Family Wealth Planning: A Guide to Preserving Your Legacy
For most high-net-worth individuals with millions of dollars earned and saved over the years, it's not enough to just secure wealth for yourself. The overall goal of making that much money is to build and preserve a legacy for you and your family in the decades to come. That's why family wealth planning matters so much more when you have a lot of money to protect and account for. If you don't plan ahead of time, your wealth and estate could be vulnerable to creditors, lawsuits, and even inappropriate spending by her own family members. Let's take a closer look at some things to consider when it comes to family wealth planning as a high-net-worth individual like a business owner.
