Ep006: Estate Planning Strategies for High Net Worth Families in Newport Beach

Описание: In this episode of Legacy Protected, we take a deep dive into estate planning strategies tailored for high net worth families, with a focus on the unique financial, tax, and family dynamics that come with significant wealth. From evolving federal estate tax exemptions and gifting strategies to advanced planning tools like irrevocable trusts, LLCs, and asset protection structures, this conversation explores what separates sophisticated estate planning from the basics. We also unpack how legacy planning goes beyond dollars and documents, addressing family values, multi-generational goals, and the importance of laying a strong foundational plan before moving into complex strategies.

Listen wherever you find podcasts!

The discussion also tackles real-world challenges affluent families face, including blended families, beneficiaries with special needs, international assets, business succession planning, and protecting wealth from creditors, lawsuits, and divorce. Throughout the episode, listeners gain practical insight into how thoughtful planning can reduce taxes, preserve control, and prevent conflict while ensuring a family’s intentions are carried out for generations.

Host DeDe Soto shares her experience working with high net worth families in Newport Beach and Orange County, explaining how local knowledge, decades of practice, and a client-centered approach shape effective estate plans that balance protection, flexibility, and legacy.

If you’re building, preserving, or preparing to pass on significant wealth, this episode offers clear guidance on how to do it right—starting with the foundation and planning with intention.

In this episode, you will hear:
-What makes estate planning for high net worth families fundamentally different
-Recent estate tax exemption changes and why proper planning matters
-Advanced strategies using irrevocable trusts, gifting, and asset transfers
-Balancing wealth preservation with control and income during life
-Legacy planning beyond assets including values, stories, and family intent
-Protecting wealth from creditors, lawsuits, and divorce across generations

Chapter
00:00 - High-net-worth estate planning
03:11 - Elite estate strategies
05:32 - Generational legacy
07:49 - Proper foundation

Resources from this Episode
https://www.thesotolawgroup.com/conta...
Phone: 949-629-4569
Address:
The Soto Law Group
4041 MacArthur Boulevard, Suite #200
Newport Beach, CA 92660

Follow and Review:
We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.

Episode Credits
If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.

#estateplanning #wealthmanagement #financialplanning #trustsandestates #assetprotection #taxstrategy #highnetworth #legacyplanning #estateadvisor #familywealth #generationalwealth #businesssuccession #estateattorney