses or financial records if the investor cannot do so.
- 3Estate liquidity, tax exposure, debt or equalization among heirs has not been modeled.
- 4A charitable gift, retirement, major liquidity event or ownership transition is approaching without coordinated tax, estate and advisor planning.
What Landmark Provides at Stage 7
Estate-tax modeling
Model potential tax and liquidity consequences so estate decisions can be evaluated before documents and transfers are finalized.
Charitable planning
Coordinate the tax implications and timing of charitable objectives with the broader wealth and estate plan.
Ownership and beneficiary coordination
Review how ownership, beneficiary designations and tax/financial records fit together and identify issues for the appropriate legal or financial professional.
Succession planning
Coordinate the tax and financial implications of property, business and management succession.
Family wealth meetings
Structure periodic conversations around purpose, responsibilities, stewardship and the next decisions affecting family wealth.
Advanced Coordination at Stage 7
Landmark models tax and financial consequences and coordinates with qualified estate attorneys, investment advisors, insurance professionals and other specialists. Legal documents and investment recommendations remain the responsibility of the appropriate licensed professional.
Compact Coordination Process
Clarify Purpose
Define family, charitable, stewardship and succession objectives.
Model Tax & Liquidity
Review tax exposure, debt, liquidity needs and potential transfer consequences.
Coordinate Advisors
Align the tax and financial picture with estate attorneys and other licensed specialists.
Implementation & Ongoing Review
Document responsibilities and revisit the plan as family, ownership and financial circumstances change.
An investor has accumulated real estate, business interests and investment assets but has not coordinated ownership, beneficiaries, liquidity and family responsibilities. Stage 7 brings those decisions into one tax-aware planning process so the transfer plan has clearer purpose, responsibilities and next steps.