If you have accumulated wealth, it is important to protect it. If you take steps to protect your assets, a significant amount of your wealth will not end up in wrong hands. By putting the right wealth transfer strategies in place you can protect your heirs and make sure your wishes are respected.
Every member of a business-owning family should be concerned about the following statistics:
Only 7% have hired professionals to help deal with the family relationship issues involved in planning for the continuation of the business.
For individuals who own businesses, an appropriate wealth transfer plan will blend personal, financial and tax considerations into a comprehensive family wealth transfer plan and business succession plan that preserves a family’s wealth for the individual and his or her heirs.
So, are you going to make a plan now or leave it to chance? Contact one of our advisors or ask any questions you have about the wealth transfer plan here.
