Intergenerational Wealth Transfer
What can Intergenerational Wealth Transfer combined with Independent Financial Advice do?
Strengthen your financial legacy.
Turn your lifetime of hard work, into meticulously preserved and growing, multigenerational wealth.
Take financial care of your loved ones, while you’re here, and once you’re gone. For generation after generation.
What is Intergenerational Wealth Transfer?
Intergenerational wealth transfer is the process of moving assets from one generation to the next, including, but not limited to;
Property
Investments
Business ownership
Superannuation
Often this multi generational wealth transfer occurs directly from parent to child, but can also occur between grandparents and their grandchildren. Multigenerational wealth transfer can occur through an inheritance, or through gifts during someones lifetime.
While the transfer of intergenerational wealth is simple in concept, the execution requires careful planning. Without a well-structured transfer strategy, there may be legal disputes, hefty taxes, and potential mismanagement of assets.
Financial planning can assist families in facilitating a smooth intergenerational wealth transfer. The role of a financial planner in intergenerational wealth transfer is multifaceted.
Providing assistance in the preservation and growth of multigenerational wealth.
Recommendation of the smoothest and most effective methods of wealth transfer to the next generation.
Ongoing advice to ensure wealth is well managed in the present, and growing for the future.
Ensuring a families wealth is protected and prepared to endure for multiple generations to come.
The wealthiest generation in history is currently preparing for retirement and beyond, so there is a significant focus within financial planning and society at large, on the facilitation of intergenerational wealth transfer.