The generational bridge between nurturing aspirations and alleviating apprehensions
Estate and Trust Planning
Estate Planning delves into the tricky inter-generational space. And more than the harder issues, what’s paramount is bridging the gap in perspectives between the younger and the older generation. The young have aspirations for the future, with their own world view. At the same time, the seniors have built the business and have apprehensions about changing their way of doing business. Family members living in multiple jurisdictions add to the complexities. Estate and Trust planning requires someone who inspires the trust of both and in many cases multiple generations. Having collective experience that runs more than a 100+ years of dealing with these issues, we have the reputation of playing exactly that role.
Once the softer issues are settled, we help families with planning and implementation of structures for transfer of inter-generational wealth. We help them with the tax implications of wealth transfer from one generation to another, protect the family against creditor risk, ring-fence the family’s interests from familial disputes and advice on risk mitigation in the event of imposition of Inheritance/Estate tax.
