Wealth is what you build. Legacy is what lasts.
Building wealth is one thing. Keeping it in the family across generations is another. See how the FirsTrust FinancialTeam of planning, investment, tax, and estate specialists can work together to help protect what you've built, minimize what goes to taxes, and prepare the next generation to carry it forward.
True Wealth Is More Than Just Money
The foresight to plan with intention is one of the greatest gifts a family can create, and the strategic devices you implement today can help create, protect and administer the financial viability of health care, education, and comfort of your future relatives.
You have worked hard to build something meaningful; not just financially, but for your family. Yet without coordination, even substantial wealth can erode through taxes, inadequate planning, conflicting advice, or family disagreements.
The statistics are sobering: most family wealth does not survive to the third generation. At FirsTrust, we help families see their complete financial picture through a Personal Financial Website and build governance structures, estate plans, and tax and investment strategies designed to protect and transfer wealth deliberately.
How We Help Families Build Lasting Legacies
Your FinancialTeam focuses on the challenges unique to multi-generational wealth, with planning, investment, tax, and estate specialists working together on your behalf.
Protect and Transfer Wealth Deliberately
Estate planning is not just about documents; it's about ensuring your wealth is protected, transferred efficiently, and administered according to your wishes. Your FinancialTeam coordinates with attorneys and tax professionals to build structures that work before, during, and after your lifetime.
- Review and coordinate wills, trusts, beneficiary designations, and account titling for alignment with your goals.
- Design trust structures, including dynasty trusts and generation-skipping strategies, to minimize estate taxes across generations.
- Build asset protection through LLCs, trusts, strategic titling and ownership structures.
- Ensure your plan actually works by funding trusts and keeping documents current and digitally accessible, 24/7.
How the FirsTrust Legacy Planning Process Works
No sales pitch. No product agenda. Just a structured process led by an experienced FinancialTeam to help your family preserve and transfer generational wealth.
Organize Your Family Wealth Picture
Start with a complete view of your family wealth, existing structures, and goals.
- Link all accounts and entities into one secure Personal Financial Website
- Gather wills, trusts, ownership documents, and beneficiary designations into your Private Document Vault
- Define what legacy means to your family—values, intentions, and priorities
Build a Multi-Generational Wealth Strategy
Turn that picture into a coordinated plan across planning, investment, tax, and estate.
- Model different scenarios: gifting strategies, trust structures, charitable giving, income projections
- Identify gaps between your current documents and your actual intentions
- Design governance frameworks and family education plans
Implement Your Legacy Plan
Execute your strategy with deliberate, coordinated action.
- Coordinate with specialized attorneys to update estate documents and structures
- Fund trusts, retitle assets, and update beneficiary designations
- Execute gifting strategies and charitable plans according to timeline
Monitor, Adjust, and Support Across Generations
Stay on course with a team that reviews, updates, and supports your family over time.
- Review your plan regularly as tax laws, family circumstances, and goals evolve
- Help trustees and heirs execute the plan when the time comes
- Keep your Personal Financial Website and Document Vault current so your family is always prepared
Learn more about our services
Comprehensive Financial Planning
Holistic financial and retirement planning.
Trust & Estate Planning
Protection, growth and tax efficient transfer of your estate.
Investment Management
Customized tax-wise investment portfolio management.
Family Office
A dedicated staff of FinancialTeam experts to run your family finances.
Legacy Planning FAQs
No. While FirsTrust serves families with significant wealth, including multi-generational family offices, we also work with families who have meaningful complexity but are not ultra-wealthy. If you have estate planning needs, tax coordination challenges, or want to ensure your wealth transfers efficiently to the next generation, we can help.
The Trust & Estate specialist on our FinancialTeam has a formal education in both finance and law plus nearly 40 years of experience in this particular field. We work with you to create the plan, an estate planning attorney (your own lawyer or we can refer you to one that we have vetted) will draft the documents, and we will help you put it all together in a manner that solidifies your legacy intentions.
Research shows that most family wealth fails to survive to the third generation, and it is rarely because of poor investments. It is usually due to lack of communication, unprepared heirs, or family conflict. Your FinancialTeam helps build governance frameworks, educate the next generation, and structure trusts in ways that encourage responsibility.
A dynasty trust is designed to hold assets during your lifetime, protect them from creditors, lawsuits and divorcing spouses, generate income during your retirement, and eventually transfer them to your heirs in manner that you specifically authorize while sheltering them from federal estate taxes across multiple generations. Is it right for you? Contact us and let's find out.
Yes. FirsTrust plans for the entire lifecycle, not just document creation. When the time comes, your FinancialTeam helps trustees and heirs execute the plan, navigate around probate, coordinate asset transfers, and ensure the transition happens according to your documented wishes.
Want more details?
Call, email, or meet with a member of our FinancialTeam.