Fee-only, fiduciary estate and legacy planning in Overland Park. We coordinate your wills, trusts, and inherited portfolios with your attorney to minimize tax drag and eliminate probate friction.
Protect Your Family’s Wealth. Pass On Your Legacy Tax-Efficiently
Book a Free 15-Minute Estate & Inheritance Review
Talk to Dan Directly: (913) 274-9020Quick answer: Three Streams Financial provides fee-only estate and legacy planning for Kansas City-area families:
- Coordinating wills and trusts
- Inherited IRA and lump-sum tax planning
- Beneficiary reviews
- Generational wealth strategies built around dividend growth stocks and their favorable stepped-up cost basis at death
- We work directly with your estate attorney rather than replacing one
Here's What We're Going to Do
Ensure you have a clearly defined, transparent, and easy-to-follow estate and legacy plan. Three Streams Financial can assist in creating your ideal estate plan, tailored to your specific family situation, focusing on simplicity and tax efficiency. Rest assured that your family will be protected and that your assets will be distributed according to your wishes.
How can Kansas City families set up a tax-efficient estate and legacy plan?
Inheritance Investment and tax planning
How do I navigate the tax implications of inheriting a lump sum or IRA?
Estate planning - Wills and Trusts
How to protect your loved ones with the proper legal documents.
Generational Wealth Planning
Identify the best strategies to create wealth for your heirs.
Estate and legacy services:
- Prioritize comprehensive estate planning
- Create a personalized inheritance investing plan
- Ensure professional management of inherited portfolios and IRAs
- Gain clear insight into your financial situation
- Conduct a thorough beneficiary review
- Consult with an estate attorney for trust guidance
- Detailed performance is available in real-time
- Review 529 plans and Roth IRAs for optimal planning
- Commit to annual meetings to review the estate plan and update beneficiaries
What are the benefits of working with a fee-only fiduciary estate planning advisor?
What strategies protect your family wealth from estate tax and probate?
Inheritance
Managing the tax implications of an inherited IRA or lump-sum settlement.
It's important to have a well-thought-out plan for investing an inheritance to help you make informed decisions during this challenging time. Dealing with inheritance can be an emotional and overwhelming experience.
At Three Streams Financial, we provide a personalized and easy-to-follow inheritance investment plan to help you stay disciplined and make better investment decisions. We will create a written plan that is:
- Tailored to your risk tolerance, timeframe, and goals.
- Well-balanced and diversified in its investment mix.
- Designed to meet the tax requirements of inherited accounts.
Wealth for your heirs
Utilizing a stepped-up cost basis for generational wealth preservation.
Generational wealth refers to assets passed down from one generation to the next. Building generational wealth can provide long-term financial security and opportunities for your children, grandchildren, and beyond.
Our approach: Dividend growth stocks are particularly well-suited for this. Under current tax law, assets inherited by your heirs typically receive a "stepped-up" cost basis — meaning the asset's value resets to its price on the date of your passing, which can significantly reduce or even eliminate capital gains tax if your heirs later sell. Combined with a company's history of raising its dividend every year, this means your heirs may inherit not just an asset that's grown quietly over decades, but one that comes with a meaningfully cleaner tax picture than many other investments
Estate And Trusts
Coordinating wills and trusts with a local estate planning attorney.
Having all your estate documents in place gives you peace of mind and better outcomes for your family. Studies show that people are, more often than not, completely unprepared for the inevitable.
We strive to assist you in developing an estate plan that reflects your preferences and ensures your loved ones understand and can carry out your wishes. Having a plan in place can offer tax benefits, maintain privacy, and empower you to control the future of your wealth.
Frequently Asked Questions
A: Yes. I am registered as an Investment Advisor Representative (IAR) under the Investment Advisors Act Of 1940. Under this federal requirement, if you’re acting in an investment adviser representative (IAR) capacity, you’re a fiduciary. As a fiduciary, I am legally obligated to put my client's interests ahead of mine and act in my client's best interests at all times. This means that I must provide advice that is suitable for my client's needs and risk tolerance and must disclose any potential conflicts of interest.
A: You can search for registrations at the SEC’s Investment Adviser Public Disclosure Website: https://adviserinfo.sec.gov/ (My CRD#: 2131294)
A: The Fee-Only compensation method is considered the most transparent and objective method for financial advice. This compensation model helps to minimize conflicts of interest and guarantees that your financial advisor acts as your fiduciary, putting your interests first. Fee-only advisors are paid only by their clients for advice, plan implementation, and the ongoing management of assets.
A: Yes. I’ve chosen Charles Schwab to be the custodian for all my clients. The first thing to remember is your securities—like stocks, bonds, mutual funds, exchange-traded funds, or money market funds—held at Schwab are yours. The SEC's Customer Protection Rule safeguards customer assets at brokerage firms by preventing firms from using customer assets to finance their own proprietary businesses. I can also rest easy at night knowing that Schwab holds itself to the highest security standards when it comes to safeguarding my client’s assets. You can learn more about how your assets are protected by Charles Schwab at https://www.schwab.com/legal/account-protection.
A: We take nothing for granted. We have the independence of a boutique financial firm, but we’re backed by the power of CreativeOne Wealth, LLC, a revolutionary asset management platform and Registered Investment Advisory (RIA) firm. CreativeOne provides back-office support, ensures compliance, and continuously monitors privacy protection. You can learn more at https://adviser.creativeonewealth.com/tech.
First, RIAs are legally obligated to act in your best interest. They also tend to provide more personalized services. Since they aren't paid on commission, they don't have an incentive simply to deal with only when selling something. RIAs typically have transparent fee structures, often charging a percentage of assets under management or a flat fee, which aligns their interests with yours.
Many investors are unaware of, or confused about, the various fees they may pay when investing. Not my clients! We believe in Fiduciary transparency. Our fee schedule is 0.50% to 0.95% of assets under management annually. We can also negotiate a flat fee for outside investment advice. Our minimum account size is $500,000 of investable assets. However, our services are also available to active accumulators under 45 with a minimum of only $300,000.
Ready To Take Control Of Your Financial Prosperity?
No pressure. No sales pitch. Just a transparent conversation.