When developing your family’s wealth transfer strategy, always consider how low interest rates can make a number of strategies even more effective.
In the event of a natural disaster, your first instinct may be to support relief efforts. How do you know which charities will use your donation effectively?
The ability to identify common family values and align them with long-term goals is a key characteristic of many families that successfully transfer wealth through the generations. Below we explore ways to clarify shared values and integrate them with four common principles that support successful multigenerational succession.
There are both financial and non-financial considerations to keep in mind when you marry or remarry later in life