1. Planning for the Future
Nicholas Karavidas
Principal, Wine Concepts & Design, International
Kenneth F. Levy, CFP
Levy, Daniel and McGee Wealth Management
David McAlvany
Author, The Intentional Legacy

2. The Power of Empowerment

3. THE ISSUE IS LEGACY
Definition- THE SUM TOTAL OF VALUES AND VISION WE LEAVE TO OTHERS IN THE FORM OF TANGIBLE AND INTANGIBLE ASSETS.
A Legacy balance sheet is comprehensive. . .blessings and baggage! (We receive both assets and liabilities)
Each generation must choose.

4. Legacy Baggage- the Albatross
Definition- ANYTHING NEGATIVE, UNREDEEMED, UNHEALED, OR BURDENSOME PASSED FROM ONE GENERATION TO THE NEXT.
The necessity of a redemptive ethic. . .
“The Problem with baggage is it effects other people’s trips”
Book
The Intentional Legacy: What You Want For Your Family, Why You Want it, and How To Get There
davidmcalvany.com

5. Specialized Wealth Services
Professional guidance to manage your unique assets and changing needs
Business Advisory Services
Business Advisory Services Helping business owners manage, value and transition privately held companies
Estate Services
Estate Services Providing clients with the comfort of knowing their wishes will be followed
International Client Investment Services
International Client Investment Services Providing asset management in U.S. markets for
Non-Resident Aliens (NRA)
Legacy Trust
Helping families preserve and transition wealth to benefit multiple generations
Legacy Trust
Life Management Services
Life Management Services
Helping clients maintain their personal and financial independence.
Oil, Gas and Mineral Management
Oil, Gas and Mineral Management
Helping clients manage oil, gas, and mineral royalties and assets
Philanthropic Services
Philanthropic Services Helping individuals and nonprofits fulfill their charitable goals
Real Estate Asset Management
Real Estate Asset Management
Providing professional real estate asset management services for clients
Special Needs Trust Services
Special Needs Trust Services Helping address the needs of individuals living with a disability

6. Specialized Wealth Services Questions for your consideration
Business Advisory Services
Business Advisory Services
n Are you a business owner?
n What happens to your business if you are not around?
n What’s your long-term business transition or exit plan?
n When did you last review your buy-sell agreement?
Estate Services
Estate Services
n When was the last time you reviewed your will or trust?
n Who is named as your trustee or executor?
n What concerns do you anticipate arising during the settlement process?
n How comfortable are you with your plans to settle the estate?
International Client Investment Services
International Client Investment Services:
n Are you a non-resident non U.S. citizen?
n Are you interested in investing in U.S. securities or real estate?
n Are you concerned about U.S. estate and transfer taxes?
n Have you considered what would happen should you become incapacitated?
Legacy Trust
Legacy Trust
n What kind of control and flexibility do you want to have over your trust?
n How will you pass your personal values on to future generations?
n How important is minimizing state income tax and transfer tax to you?
n Do you have real estate or a family business that you would like to pass to future generations?
Life Management Services
Life Management Services
n Looking ahead, what support might you need to be able to stay in your home?
n How do you manage your day-to-day finances?
n What keeps you up at night?
For Family Members
n Has your loved one’s behavior changed? Are they vulnerable to undue influence?
Oil, Gas and Mineral Management
Oil, Gas and Mineral Management
n Do you own oil, gas, and mineral interests?
Who manages the properties? You? Or other family members?
n What are your specific, long-term goals for the assets?
n Who will be involved when you can no longer manage these assets? n
Philanthropic Services
Philanthropic Services
For Individuals
n Do you have a strategy for managing your charitable interests?
n What inspires you to make a charitable gift?
For Institutions
n What trends are you seeing in your fund raising efforts?
n How comfortable are you that your board is following prudent investment standards?
Real Estate Asset Management
Real Estate Asset Management
n Do you own or want to own any investment property?
n How do you plan to transfer your real estate investments to your heirs? Or do you plan to sell?
n How do your real estate assets align with your total portfolio, liquidity, and diversification?
n Do you have any current challenges with your real estate?
Special Needs Trust Services
Special Needs Trust Services
For Individuals
n Is there someone in your family living with a disability?
n What safety net do you have in place for your loved one living with special needs if something happens to you?
For Personal Injury and Trust & Estate Attorneys
n Who do you suggest as a corporate trustee when your clients have a:
Personal injury case?
Third-party special needs trust?
Specialty asset investments, including real estate, mineral interests, and closely held businesses, carry unique risks, including lack of liquidity and potential complex tax consequences, and may not be suitable for all investors. Wells Fargo Wealth Management provides products and services through Wells Fargo Bank, N.A. and its various affiliates and subsidiaries. Wells Fargo & Company and its affiliates do not provide legal advice. Please consult your legal and tax advisors to determine how this information may apply to your own situation. Wells Fargo Bank, N.A. (the “Bank”) offers various advisory and fiduciary products and services. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company. Financial Advisors of Wells Fargo Advisors may be paid an ongoing or one-time referral fee in relation to clients referred to the Bank. The role of the Financial Advisor with respect to Bank products and services is limited to referral and relationship management services. The Bank is responsible for the day-to-day management of the account and for providing investment advice, investment management services, and wealth management services to clients. The views, opinions, and portfolios may differ from our broker dealers. © Wells Fargo Bank, N.A. All rights reserved. NMLSR ID
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7. In the Future, My Family & Business Will…..........