Family and Company Wealth Planning

It is essential for families – especially families with a business – to carefully craft financial plans. Being proactive for one’s finances is the best way to take control while creating a path to success or creating a succession plan for the future generations.

Most people think that family wealth planning occurs during two occasions – transitioning wealth to the next generation and running a business. While planning is critical for those two elements, they are far from the only reasons to form a plan.