Multigenerational Wealth Planning

Multigenerational wealth planning is vital for families who wish to pass their legacy on from one generation to the next. It’s a long-term process that involves careful planning and management of assets over multiple generations in order to preserve capital, maximize returns, reduce taxes, and ensure the successful transfer of family wealth.

The key to a successful wealth transfer, however, is to start as early as possible. For the best outcome, you’ll want to involve all family members in the process and rely on the right wealth management team for ongoing guidance and support.

If you’re looking for a team of financial advisors who can partner with you to develop a strategy to protect and pass down your family wealth according to the wishes of each generation, look no further than Avidian Wealth Solutions.

Avidian offers high-net-worth wealth management estate planning aimed at protecting, preserving, and transferring family wealth across generations. Our team of seasoned advisors has decades of experience helping high-net-worth individuals and families manage their finances, investments, and plan their estates for the benefit of future generations.

Schedule a consultation with us today to learn more about our generational wealth strategies.

“AT AVIDIAN, WE DO MORE THAN MANAGE YOUR MONEY, WE PROVIDE COMPREHENSIVE WEALTH PLANNING SOLUTIONS.”

20years of success.
Founded in 2003.
66Financial
Professionals
$4Billion Client Assets
under management

Featured In

What is multigenerational wealth planning?

Generational wealth planning is an umbrella term for everything that a family must do to ensure that their wealth is provisioned for generations to come. It involves planning for the present and future needs of family members, protecting assets from tax liabilities, building a legacy that can be passed on to descendants, and preserving family values and culture.

This type of planning requires careful consideration of your families legal and financial specifics, but also your family dynamics. Wealthy families, like yours, should create a plan that is tailored to their specific goals and values, and is managed by a team of trusted advisors like the one at Avidian Wealth Solutions.

What is the best way to preserve generational wealth?

The best way to preserve generational wealth is to work with a wealth manager who has extensive experience with estate planning strategies for high-net-worth families, and who can help you develop a comprehensive financial plan tailored to your family’s goals, resources, and needs. This plan should include budgeting, savings and investment strategies, retirement planning, estate planning, and asset protection.

It’s also essential to be mindful of how you manage debt, whether it be personal or belong to the family business; having too much can put you in a difficult financial position when it comes time to pass on your wealth. Alternatively, investing wisely can also help you protect your assets while building long-term value for future generations.

By prioritizing open communication with your family members and hiring the right team of financial advisors, you can set plans in place that aim to preserve and grow your family’s wealth for generations to come.

Why partner with Avidian for your multi-generational wealth planning?

Customized estate planning solutions

Estate planning is an essential piece of both financial and legal planning for individuals, families, and businesses looking to pass on a legacy, as it works to protect assets and distribute them according to your wishes when you pass away. At Avidian, our multigenerational wealth planning process includes comprehensive estate planning that seeks to minimize taxes, safeguard your assets, and maximize distributions to beneficiaries.

Estate planning services that may be considered as part of your generational wealth planning include:

Charitable giving strategies
Estate tax planning
Business succession plans
Retirement plan management
Multi-generational financial education programs
Asset protection*
Trust formation

With these services in place, you can rest assured knowing that your legacy will be passed on to future generations with minimal disruption or expense.

*Continue reading: How to set up an asset protection trust

Enjoy a boutique family office environment

Planning for the future of your wealth and how it will be passed on can get incredibly complex. This is why we work in a boutique family office environment that takes the complexity out of managing your wealth.

By offering you this experience, we are able to provide an entire suite of financial services including tax planning, investment strategies, and risk management, without the need to hire multiple firms or pay the large overhead required to run your own single-family office.

This allows your family to make informed decisions about your finances and address the complexities associated with managing multiple generations of wealth, giving you the peace of mind that comes with knowing that your finances are being managed responsibly.

Risk mitigation is incorporated into every plan

When discussing the preservation of your wealth for the generations to come, risk is always a factor. While you can’t avoid it, you can take steps to plan for it. At Avidian, we incorporate risk management strategies into each area of your high-net-worth financial planning, including multigenerational wealth planning.

From analyzing your risk profile and diversifying your portfolio to align with both your short-term needs and your long-term goals, to offering solutions for passing on your wealth with the highest possible tax efficiency, our team provides customized risk management strategies that aim to protect your wealth from market uncertainty.

Request A Meeting

Luke Patterson CEO, CIO

Complimentary Portfolio Review