How to Create Generational Wealth: Tips for High Net Worth Individuals

Apr 16, 2026

In this episode, Logan DeGraeve, CFP®, and Corey Hulstein, CPA, distinguish between reactive tax preparation and proactive forward-looking tax planning . We analyze the IRC §408 implications of the SECURE Act’s 10-year rule, which requires non-spouse beneficiaries to liquidate inherited IRAs within a decade, often creating a significant tax burden for heirs in their peak earning years. The discussion covers the "Silo Effect"—the financial danger that occurs when a CPA, attorney, and advisor fail to coordinate—exemplified by families who draft complex trusts but fail to properly title and fund them, leading to unnecessary probate.

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Educational Tool: Access the Retirement Plan Checklist to benchmark your current 401(k) and Social Security strategy against 2026 inflation.

Topical Deep-Dive: Visit the Modern Wealth Education Center for informative content on withdrawal strategies and tax-efficient retirement planning.

Fiduciary Consultation: To move from education to a personalized financial plan, you can schedule a meeting with our CFP® and CPA team._____________________
Chapters:
00:00 Proactive Tax Planning vs. Reactive Tax Prep 
2:40 Relocation and Asset Access in Financial Planning 
4:07 2026 Estate Tax Limits: $15M and $30M Exemptions 
5:07 The Emotional Side of Inheritance: Helping Heirs Now vs. Later 
6:15 Generational Wealth Accounts: Brokerage, Roth IRAs, and 529s 
8:00 The Airplane Analogy: Putting Your Own Oxygen Mask On First 
11:23 2026 Annual Gift Exclusion Rules: How to Gift Correctly 
13:23 Strategic Gifting: How to Transfer $300k+ Annually Tax-Free 
17:03 Gifting In-Kind: Leveraging 0% Capital Gains for Grandkids 
19:26 Step-up in Basis: The Best Wealth Transfer Strategy? 
21:54 The SECURE Act 10-Year Rule and Roth Conversions 
23:24 Why Charitable Heirs Should Avoid Roth Conversions 
26:11 The Silo Effect: Why Your Professionals Must Coordinate 
28:12 Trust Funding Failure: Avoiding the Probate Trap
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Sources:
Presented by Corey Holstein, CPA, and Logan DeGraeve of Modern Wealth Management®.

https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes 
 
https://www.irs.gov/newsroom/irs-releases-tax-inflation-adjustments-for-tax-year-2026-including-amendments-from-the-one-big-beautiful-bill 
  
https://www.irs.gov/taxtopics/tc703 
 
https://youtu.be/YiI7qjR0fXQ?si=c46LfHzc-cEhGe8b 
https://www.americanbar.org/groups/real_property_trust_estate/resources/estate-planning/revocable-trusts/ 

https://youtu.be/bubZLJUdIlI?si=SEZYhTN5iaI_EmR- 
https://youtu.be/ze1sYnh_VR8?si=Xjvd2ycXS-dO0IUp 
https://youtu.be/B4mTbCUuFGE?si=tC2B0j6HZggOk45r 
https://youtu.be/BdM-15mxEDM?si=0jFMRTao3Gbg1dG_ 
https://youtu.be/n_uePPhiZPE?si=25LMA21TmUe0UyFH 
https://youtu.be/RmiJyyuhmj0?si=ovZe-AWqhyBjx9yp 
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Investment advisory services offered through Modern Wealth Management, LLC, a registered investment adviser.

The views expressed represent the opinion of Modern Wealth Management a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.