Wealth Management Strategies for Individuals and Families

Individuals and families are frequently concerned with bequeathing their accumulated wealth to the next generations without corrupting their heirs' motivations and values. Parents often worry about how their children will respond to the prospect of inheriting substantial funds.

The financial advisors at the Darrow Company understand well this problem. While there is no magic bullet, there are approaches and strategies that can be built into estate documents regarding the distribution of assets. We call our total program The DarrowCFO™ Advantage, a comprehensive wealth management strategy with the flexibility to accommodate your unique concerns.

We can help organize charitable trusts and charitable distributions according to your wishes. It isn't easy, but creative approaches can help. For example, we can configure those charitable benefits into the estate planning mix.

Often, a family has accumulated its wealth in the first generation, either through successfully building a business, selling the business, or through other creative investment strategies. We understand the accumulation of this wealth and its ultimate distribution presents serious challenges that must be addressed. Minimizing estate taxes is only a part of the process. The greater challenge is the impact on your children and the proper distribution of your assets to achieve your goals and wishes.

For example, properly prepared estate planning documents can empower the estate trustee(s) to distribute funds for specific benefits you designate, such as educational opportunities. Perhaps one of the children has a special talent and may want to start a business.

These kinds of considerations and others can be built into the trust documents to provide some confidence that the distribution of wealth that often represents a lifetime of work will be managed and used in a manner consistent with your wishes.

High net worth clients understand that the more you have, the more is at risk. As a result, the complexities of managing your assets demand versatility, skill and experience. We work with you to help you navigate through the myriad of complexities to find the total solution that is right for you. Contact us and we will arrange for The Right Fit™ Meeting to see if our solution fits your needs.