Asset Structuring and the Principles of Wealth Preservation

Course Overview

There are countless reasons why individual families lose their wealth, but many of them can be avoided with careful structuring of wealth, and putting in place proven practices to protect the wealth once properly structured.

Clarifying the family’s philosophy of wealth, defining a purposeful approach to pools of wealth and protecting wealth from internal and external risks are essential steps to realize legacy objectives and achieve the broader family purpose.

On and offshore structures, effective oversight, prudent investment policies, an ‘ecosystem worthy of trust’ and clear principles on wealth distribution and family education can all go a long way to helping you beat the old curse of riches to rags in three generations.

In addition to wealth structuring and value preservation through a disciplined approach to investment and distribution, a 360 degree view of risk is an important related set of activities. Failure to identify the full set of risks or to undermanage the risks once surfaced can lead to very damaging consequences.

HEADING COMING SOON

Risk management is all about identifying potential family problems early and addressing them quickly and effectively.

Traditional risks include family, financial, fiscal and physical risk, but today data and cybersecurity concerns have added an extra dimension to risk management. Responding to a family’s priority risks can range from assuring physical security of premises and travel to prenuptial agreements to complex financial market hedging instruments.

Objectives

This course will show you how to approach purposeful wealth structuring, put in place prudent policies to preserve wealth and a comprehensive approach to the identification and management of priority risks.

Instructors

Mark Daniell, John Riches, Barbara Ann Bernard