999 Berkshire Boulevard,
At Dorko Wealth & Estate Planning we help family businesses, individuals, and business owners create truly lasting legacies for the future development of their business. We guide them to implement plans for transferring their legacy to multiple generations of their family. Our business takes a holistic approach to wealth management, we believe simplifying things for our clients is best, that is why we provide both legal and financial guidance.
Having a family business successfully transfer to succeeding generations requires long-term planning and the involvement and communication of all family members, not just those involved in the business. Family members must not only understand but also “buy-in” to the plan. This process requires not only the initial establishment of the plan but also annual reviews to make sure things stay on track.
Let’s face it, there is no such thing as a “perfect” family. Often wealth that is amassed in one generation is dissipated just as quickly by the next. Legacy planning helps to ensure an individual’s “non-financial assets” such as their core values, traditions, philanthropy, valuable life experiences, and shared stewardship of one’s family wealth get transferred along with their financial wealth. We believe this can set generations up for success rather than enabling potential difficulties.
Rigorous client discovery is needed in order to accomplish these goals. We start by discussing what is important to you and what you want to accomplish. We then work together to develop a plan to accomplish these goals, drawing upon our accumulated 50 plus years of experience as a business and estate planning attorney and financial advisor. Here we ensure legal documents and a financial plan are in place to meet your objectives. This can include anything from life insurance to fund business buy-sell agreements to federal estate tax planning to investment and risk management.
Our financial services include:
Our legal services include: