As a Real Estate Planner our objective is to understand your goals, your needs both now and in the futures and recommend solutions that align with those goals. This conversation often begins with understanding your family and what is important to you. We will ask you about the properties you own and why you own them. This deep understanding forms the basis of your Real Estate Plan.

One of the key aspects of a real estate plan is to ask about your current residence.

 

Are the stairs becoming difficult to navigate?

Is your home too big now that the kids are gone?

Is your yard too much work to maintain?

Is the deferred maintenance becoming a hassle to deal with?

Are you looking for a safer, comfortable, more secure living environment?

 

If your home is currently working for you, why move?

Next we consider what your future needs may look like. Many of us understand that as we get older we're gonna to need some level of care. Usually it starts with physical challenges making the home more difficult to stay in. The next question is where would you go if you did move? Through a real estate plan, we help discover the opportunities in the years ahead, whether that is aging in place, downsizing or a retirement community. We will also assist with all of the aspects related to making the move.

After we clearly define your family’s goals, we will guide you through options to protect your assets from probate and capital gains taxes. Tailoring strategies to meet your family’s needs, we’ll help you pass on the advantages of real estate ownership to your heirs during your lifetime.

There are two types of properties: your primary residence, where you live, and investment properties, which you don’t reside in. Investment properties should be seen as valuable assets, with maximizing their returns being a key factor in building wealth through real estate. With a strategic real estate plan, we use tools to assess the performance of your current portfolio, identify potential properties that could enhance your returns, and implement strategies like a 1031 exchange to make the most of your investment capital.

Have you ever heard of a family torn apart over inherited wealth? The issue is that real estate can’t be easily divided. Even when assets are passed down through a trust, heirs may have differing opinions on what to do with the properties. Through a real estate plan, we work to implement strategies that transfer real estate wealth in ways that align with the family’s goals and help avoid potential conflicts.

When you sell real estate, the profit from the sale may be subject to taxes based on the increase in the property's value, known as a capital gain. The tax on that gain is referred to as a capital gains tax and can be one of the biggest barriers to building generational wealth. A key factor in minimizing these taxes is understanding your cost basis. With a comprehensive real estate plan, we implement strategies designed to reduce or even eliminate capital gains taxes, allowing families to pass on more wealth to future generations.

We collaborate with your trusted team of advisors to ensure that the plan you choose aligns with both your financial and real estate goals.

 

A Real Estate Plan starts with a straightforward Strategy Session to discuss your family’s objectives.