Pots of wealth
Having provided for the inevitable expenses and tax liabilities which will arise, many people choose to divide their family capital into categories such as:
Family money – the capital that will support the owners, children and grandchildren through the production of cashflow.
Passion assets – art, property, boats and cars.
Philanthropy – as well as a means of supporting causes that are close to your heart, a family charitable trust can often be a very useful vehicle to introduce subsequent generations to the responsibility of managing money.
Private investments – using your knowledge and experience to help other entrepreneurs on their journey whilst generating a return on capital. Through a deep understanding of what’s important to each family stakeholder, and recognising how this shifts between generations, we help you to create a plan which reflects your values and objectives; working with your existing professional advisers or helping you find new ones if needed.