Estate Planning & Generational Wealth Protection
As part of the Family CFO Service, we will offer to hold a copy of your important documents such as your will, powers of attorney, tax returns and trust deeds within your secure online family vault. So if anything happens to you, we can promptly assist your trusted appointors.
Generational Wealth Preservation
Wealth preservation is in integral part of the Family CFO Service to help you plan your family’s financial future.
Wealth preservation has become a significant issue as our lives become increasingly litigious. Both individuals and businesses are at risk of sometimes frivolous claims, so more and more people are ensuring that their assets are well protected.
In simple terms, a wealth preservation strategy separates assets from risks. Traditional strategies involve ‘gifting assets’ (putting assets in the name of a trusted person/entity who does not take on any risk), however there are other strategies that can be more effective.
When considering wealth preservation as part of your overall financial plan, strike a balance between various options. Sometimes an emphasis in one area may reduce efficiency in other areas. Such is the case when trying to balance the issues of wealth preservation, tax efficiency and estate planning. A tax-efficient structure may provide no protection for assets; or a structure where all wealth is preserved may be too rigid to operate a business and maximise wealth.
Estate Planning
Estate planning is in integral service offering to help you plan your family’s financial future.
Estate planning and your financial plans need to work in harmony, so we collaborate with lawyers with experience in estate planning to ensure your estate plans are in order. This will reduce the risk of your loves one’s arguing over your money after you’ve passed away, whilst enhancing tax efficiencies and protecting your legacy from unintended parties.
Create Generational Wealth
Creating generational wealth involves establishing financial security and prosperity that can be passed down from one generation to the next. It includes strategies like wise investments, business succession planning, real estate, and financial education, ensuring that future generations have the resources and knowledge to build on this legacy. By understanding and implementing these practices, families can achieve long-term financial stability and success, providing a lasting foundation for their descendants. Join us to learn how you can start building your family's wealth legacy today.
How you’ll feel
Confident and financially organised with peace of mind about your financial future, even if life throws you a curveball.
