Wealth Management Charleston SC

High net worth individuals and organizations can opt to employ a wealth manager to handle their financial issues, including things like estate planning, taxes, investment management and more. Wealth management services are provided by corporations, financial advisors and multi-licensed portfolio managers. They use wealth management strategies to help their clients grow their wealth and assets as well as to navigate tax law. Wealth managers oversee all the financial affairs of their clients, which can be extremely helpful for those with numerous and diverse financial holdings.

Helen Berenyi
Red Triangle, LLC
(843) 573-7277
210 Coming Street, Suite C
Charleston, SC
Expertises
High Net Worth Client Needs, Financial Issues Between Generations, Divorce Planning, Charitable Giving - Trusts & Foundations, Estate & Generational Planning Issues, Alternative or Private Investments
Certifications
NAPFA Registered Financial Advisor, CDFA, CFP®

Ms. Helen C. Berenyi, CFP®
(843) 573-7277
210 Coming St Ste C
Charleston, SC
Firm
Red Triangle

Data Provided by:
Mrs. Lucinda E. Shields, CFP®
(843) 577-9700
158 Meeting St Fl 2
Charleston, SC
Firm
UBS Financial Services Inc

Data Provided by:
Mr. Brannigan Heath Beam, CFP®
(843) 277-3197
40 Calhoun Street Ste 240
Charleston, SC
Firm
Northwestern Mutual Financial
Areas of Specialization
Business Succession Planning, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning, Small Business Planning, Wealth Management

Data Provided by:
Mr. John M. Tabb Iii, CFP®
(843) 376-1321
112 Bull St
Charleston, SC
Firm
Questis
Areas of Specialization
Asset Allocation, Education Planning, Employee and Employer Plan Benefits, General Financial Planning, Investment Management, Investment Planning, Young Professionals

Data Provided by:
William Prewitt
Charleston Financial Advisors, LLC
(843) 722-3331
4 North Atlantic Wharf, Suite 200
Charleston, SC
Expertises
Ongoing Investment Management, Women's Financial Planning Issues, Cash Flow/Budgets/Credit Issues, Helping Clients Identify & Achieve Goals, Advising Medical Professionals, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®, MS

Mr. Charles J Parsons, CFP®
(843) 720-7480
151Meeting Street
Charleston, SC
Firm
Raymond James and Associates

Data Provided by:
Ms. Karen J. Phillips, CFP®
(843) 722-5945
212 1/2 King Street
Charleston, SC
Firm
Atlantic Coast Asset Management, Inc.

Data Provided by:
Mr. Michael E. Felton Ii, CFP®
(843) 329-1343
152 E Bay St
Charleston, SC
Firm
First Citizens - Capital Management

Data Provided by:
Mr. Kirk Weichsel, CFP®
(843) 720-9417
17 Lockwood Dr
Charleston, SC
Firm
Merrill Lynch

Data Provided by:
Data Provided by:

Wealth Management

By: Jonas Zamora
Jonas Zamora is a Certified Financial PlannerTM professional. You may contact him at jzamora@zacks.com

Benefits of Estate Planning

Have you ever been advised that you should have an estate plan? You hear the advice and, like most folks, don’t have a clear idea of why you should have one. I read an article by financial planner Elaine Floyd, which outlines the reasons why you should have an estate plan.

Let’s start with the benefits. An estate plan allows you to:

1. Direct the distribution of your wealth at death. An estate plan allows you to name the people, or charities, that will receive your assets. Otherwise, the courts will decide for you based on the laws of succession in your state.
2. Save on estate taxes. The estate tax still exists at least until 2009. In 2010 it will be repealed but may come back in 2011. This year, assets that total up to $2 million are exempt from federal estate taxes. The top tax rate on assets above that amount is 45%. Keep in mind that state inheritance tax has not been abolished either.
3. Save money on probate fees and keep your privacy. Probate fees can run up to about 10% of your estate’s value. Keep in mind that probate is time consuming and a matter of public record.
4. Protects assets while you are alive. Estate planning strategies can help protect you in case of lawsuits and divorce.
5. Prepare for incapacity. What happens if you are unable to handle making the payments for the care you receive while incapacitated? Who will manage your care and finances? An estate plan can help assure your well being if you become unable to make your own decisions....

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