Northland Financial Solutions

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Northland Financial Solutions

Book a Discovery Call

How the Tax Legacy Compass™ Program Works

A proven, step-by-step process designed to maximize your wealth and minimize your tax burden.

Our Four-Step Process

From initial consultation to ongoing support, we guide you every step of the way.

Discovery & Assessment

We begin with a comprehensive review of your situation, including the asset you’re selling, your financial goals, and your legacy aspirations. This helps us understand your unique needs and challenges.

Strategic Planning

Our team develops a customized strategy that addresses capital gains reduction, income generation, and legacy planning. We explore all available options and present clear recommendations tailored to your circumstances.

Coordination & Implementation

We work alongside your existing advisors—CPAs, attorneys, and financial professionals—to ensure seamless execution. Our collaborative approach ensures nothing falls through the cracks.

Ongoing Support

Your financial journey doesn’t end at implementation. We provide continued guidance and adjustments as your situation evolves, ensuring your strategy remains aligned with your goals.

Before vs. After the Tax Legacy Compass™ Program

See the tangible difference our strategies make for clients in various situations.

Business Owner Exit

Without the Tax Legacy Compass™ Program

  • Situation: Business valued at $5M with $4.5M in capital gains
  • Tax Impact: Estimated federal and state taxes: $1.45M

Net proceeds after taxes: $3.55M

With the Tax Legacy Compass™ Program

  • Strategy: Tax Legacy Compass™ implemented with Optional Legacy Boost
  • Tax Impact: Initial Estimated Tax Savings: $603,000.
  • Result: Income stream: $275K/year for 10 years + $6M Legacy Boost

Total Value Realized: > $8M in Tax Advantaged Value

Real Estate Sale

Without the Tax Legacy Compass™ Program

  • Situation: Farmland valued at $3M with $2.5M in Capital Gains
  • Tax Impact: Estimated capital gains tax: ~$980K

Net proceeds: ~$1.5M

With the Tax Legacy Compass™ Program

  • Strategy: Tax Legacy Compass™ implemented without Optional Legacy Boost
  • Tax Impact: Initial Estimated Tax Savings: $361,800.
  • Result: Income stream: $165K / year for 20 years

Total Value Realized: > $3.6M in Tax Advantaged Value

Investment Portfolio

Without the Tax Legacy Compass™ Program

  • Situation: Stock portfolio valued at $2M with $1.5M in Capital Gains
  • Tax Impact: Estimated Capital Gains Tax: ~$476K

Result: Net proceeds: ~$1.52M

With the Tax Legacy Compass™ Program

  • Strategy: Tax Legacy Compass™ implemented with Optional Legacy Boost
  • Tax Impact: Initial Estimated Tax Savings: $241,000.
  • Result: Income stream: $110K / year for 10 years + $2.7M Legacy Boost

Total Value Realized: > $4.0M in Tax Advantaged Value

*These are hypothetical scenarios for illustrative purposes only. Actual results vary based on individual circumstances.

Ready to See What the Tax Legacy Compass™ Program Can Do for You?

Every situation is unique. Let’s discuss your specific circumstances and explore the possibilities.

Schedule Your Discovery Call