5 Simple Changes That Will Make a Big Difference with Your Estate Management

In some ways, managing one’s estate is a lot like managing anything else life  – some people will be tempted to oversee every detail (i.e. checking in with their household staff several times a day regarding everything from mundane tasks to the preparations for a dinner party), while others may all but abdicate their role as principal and rely too heavily on their financial advisors. (Still others do both!)  The first robs you of valuable time (and likely causes a lot of aggravation for you and those in your employ), and the second robs you of knowledge and therefore agency over your holdings.  The key is to strike a balance that allows you to enjoy your wealth in the now while maintaining and growing it for the future.  If you are already seeing all the moving parts dancing in…

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Real estate firms are using best in class technology to gain an edge on their competition.

We all know that technology helps us streamline our lives, both personally and professionally. Indeed, it has kept the world spinning during the current pandemic – from Amazon deliveries to Zoom meetings, we have never been more reliant on technology to get our needs met. For people in the real estate industry it truly has the ability to be a game-changer, not only in terms of day-to-day efficiency, but in increasing revenue. As with any marketplace, real estate apps simplify the decision-making process for potential clients.  They can view pictures and specs of a property, or even take a virtual tour, whether they are sitting in their primary home or on a business trip on the other side of the world. This means that the majority of those who do schedule in-person viewings are more serious about buying that…

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Understanding the true value of physical assets to protect your legacy.

The challenge of any wealth advisor is to build a healthy portfolio tailored to each client’s unique needs and goals. Many focus their efforts on the need for financial assets such as equities for their low risk and easily liquidity.  It’s no surprise then that many people, even those of high net worth, are often unaware of the true value of their physical assets and what’s needed to maintain them. As a result, they may be missing out on opportunities, literally right under their noses, to preserve and grow their wealth. Of course, every investor needs a balance of financial and physical assets. Some physical assets – real estate, for example – are not always helpful if you need to raise cash quickly. You may find yourself trying to sell a home in a buyer’s market and have to…

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