Sharp declines in the equity markets often create anxiety and uncertainty, but for families with significant wealth, they can also present a rare opportunity to execute sophisticated planning strategies with amplified impact. Lower valuations, combined with historically high exemption amounts and an approaching legislative sunset, create a confluence of factors that make now an ideal time to take strategic action.
For ultra-high-net-worth families, there are two primary areas of focus during market dislocations: maximizing the efficiency of lifetime gifting and deploying investment-related strategies that reduce future tax burdens.
Our planning team at Callan Family Office recently laid out some guidance on how to turn volatility into long-term leverage.