Andrew Victor, CEO/Founder“Tactical Tax and Estate Planning distinguishes itself by serving as a family office for clients large and small, which is unusual in an industry where minimums are typically $5 million or higher. We are also committed to leveraging technology for better financial planning,” states Andrew Victor, CEO and Founder of Tactical Tax and Estate Planning.
Placing a high premium on estate planning as a cornerstone of financial security, TT and EP attempts to streamline the estate planning process using its online cloud platform and a network of experienced attorneys. This technology-driven approach eliminates costly and time-consuming appointments, allowing clients to seamlessly implement and update their estate plans, encompassing trusts, medical directives, and other essential legal documents.
The firm delivers its estate planning services using a unique methodology, with the initial consultation involving an extensive interview to assess client compatibility and specific needs. This complimentary session, known as the ‘Fit process’, ensures mutual fit between the client and the organization. Upon deciding to proceed, it utilizes its efficient ‘90 and 90 formula’, completing 90 per cent of the estate planning process in just 90 minutes. During these 90 minutes, clients determine beneficiaries, successor trustees, powers of attorney, and medical directives.
Clients can effortlessly make decisions using the intuitive cloud platform, with help from ‘Lucy’, the company’s proprietary virtual assistant. It even enables the creation of a wallet card, which medical professionals can use to access the client's directives if incapacitated. The crucial step of funding trusts is also addressed. TT and EP assists clients in compiling asset statements and deeds and securely storing them in an encrypted vault. Furthermore, Epic Services Company, part of the firm's network of affiliated entities, operates as a central platform facilitating access to legal documents for clients, advisors, and physicians.
Moreover, Tactical Tax and Estate Planning is vital to educating the public about the importance of estate planning and the inadequacy of relying solely on a basic will. It aims to raise awareness among individuals that failing to establish an estate plan during their lifetime would result in the government making those decisions on their behalf in the event of incapacity or demise. As a result, TT and EP emphasizes that developing an estate plan while still alive is the sole means for individuals to allocate their wealth according to their preferences.
Beyond estate planning, Tactical Tax and Estate Planning recognizes the significant impact of taxes on clients’ overall financial returns. With a focus on tax mitigation strategies, the firm empowers clients to ‘divorce the IRS’ by minimizing their tax liabilities. Its experienced tax coaches ensure that clients have a thorough understanding of how taxes affect their financial goals and assist them in implementing proactive measures to optimize their tax positions. TT and EP offers comprehensive business planning, risk mitigation, and legacy planning services. It also is involved in retirement planning, allowing individuals to retire with significantly more money at their disposal.
Tactical Tax and Estate Planning distinguishes itself by serving as a family office for clients large and small, which is unusual in an industry where minimums are typically $5 million or higher. We are also committed to leveraging technology for better financial planning.
One example of their success is a couple who attended one of the company’s webinars and received comprehensive estate planning services. Given the virtual nature of the firm’s operations, it could effortlessly establish a trust, fund it accordingly, and create powers of attorney, including crucial medical powers of attorney. Unfortunately, merely a month later, the husband suffered a stroke, incapacitating him. However, because of the previously implemented legal directives, swift action was taken to ensure the wife’s access to funds and arrange the necessary care following the husband’s predetermined medical directives, encompassing his preferences regarding life support and related matters.
TT and EP’S virtual approach enables it to reach clients far beyond the geographical boundaries of its offices. Supported by a team of client concierges, network attorneys, strategic tax coaches, tax preparers, wealth management experts, and tax mitigation professionals, they are poised to disrupt the financial planning industry.
