Generational Wealth Planning Checklist

Building wealth is rarely the result of chance. It’s typically the outcome of years of disciplined decisions, successful careers, business ownership, or sustained investment strategies.

But as wealth grows, the nature of decisions tends to shift. The focus moves from accumulation to coordination how investments, taxes, estate structures, and long-term planning interact over time.

That shift is where generational wealth is either strengthened or gradually eroded.

Download a generational wealth checklist designed for individuals and families in Texas with concentrated or multi-generational wealth. Review estate planning, tax strategies, and long-term wealth transfer to help preserve wealth across generations.

The Generational Wealth Checklist is designed to give you a structured way to step back and assess your current approach.

It helps you review:

Gifting strategies and generational wealth transfer
The role of trusts in preserving assets across generations
Tax efficiency and how it impacts long-term outcomes
Alignment between estate planning and investment strategy
Financial readiness of beneficiaries
Long-term compounding and sustainability of wealth

Download the Generational Wealth Checklist

If you’re managing multi-generational wealth or beginning to think more intentionally about how it will transfer, this checklist is a practical place to start.

You can use it to:

Identify areas that may need attention
Evaluate how different pieces of your plan connect
Start more informed conversations with your advisors

A More Coordinated Approach to Wealth

As financial lives become more complex, decisions rarely exist in isolation. Investment strategy, estate planning, tax considerations, and retirement planning often overlap.

Working with an advisor trained in retirement planning (CRPC®) can help bring clarity to how income, investments, and long-term planning decisions fit together into retirement and beyond.

Similarly, incorporating a tax-aware planning perspective (TPCP®) can help evaluate how taxes may impact financial decisions over time, from investment strategy to wealth transfer.

If You Want a Second Perspective

Reviewing your plan independently is a meaningful first step. If you have questions or areas you’d like to think through further, I'm here as a resource.

No pressure. Just a conversation if it’s helpful.

Schedule a Conversation

Christopher J. Coffin, CRPC®, TPCP®

Senior Vice President, Financial Advisor

(512) 879-9606

chris.coffin@lplfinancial.com

Chris became a second-generation Financial Advisor in 2008, following in his father's footsteps. In 2023, he founded Coffin Financial Group to provide his clients with greater support.

*CRPC conferred by College for Financial Planning.