Estate/Wealth Planning

Research shows that 65% of the wealth created by the first generation is lost by the second generation, and 90% is lost by the third generation.

Further research reveals that 65% of the failure rate is due to lack of trust and communication within the family.

• 25% of the failure rate is due to the next generation not being properly prepared to receive the family’s wealth.
• Only 10% of the failure rate is due to lack of estate planning!

Thus, most estate and wealth transfer plans fail because they only focus on the financial aspects of the family’s wealth without properly addressing the relational or human capital aspects that are unique to each family.

By working as a team with our clients and their advisors, we develop a family wealth and business succession plan that utilizes creative planning strategies and techniques that are designed to:

• Maximize the family’s wealth.
• Enhance the family’s unity.
• Create a family legacy of significance.

We help our clients identify best practices of successful families and show them how to implement those practices into their plan.