Family

Three Questions to Answer Before You Purchase Life Insurance

Life insurance can be an extremely important, even essential, part of your financial plan. One of its most attractive aspects for many individuals and families is the death benefit of the policy-the money that the insurance company pays out in the event of the insured’s death. But navigating the life insurance landscape can be tricky-and

2021-11-18T21:00:19+00:00July 14th, 2020|Family, Financial Planning, Insurance, Tax Planning, Wealth|

Preparing Heirs for Their Inheritance

Inheriting money comes with plenty of benefits. From being less worried about paying for life’s necessities to enjoying the luxuries affluence can bring, inheritors often find that many of life’s key stumbling blocks are no longer in their paths. That said, an inheritance doesn’t automatically mean a worry-free life of ease. Inheriting wealth can actually

2021-11-18T21:01:24+00:00July 13th, 2020|Asset Protection, Family, Wealth|

Want to Promote Family Entrepreneurship? Consider a Family Bank

A key objective among many single-family offices serving Super Rich families (those with a net-worth of at least $500 Million) is to enable future generations of family members to build their own wealth and create their own entrepreneurial legacies. With that in mind, the Super Rich are embracing ways to develop the business acumen of

2020-10-22T20:35:39+00:00July 6th, 2020|Asset Protection, Family, Tax Planning, Wealth|

Why You Need a ‘Business Plan’ for Your Family

When business owners start a new venture or seek out funding, they always create a detailed business plan first. But chances are, most parents have never once thought about creating a similar type of plan for their most important assets: their families. Your family may not be a business, but clearly it can be a

2020-10-22T20:36:22+00:00July 6th, 2020|Business Tips, Family|

The Importance of Family Governance

Keeping Family Wealth and Relationships in Good Shape The old saying “Shirtsleeves to shirtsleeves in three generations” means family wealth that’s built by the first generation is eroded or even destroyed by the third generation, which squanders the assets it inherits through reckless spending, poor investment decisions and other mistakes. The result: The family ends

2021-11-18T21:14:36+00:00June 30th, 2020|Family, Professional Advisors, Wealth|

Five Reasons to Make Philanthropy a Family Affair

Five Reasons to Make Philanthropy a Family Affair Getting your family involved in charitable giving can create a powerful legacyA growing number of successful people have a strong urge to "pay it forward" by financially supporting causes and organizations that are near and dear to their hearts. Many of you already make regular

2024-03-06T20:02:02+00:00March 12th, 2020|Family, Philanthropy|

The Value of Multigenerational Family Meetings

The Value of Multigenerational Family Meetings If you've amassed sizable wealth, or are on the right path and getting there, it may be time to consider how to pass on some of that money to children and grandchildren-without creating big problems that could harm their futures and destroy family harmony.The fact is, family

2024-03-06T20:10:44+00:00March 12th, 2020|Uncategorized|

Three ‘Spy Secrets’ That Can Protect You, Your Family and Your Business

Three 'Spy Secrets' That Can Protect You, Your Family and Your Business Imagine yourself in a vintage tuxedo, sipping a "shaken, not stirred" martini as you make eye contact across the bar with a beautiful secret agent who is about to covertly hand you a dossier with information that will help prevent

2024-03-06T19:23:52+00:00March 12th, 2020|Uncategorized|

Elite Wealth Planning What it is and why it matters

Elite Wealth Planning What it is and why it matters Elite wealth planning often plays a key role in the lives of today's highly successful individuals and families-as well as those who are on the path toward great financial success. With that in mind, here's a closer look at just what elite wealth

2024-03-06T19:24:39+00:00March 12th, 2020|Uncategorized|

The Super Rich’s Three Big Fears-and How They Work to Overcome Them

The Super Rich's Three Big Fears-and How They Work to Overcome Them Significant wealth can reduce many of life's trouble-but it can't eliminate them entirely. Even the richest among us have fears.   But there is one difference. In our experience working with the Super Rich-people with a net worth of at least $500 million-we

2024-03-06T20:10:06+00:00March 12th, 2020|Uncategorized|
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