This is doubly important if you have a trust in place for your assets, or property in multiple states. Related Posts. It involves assessing current financial resources, creating strategies for wealth accumulation and preservation and establishing mechanisms for the distribution to loved ones at the correct time and in the correct manner.
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Read MoreFirst, naming beneficiaries is the easiest and most straightforward way to hand down assets at death, as there is little room for interpretation. This might include setting up trusts, establishing family investment companies and considering how to protect wealth from life events such as divorce or separation. This can and should include non-financial assets such as real estate. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. Past performance does not guarantee future results. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site.