Tag: navigating wealth
Strategies for Effective Charitable Giving
Charitable giving plays a critical role in improving people’s lives around the world. Increasingly, ultra-high-net-worth individuals and families are the ones supplying the funds needed to keep the work going.
What Affluent Families Need to Know About Tax Laws
For affluent families, tax planning is not just about complying with the law. It is also a critical component of wealth management and wealth preservation.
How to Avoid ‘Sudden Wealth Syndrome’ When Leaving Wealth to Children
Only about 10% of families can expect their wealth to last beyond their grandchildren’s generation.
That was one of the findings of a widely cited study from the early 2000s, which followed 3,250 families over 25 years. On average, a staggering 70% of a family’s wealth was gone by the second generation.
Should I Use a Trust in My Planning?
One question that comes up quite a bit is: Does it make sense to use trusts in my planning?
