Clients

Legacy Wealth Advisors, Inc. was established to serve individuals in or nearing retirement.  We believe that it is extremely important to have a strategy that can help preserve and protect your income and your assets from taxes and market downturns through our life planning process.  Our ownership in County Accounting & Tax allows for us not only look at your life plan from an investment point of view but also from a current tax point of view.  We strive to increase your income, decrease your taxes, and increase your networth for you and your family.

There are three different phase clients go through during their lifetime.

Phase 1: Accumulation of Assets

As we’re looking toward retirement, we’re focused on building an asset base that can generate income later. We often use tax-oriented, employer-sponsored retirement plans to help us do this. In this phase we may take more risk in hopes of capturing better returns. As retirement approaches, however, we may want to make adjustments that can help us secure our future income.

Phase 2: Distribution of Income

In this stage of retirement, we’ve started taking income, and our focus has shifted from accumulating assets to making sure we don’t outlive our assets. This is where we should carefully consider how we may be able to create the income we can’t outlive and how we might increase our income over time. We feel very strong in using strategies that will help preserve and protect your future income.

Phase 3: Transferring your Legacy

Will the resources we leave behind accomplish the intentions? There are three important considerations in legacy planning.

1. Assets should transfer to the next generation easily.
2. It may be important to control the distribution of these assets after our death, in order to  help protect our children and the assets.
3. Some individuals must plan to control unnecessary losses from estate tax. The earlier this is addressed the better.

At Legacy Wealth Advisors, Inc. we primarily work in Phase 2 and 3 in our client’s lives. We require our clients to meet with us at least annually review their situations to make sure we are keeping up with life’s changes. As life has its challenges and demands having a relationship with our client’s children can be key. Our clients are not just clients they are family.