Estate Planning in Minneapolis
Align Your Wealth With the People and Causes That Matter Most to You
A Coordinated, Tax-Aware Approach
Estate planning at Laurel Wealth Planning begins with understanding what you want your wealth to accomplish during your lifetime and beyond. That means going deeper than wills and trusts. Your estate strategy should connect directly to your investments, your tax situation, your charitable goals, and the people you want to benefit. All those pieces need to work together.
Because the LWP team includes Certified Public Accountants, a Personal Financial Specialist, and a Master in Taxation, the tax implications of estate decisions are part of the conversation from the start. This depth of skill enables a level of coordination that firms without tax credentials may be less positioned to provide.
LWP works alongside your estate attorney to implement your plan and can assist you in finding an attorney if you do not already have one in place. With a high professional-to-client ratio, LWP gives each detail the attention it requires, with the goal of nothing falling through the cracks.
What Estate Planning at LWP Includes
The strategies LWP draws on span gifting, charitable giving, tax minimization, and investment coordination. The right combination depends on your goals, your tax situation, your family dynamics, and your values.
Annual gifting strategies allow you to transfer wealth to family members in a tax-efficient way, reducing your estate while supporting the people you care about now. Charitable vehicles such as donor-advised funds and charitable remainder trusts allow you to give to causes close to your heart while realizing significant tax advantages. Trust structures shield assets and direct them to the right people at the right time, on your terms.
LWP examines the tax basis on appreciated assets and structures decisions around capital gains to reduce the exposure your estate may face. Roth IRA conversion timing is also evaluated through an estate lens, identifying years when conversions can reduce the overall tax burden passed to heirs. IRA distribution planning can enhance the dollars your heirs ultimately receive.
When tax laws change, LWP identifies which clients are affected and recommends changes accordingly. Beneficiary designations, account titling, and coordination across multiple accounts are reviewed regularly to carry out your intentions accurately.
How Much Can You Give Without Running Out?
One of the most common questions clients bring to LWP is how much they can give—to family, to causes they believe in, to the people who shaped their lives—without putting their own financial security and choice at risk. The answer begins with a detailed long-term analysis of your income needs, investment strategy, tax picture, and projected expenses.
Generous giving does not have to wait until death. With the right plan in place, you can experience the satisfaction of giving during your lifetime, seeing the impact of your gifts firsthand, while maintaining confidence that your own foundation remains solid. LWP helps clients at this stage explore what generosity looks like on their terms, structured to be as tax-efficient as possible.
Why Choose Laurel Wealth Planning?
Wealth management prioritizes aligning your financial decisions with the life you want to lead. By integrating investment strategy, tax planning, cash-flow planning, and estate planning into a single cohesive approach, LWP simplifies your financial life and offers clarity at each step.
With more than 25 years of experience and a team holding some of the most respected credentials in the industry, including CPA, PFS, and Masters in Taxation, LWP brings a depth of tax and financial proficiency to estate planning that goes beyond what most advisory firms offer. The investment committee brings over 100 years of combined experience, and the firm’s high professional-to-client ratio maintains personalized, attentive service throughout the process.
At Laurel Wealth Planning, every engagement begins with understanding what matters most to you. Guided by the trademarked Laurel Wealth Harmony process, your estate strategy is connected to your broader goals, your values, and your vision for the people and causes you want to support.
Hear What Our Clients Say:
“My wife and I found Laura and her staff in 2019, just before my wife passed, leaving me with the gift of having already chosen Laura to move forward with managing our assets. My wife was a great judge of character, and it is here that I express my appreciation for the entire Laurel Wealth team, who reflect Laura’s and Jesse’s professionalism and personal warmth. Even knowing I am one of many clients, I am treated with care and always with a smile.
I now have a six-year relationship with Laura and Jesse as well as Mallory, Katie, and Natalie, all of whom treat me like a member of the family. Beyond that wonderful dynamic, the details of our financial business are handled with skill and precision. Laura and Jesse bring real expertise to our discussions, and I always receive the information I need in a timely way that is easy to understand. The care and attention I receive in every interaction makes me feel like their only client.
I am comfortable with the firm’s decision-making process and receive regular updates on how their strategies apply to my portfolio. All of my requests are addressed quickly and accurately. There is always a plan for my account, and the accountability Laurel Wealth brings to carrying out that plan is transparent and reviewed with me regularly.
I expect my experience is shared by clients throughout the firm, and I believe my gratitude for this relationship is mirrored by others. For certain, they deserve it.”
The above testimonial contains statements and opinions from actual clients of Laurel Wealth Planning. Individuals were not compensated to discuss their experiences or have them shared on this website. Each client’s experience will differ and highlighted clients’ experiences may not be indicative of the experiences of other current or future clients. All investing involves risks, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful.
Frequently Asked Questions
How much can I give without running out of money?
What makes estate planning at LWP different from working with just an estate attorney?
What if my estate documents are outdated or my accounts are scattered?
Do I need $10 million or more to work with LWP on estate planning?
Talk to your financial advisor today!
Why Choose Laurel Wealth Planning?