4470 Duckhorn Drive
Sacramento, CA 95834

(916) 440-8036

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Laureate Planning - Planning for the High Net Worth Client

Goralka Law Firm, PC • Serving the Sacramento, California Area


Laureate planning is generally appropriate for clients whose net worth is approximately Fifteen Million Dollars ($15,000,000) or more. The firm provides sophisticated planning for a variety of high net worth clients to help them achieve their enlightened dreams and goals. Wealthy families have unique opportunities and different challenges to achieve their goals that go beyond simply minimizing or avoiding estate tax and income tax. Wealthy families are more likely to have a family business and may wish to ensure that the continuation of the family business is not threatened by the loss of a key person. You may wish to seek guidance for the next generation to become competent stewards of your wealth. We establish master wealth plans by which we map out in detail potential lifetime planning vehicles to achieve your goals and objectives, including reducing applicable gift and estate taxes. Those objectives may include protecting your assets from lawsuits and creditors. We use a variety of sophisticated gift and estate planning vehicles, representing a "state of the art" understanding of applicable income, gift and inheritance tax laws. The plan is specifically tailored to your specific needs, goals and objectives including tax and other desires.

Laureate planning builds upon the family's foundational estate plan and utilizes a process of review, design, implementation and maintenance. We guide you to the best ways to achieve your goals or enlightened dreams without jeopardizing the legacy and assets you worked a lifetime to accumulate.

The review process begins with a pre-engagement - introductory visit. During this visit we will ask questions to gain a basic understanding of the client's particular situation. We will explain the planning process and set up an additional time to meet along with their trusted advisors.

During the review phase, we are devoted to learning about our clients, their goals and objectives and other challenges or expectations or desires. We also gather detailed financial information and existing legal planning documentation. This information is used to heighten and expand the client's expectations and objectives.

In the design phase, we work as a collaborative team with your trusted advisors to create a plan by analyzing, testing, and challenging combinations of planning theories and strategies that specifically meet the clients' needs. The design phase will include an analysis of the following data:

  • Most current financial statements, including the ownership and basis of all holdings;
  • Past three (3) years of individual and business tax returns;
  • Existing legal planning documentation; and
  • Supporting data and documentation; such as: stock option plans, buy-sell agreements and insurance portfolio papers.

During the plan implementation phase, we assign every detail of the plan to the appropriate advisors for immediate action. On the signing date you complete the documentation enabling each advisor to implement the complete plan, including the legal documentation.

After the plan is implemented, we provide ongoing maintenance to be sure the plan adapts to any changed circumstances, conditions and additional goals of the client.

Testimonials

I highly recommend your service. This has been an informative, reassuring, and pleasant experience. I have benefited greatly and I am pleased to have had the opportunity to avail myself of your services.

- Dr. Isadore Morrison, Jr

Mr. Goralka is an outstanding attorney who is very competent in various areas. We have received professional services from Mr. Goralka for many years. He is local to the Sacramento area where his roots lie, however, he doesn't stop there. Just recently, he prepared Living Trust Fund where he doesn't leave any rock unturned, and gives us real peace of mind. We are privileged to endorse Mr. Goralka in every way possible.

- Mr. & Mrs. Robert Ruffino

AV Preeminent
Wealth Counsel Member
Client Distinction Award
California Board of Legal Specialization
NAELA Member
Elder Counsel

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Goralka Law Firm serves clients throughout Sacramento, Roseville, Folsom and Elk Grove, California and the Surrounding Areas. Services provided include legal consultation and the preparation of: Revocable Living Trusts, Wills, Powers of Attorney, Living Wills, Healthcare Power of Attorney, Life Insurance Trusts, Family Limited Partnerships, Limited Liability Companies, Corporations, Charitable Trusts, Medi-Cal Planning, and Other Estate Planning and Tax Planning Strategies

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