Tag: navigating wealth

For many families, the idea of a vacation home carries an emotional pull that goes beyond square footage or views. It’s about gathering children and grandchildren in one place, creating traditions, and building something that lasts beyond a single generation.

Portfolio risk is often discussed in terms of age. But the amount of risk that makes sense often depends more on goals, time horizon and cash needs than a number on the calendar.

For high-net-worth individuals, generating retirement income is only one part of a broader strategy. Equally critical is maximizing your net retirement income.

Shared giving can do more than support good causes. It can bring families closer together.

For many business owners, selling a company is the culmination of years or even decades of risk-taking, sacrifice and more than a few sleepless nights. It’s a major life event, and most business owners I encounter put a great deal of planning into the transaction.

For high-net-worth individuals, divorce isn’t just emotionally challenging but also a major financial turning point that can fundamentally reshape the trajectory of your long-term wealth strategy.

There is no one-size-fits-all rulebook for how to talk to younger generations about money and wealth. Every family is different.

Financial advisors can play a crucial role in preserving and growing generational wealth. But it’s also true that some are better than others.

Choosing the right Certified Public Accountant (CPA) and/or Trust and Estate (T&E) attorney is crucial for high-net-worth families. If your overarching goal is to manage wealth effectively and ensure financial security across generations – which for most families, it is – then working with highly-skilled and knowledgeable experts is simply a must.

Many high-net-worth families have long-term goals of transferring wealth to future generations while also giving back to the communities and causes they value. This article focuses on a strategic, effective and efficient method for carrying out both objectives: donating stocks.