“While we help executives at any stage of their careers, the landscape is even more complicated at retirement. When is the right time to exercise options? How do you take your deferred compensation given your tax situation? What is the right election to make for your executive pension? One client had significant philanthropic intentions at retirement, and we were able to structure his giving in the most advantageous way for both him and the charity.”
Waldron timed the exercise of his executive stock options and used the client’s executive compensation to fulfill his charitable intentions. The use of the asset allowed the client to fulfill his charitable wishes for less than 50 cents on the dollar out of his pocket.
We structured the payout elections of his deferred compensation to significantly lower the associated taxes, leaving more in his pocket to spend on travel all over the world.
Waldron worked on pension elections that helped the client and his spouse feel secure in their future by ensuring the right amount of consistent cash flow would be received during their lives.