Are You Asking the Right Questions?

Questions Build Rapport Meaningful relationships with others are an important ingredient of success and happiness in life. It’s rare when great achievements come about solely because of independent intelligence or efforts. Relationships are the foundation of what James Hughes has called “social capital”—one of the five forms of wealth that an individual or family possesses. […]

4 Family Office Best Practices

A New Era of Wealth For many decades, family offices were private and unique to each family served. In the era of Wealth 3.0, we are seeing a broadening of services, an expanding professionalism, and proliferation of options for High-Net-Worth and Ultra-High-Net-Worth families. Best practices for family offices have emerged. These help wealthy families know […]

How to Choose an Estate Planning Attorney

Choosing an estate planning attorney is a significant decision that will impact you and your heirs. Everyone agrees on the need for a competent estate planning attorney, but how do you determine who is right for you? This article explores what to look for in an attorney’s education, experience, teamwork with other experts, staff support, […]

Asset Protection Planning: The Wyoming QST 

The Wyoming Qualified Spendthrift Trust (QST) is a kind of asset protection trust. Asset protection trusts can often benefit high-net-worth individuals. However, they are especially beneficial for professional practitioners such as physicians and attorneys, who are often exposed to personal liability in the provision of their services. Not many states provide favorable asset protection trust […]

5 Not-So-Common Estate Planning Questions

Clients rely on their estate planning attorneys to guide them in what to consider when developing their estate plan.  The usual discussions are centered around how best to provide for beneficiaries and who should be in charge of things when they can no longer manage their affairs due to incapacity or death.  Without proper guidance […]

The Family Foundation: Mission, Vision & Beyond

The previous article on philanthropy focused on the reasons for giving and the importance of giving well. In this part, we’ll look at how to construct and implement a strategy for intentional philanthropy. We focus on the family foundation mission and vision statements, as well as best practices to implement a giving strategy. Family Foundation Values […]

The Why of Intentional Philanthropy

Most people learn at a young age that it feels good to give to others. Many people have been taught by parents, teachers, or mentors that “it is better to give than to receive.” Some people attach a moral or spiritual significance to giving. However, the act of giving itself can be quite complex, involving […]

Health Care Considerations in Estate Planning

Most people think of an estate plan as a legal solution for financial matters. However, health care considerations are incredibly important to any estate plan.  Health care considerations will help you and your loved ones decide what to do when you may be incapacitated by illness or age, but not deceased. Life spans have increased due […]

7 Books for Every Family Office

There are a number of books that address the unique ecosystem of the family office. Any discussion of family office administration has to consider the complex relationships between elder and rising generations, trustees and beneficiaries, advisors and family members. The following books are not the only books on the subject, nor are they ranked in […]