Keeping the family farm in the family takes more than just a written will. A succession plan ensures not just the transfer of property but helps prepare your heirs to take on the job.
Do wealthy couples have fewer money conflicts? Truth is, money doesn't solve problems, and can even create some. But by learning to communicate openly about money, new couples who both bring wealth into a relationship can build strong, lasting partnerships.
It's hurricane season so remember proper insurance coverage is key to protecting your collectibles and valuables from any natural disaster. Make a list, inventory your valuables, and start exploring coverage today.
Land is a finite resource; nobody's making more of it. That's why raw, vacant land can be a worthy investment. When there are no suitable homes or commercial buildings available in an area, people will pay top dollar for vacant land to build what they want.
Philanthropy allows individuals to make a difference by supporting the causes they value the most. Selecting the specific charities to support, however, can pose a challenge.
Are you looking to maintain investment income for yourself while making an impact on the community? Learn more about the positive and negative aspects of a trust to help you make an informed decision.
Passing heirlooms to the next generation can require sensitive negotiations and careful planning. Here are tips and ideas for minimizing conflict while also making sure your family treasures stay in the family.
Get tips, ideas and suggestions for building a legacy estate home today that your family will cherish and keep for multiple generations. Read about how to find the right location, select an architect and prepare to pass the home to your heirs.
Learn more about the significant responsibilities and potential risks of inheriting wealth.
A volatile market can spook anyone nearing retirement. How can you preserve your wealth without letting emotions get the best of you? Follow this plan.
Transferring ownership of a family business can be tricky. Our checklist of financial considerations for family business succession planning can help.
Affluent women face unique challenges compared to their male counterparts when it comes to preparing for their golden years.
Affluent investors tend to become increasingly influenced by their emotional biases, which can often lead them astray. Learn more about biased investing.
A trust can be an important and helpful estate planning tool. Learn more about the different types of trusts and which one might be best for you.
Life insurance can be an integral part of succession planning for a small or family-owned business.
Being a child in a financially comfortable family certainly has benefits — but it comes with pressures too. Here are some ways to help your children find their own path.
Establishing a charitable foundation can be an efficient and smart way to give back. It's important to understand what's involved and the risks and rewards.
Choosing an executor for your estate or acting as one for someone else is a big responsibility. Find out everything you need to know about executors.
Developing a transition plan that outlines what will happen to your business when your retire or you die is crucial, particularly if you want to leave the business to your heirs.
Accumulating personal wealth affords a unique opportunity when it comes to doing good for others.
First generation founders of successful businesses often ask: “Are we preparing the next generation in the right way, such that they are ready when we ‘pass the baton’ to them?”