Advanced Estate Planning Strategies

CFA Level III: Wealth Management and Institutional Investing · 3:29

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Lyrics

[Verse 1]
When wealth grows large and families expand
There's more to planning than you understand
Generation-skipping trust is the key
To pass your fortune down tax-free
Your children's children get the prize
While avoiding tax that multiplies

[Chorus]
GST exempt, that's the way
Forty percent you'll save today
Forced heirship rules, know your zone
Cross-border planning, claim your own
Estate strategies, advanced and smart
Make your legacy a work of art

[Verse 2]
In Louisiana and around the globe
Forced heirship puts you in a different robe
You cannot freely give away
A portion that's reserved they say
For children who must get their share
Even when you think it's unfair

[Chorus]
GST exempt, that's the way
Forty percent you'll save today
Forced heirship rules, know your zone
Cross-border planning, claim your own
Estate strategies, advanced and smart
Make your legacy a work of art

[Verse 3]
When assets cross from land to land
Tax treaties help you take a stand
Double taxation can be fought
With proper planning that you've sought
Foreign trusts and domestic too
Know the rules that govern you

[Bridge]
Dynasty trusts that never end
QTIP elections that you can send
Charitable lead and remainder splits
Use every tool that truly fits
The generation-skipping tax
Plan ahead, don't just react

[Chorus]
GST exempt, that's the way
Forty percent you'll save today
Forced heirship rules, know your zone
Cross-border planning, claim your own
Estate strategies, advanced and smart
Make your legacy a work of art

[Outro]
From simple wills to complex schemes
Advanced planning fulfills your dreams
Every dollar that you save
Is wealth that future generations crave

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