Have you heard of family wealth management before? If you have, the question then is; do you have one in place? Let’s have a look at what family wealth management is and all its benefits. Family wealth management is a concept that’s relatively new. The primary motive of this concept is to make sure that your family is looked after once you’ve gone. A financial advisor will help you along the way, to make sure you are setting aside enough. The process includes wealth accumulation, protection of wealth, creating income from the wealth and distribution of the wealth post-death.
29 January, 2019