Intergenerational Wealth Strategies
Navigating the Transition of Wealth Across Generations
The transfer of significant wealth is a complex milestone that extends far beyond the movement of assets. It represents the transition of a family’s legacy, values, and responsibilities. We understand that for ultra-affluent families, effective wealth transfer is defined not just by the size of the estate, but by the preparedness of the heirs and the resilience of the plan.
Empowering The Next Generation
Financial stewardship is a learned skill. Our approach centers on family governance and education, providing a framework to help prepare heirs for the complexities they will inherit. We facilitate family meetings and educational sessions designed to foster financial literacy and a sense of responsibility. By engaging the next generation early, we aim to build a bridge between your current plans and their future stewardship, helping to ensure they have the tools necessary to manage the family legacy with confidence.
Tax-Efficient Wealth transfer
Ultra-high-net-worth estates require sophisticated planning to address potential tax liabilities. We work in close coordination with your tax professionals to evaluate and implement structures, such as various trust types and gifting strategies, designed to facilitate the efficient transfer of assets. Our role is to help ensure that the investment management of these vehicles aligns with the broader tax strategy, striving to preserve a greater portion of your wealth for your children, grandchildren, and chosen causes.
Managing Risks to Inherited Wealth
Wealth can attract unforeseen risks. Preserving a legacy requires a defensive posture against potential litigation, divorce, or creditor claims. We collaborate with your legal counsel to help structure inheritances through protective entities and trusts. By integrating these legal protections with our portfolio management, we help create a robust environment designed to shield family assets from external threats while providing for the needs of your beneficiaries.
Defining & Preserving Your Legacy
Your legacy is a reflection of your life’s work and values. We assist families in articulating their mission and integrating those principles into their financial plan. Whether through the establishment of private foundations, donor-advised funds, or specific trust provisions, we help create a roadmap that reflects your wishes. Our team acts as a long-term partner, helping to ensure that your intent remains the guiding force of the estate for generations to come.
The Power of a Specialized, Collaborative Team
Managing the affairs of ultra-affluent families requires a “quarterback” approach that typical financial professionals may not provide. We specialize in working within a multi-disciplinary framework, acting as the connective tissue between your CPA, tax attorneys, and estate planners. This high level of coordination is designed to help ensure that no part of your plan exists in a vacuum. By aligning every facet of your professional advising team, we help create a cohesive strategy that is as unique as your family’s situation, placing your specific goals at the center of every decision.