Legacy planning   Legacy planning differs from estate planning in that it looks beyond the orderly transfer of wealth to the sustainment of wealth across multiple generations. A family’s success in sustaining its wealth from one generation to the next is no accident. It requires careful planning in several key areas, all of which the team at Legacy Trust will help you understand and implement.

No one born into family wealth comes prepared with the knowledge or experience necessary to deal with the many challenges that wealth presents. At Legacy, we understand this fact and have personal experience in dealing with similar circumstances. To help our families through the challenges, we have created educational resources and maintain a library that is available to all of our families. We also offer personalized tutoring sessions with our staff as well as external professionals.

Family governance meetings are another important component of our multi-family office. Family meetings ensure that all members of your family are kept abreast of your wealth situation and any upcoming changes you may need to consider. They can be held twice a year or more frequently if a family has a jointly owned or managed business. All of our professionals are skilled family governance facilitators.

We also offer a range of philanthropic planning services to address strategies for charitable giving, which have become increasingly complex. A well-designed philanthropic strategy is a significant component of effective financial planning as well as a way to broaden the positive impact of your wealth in the community and the world. We work as a consultant to our families, advising them and monitoring their giving plans to ensure their wishes are being met.