Strategic Tax Planning
Maximizing After-Tax Wealth for High-Net-Worth Families
Taxes can be a significant lifetime expense, potentially eroding wealth if unmanaged. Our approach to strategic tax planning focuses on the long-term alignment of your investment, estate, and income strategies. We help you explore ways to manage tax liability and support financial opportunities.
Tax-Efficient Approach
An effective wealth management plan considers the potential tax impact of every financial decision. Our process is designed to evaluate your financial picture through a tax-conscious lens, aligning with your long-term goals.
Professional Collaboration
While we do not prepare tax returns, we work closely with your CPA, attorney, and other professionals. Our role is to serve as a strategic partner, helping to support a cohesive and well-coordinated financial strategy.
Why Strategic Tax Planning Matters
Strategic tax planning helps preserve and optimize wealth for high-net-worth and ultra-high-net-worth families families facing unique challenges. Unlike those with simple returns, high-net-worth and ultra-high-net-worth individuals often encounter complex situations that require a forward-looking, integrated approach, including:
Multiple Income Streams
Multiple sources of income, including investments, businesses, and real estate.
Tax Exposure
Significant exposure to capital gains and estate taxes.
Wealth Transfer
Complex gifting and wealth transfer considerations.
Jurisdictional Complexity
Cross-border or multi-state residency issues.
Philanthropic Planning
Charitable giving strategies that require thoughtful design.
Our Integrated Approach to Strategic Tax Planning
Tax planning is not a once-a-year exercise at tax filing time. It is an ongoing process that should be considered in every financial decision. Our approach includes:
We begin with a holistic review of your current tax exposure, analyzing income, investments, business interests, and estate structures.
We identify opportunities to minimize liability through timing, restructuring, or reallocation of assets.
We coordinate with your CPA and attorney to ensure strategies are both technically sound and aligned with your broader wealth plan.
Tax laws are dynamic. We provide ongoing monitoring to ensure that your strategies remain current, compliant, and effective.
Key Tax Planning Strategies We Facilitate
We deploy a wide range of strategies tailored to each client’s circumstances.
We help structure investment portfolios to support tax efficiency by managing holding periods for long-term capital gains and utilizing tax-loss harvesting opportunities to offset gains where appropriate.
Our approach involves coordinating distributions from various retirement accounts to help manage taxable income. We also facilitate strategic Roth conversions and help clients leverage qualified charitable distributions for tax-advantaged giving.
We collaborate with your estate planning professionals to ensure tax strategies are fully integrated. This includes helping you utilize lifetime gift exemptions and establish trusts designed to support the preservation of your legacy.
For business owners, we provide guidance on designing succession plans and structuring compensation with tax efficiency in mind. We also help evaluate the optimal timing for business sales or other liquidity events to manage the potential tax impact.
We help families align their philanthropic goals with their financial picture. This involves implementing structures like donor-advised funds or private foundations and designing charitable remainder or lead trusts to support both meaningful impact and tax efficiency.
The Moran Wealth Management® Difference
Tax planning is often fragmented—handled separately from investment management or estate planning. This siloed approach creates missed opportunities. Moran Wealth Management® offers an integrated model, ensuring tax considerations are woven into every element of wealth management. Our advantages include:
Proactive Strategy
We do not wait until tax season—we plan throughout the year.
Collaboration
We work seamlessly with CPAs, attorneys, and other professionals.
Customization
No two families are alike; our strategies are tailored to your assets, goals, and circumstances.
Long-Term Focus
We look beyond annual returns to strategies that create enduring efficiency.
Tax Planning as a Cornerstone of Wealth Management
Strategic tax planning is essential to preserving wealth for future generations. Our integrated approach helps align your financial decisions with their tax implications, providing the foresight and clarity needed to support your most important long-term objectives.