Intercontinental believes that there are four stages of wealth management: accumulation, investment, distribution and transfer. Working with world class lawyers and accountants, Intercontinental advises its clients on the various methods of efficiently transferring assets to heirs, charities, trusts or foundations.
Depending upon each client’s financial situation and desires, there exist a number of strategies available to achieve desired goals. The challenge is to have the assets transferred to the proper person or entity in a timely manner with minimal tax consequences. We believe that this planning should be done with care and that it should be reviewed periodically; adjusting for changes in desires, financial situations or tax policy.
A number of different tools are available to facilitate the transfer of wealth. These can include charitable remainder and charitable lead trusts, family partnerships and private foundations. From time to time certain life insurance products are introduced as an estate tax tool.
We are also aware of the unique estate planning challenges facing our international clients. We have great experience in building successful plans tailored to their needs.
The ultimate goal of Intercontinental is to have its high net worth clients’ wealth properly managed today, coupled with a thoughtful plan to transfer that wealth in the future.