Succession Planning and Wealth Transfer
Ensure your wealth and your legacy live on for generations to come
Apt Wealth Partners has been the family wealth succession planning expert for over 30 years. We go beyond the surface to understand your family, its unique dynamics and its needs to offer a bespoke service to you and your loved ones.
Whether you intend to transfer wealth during your lifetime or at the end of it, Apt’s dedicated family wealth advisory provides tax-effective advice while helping you and your family navigate the emotional aspects.
Effective wealth transfer, in your lifetime and beyond
Our team of expert and highly experienced family advisers will take you through a carefully curated process to define, develop and enact a plan that delivers the outcomes you want.
Apt’s Succession Planning and Wealth Transfer experts can help you with:
Family mediation
Tax-effective transfer strategies
Bespoke transfer and succession planning
Business succession planning
Farm succession planning
Protecting your wealth and safeguarding your family’s future
How can I ensure successful wealth transfer?
In our experience, you will exponentially increase your likelihood of success when all family members:
- Have a shared goal in seeking to preserve the vision of family elders.
- Actively encourage and support each other’s entrepreneurship.
- Are aware of the overall purpose and plan for family resources.
- Support the best possible education opportunities for each member.
- Understand what resources each member will receive, how and when.
- Encourage philanthropy and engage regularly in these activities.
- Can contribute to family affairs.
- Have an agreed and structured approach to family conflict resolution.
- Have access to a documented plan for the leadership of family entities.
- Hold regular family meetings.
And Apt can help you get there.
Succession and Family Wealth Planning FAQs
How can I ensure effective wealth transfer to my beneficiaries?
You’ve spent considerable time and effort accumulating your assets, so it makes sense you want to see them go to the right people to be used in the right way, but, as the saying goes “you can’t rule from the grave.” You can, however, put plans in place to give your beneficiaries the best possible opportunity to make the most of their inheritance.
How can I navigate family dynamics in intergenerational wealth transfer?
Whether your plan involves only immediate family or extended or blended members, there will be dynamics to navigate, and it’s important to factor this into your planning early. Regardless of how close your family is, planning for a wealth transfer is rarely (if ever) straightforward because emotions are involved.
How can I protect my children’s inheritance from divorce?
Family relationships are complex and constantly changing. Whether it is your divorce or that of one of your children, a marriage breakdown changes dynamics. While you may maintain the most amicable of relationships with the other party, it’s important to ensure you have plans in place to protect your children’s financial future.
Succession and Family Wealth Planning Resources
Managing risk in intergenerational wealth transfer
Preston Foster
Sep 05, 2024
By 2050, $3.5 trillion in wealth cultivated by the baby boomer generation will be passed on to their children and grandchildren. This has been labelled the ‘great wealth transfer’, and...
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Intergenerational Wealth Transfer: 5 tips to navigate family dynamics
Preston Foster
Nov 07, 2022
Planning for intergenerational wealth transfer is rarely easy, not least because it involves family dynamics. But it’s also an area where you can’t put your head in the sand. So...
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Protecting your children’s inheritance from divorce
Preston Foster
Feb 25, 2021
Family relationships are complex and constantly changing. Whether it is your divorce or that of one of your children, a marriage breakdown changes dynamics. While you may maintain the most...
Read more
