Managing generational wealth demands more than financial expertise—it requires a clear, structured approach to address risks, uncover opportunities, and align strategies with long-term goals. The FLIGHT Path Framework transforms wealth planning into a process-driven journey, empowering advisors and ultra-high-net-worth families to navigate complexity with confidence.
At the heart of the FLIGHT Path Framework lies a commitment to clarity and precision. Designed to address the unique challenges of ultra-high-net-worth families, this proven approach empowers advisors to turn transactional relationships into transformational ones. Each phase of the FLIGHT process ensures that wealth is protected, optimized, and seamlessly transitioned across generations.
At the heart of wealth planning lies a fundamental truth: sophisticated solutions require structured clarity. The FLIGHT Path Framework empowers advisors to navigate complex client needs, transforming relationships from transactional to transformational.
Much like a successful flight, managing generational wealth involves distinct phases. Each phase demands preparation, awareness, and strategy to ensure the journey is safe and successful.
Great plans begin with understanding. This step focuses on building an advisor’s awareness of client risks—income tax exposure, family dynamics, business vulnerabilities—and identifying critical gaps. The Flight Risk Assessment Tool (FRAT) initiates this phase, providing clarity on areas of concern.
Sophisticated planning requires a team. This phase emphasizes collaboration with specialists—tax, legal, business, and insurance—to craft tailored strategies. Leveraging expertise ensures the client’s goals are approached from every angle.
Awareness is only the start. This step dives deeper, quantifying the impact of identified risks on a client’s financial life. It’s about understanding the “so what” of problems, helping clients grasp the urgency and consequences of inaction.
Advisors guide clients by analyzing and presenting strategies to address challenges. This phase introduces clarity by evaluating options, weighing trade-offs, and aligning solutions with client goals.
Wealth planning isn’t siloed. By integrating investments, estate planning, business succession, tax strategies, and philanthropic goals, this step connects all aspects of a client’s financial life. A holistic approach uncovers opportunities and mitigates unseen risks.
Taxes can be one of the largest expenses a family will face, depleting generational wealth through income, capital gains, gift, and estate taxes. Successful advisors understand that planning costs are far less than the potential tax burden of the status quo. By leveraging the Internal Revenue Code (IRC) and strategic tax solutions, we help advisors craft strategies that protect and enhance wealth for generations.
Tax efficiency is a cornerstone of wealth preservation. By leveraging key provisions of the Internal Revenue Code (IRC), we help families minimize tax liabilities while aligning with broader financial goals. Our strategies include:
Overcoming Tax Drag with IRC Section 7702
Leveraged or Synthetic Cost Basis with IRC Section 101(a)
Utilizing Special IRC Rules to Finance the Family Balance Sheet
These collaborative strategies overcome tax headwinds, reduce income, capital gains, and estate taxes, and position families for enduring generational success. While we do not provide tax, legal, or investment advice, we work with the team of trusted advisors to ensure these strategies align seamlessly with broader financial goals and objectives.
Wealth management mirrors the journey of a flight, with distinct phases that each present risks and opportunities. The FLIGHT Path Framework addresses these with a tailored approach:
Laying foundations with tax planning and investments.
Accelerating growth with strategic planning and risk management.
Preserving wealth through trusts and succession readiness.
Preparing for generational wealth transfer.
Ensuring legacy sustainability and family harmony.
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