Read more about the article How are you managing physical assets for an estate?

How are you managing physical assets for an estate?

As we’ve discussed in previous posts, people are trending toward taking greater control of their own estates. Yet, the vast majority still seek guidance from family offices and other experts on matters ranging from changing tax laws to socially conscious investing and succession planning. However, the aspect of estate management they often the most need help with is also the one they tend to neglect: their physical assets. How are you managing physical assets for an estate? This goes far beyond their homes to include items packed away in their basements and offsite storage units, all of which are part of their portfolio and can have an enormous impact on net worth. Here are some ways in which family offices can improve the management of an estate or property, and how all-in-one digital tools can help them do it.…

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Read more about the article Using technology to create balance across your estate.

Using technology to create balance across your estate.

Whenever a new piece of technology is introduced, there are always people who, at first, refuse to use it. They find it intrusive and may even feel they will be losing something else (i.e. human connection) in the process.  It’s easy to imagine the pushback when telephones first became available in the home – “Who wants to hear all that ringing?”  These holdouts changed their tune, however, when they realized they could get news from loved ones across the country in minutes, rather than waiting for a letter. Nowadays, we can’t conceive of waiting at home for a call or not being able to text when we’re running late.   Indeed, the ability to run our lives from our devices has become integral to keeping the world moving. If we think covid made daily life tough, imagine what it…

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Read more about the article Do You Know About Digital Tools For Estate Managers?

Do You Know About Digital Tools For Estate Managers?

Changing tax laws. Shifting investment trends. Intergenerational conflicts, blended families and feuding siblings.  If you’re an estate manager, balancing these concerns is all in a day’s work, and often requires you to vacillate between financial expert, project manager, and even referee. Your expertise and interpersonal skills are more valuable than ever, however, there are digital tools for estate managers that can help you more effectively tailor estate management and succession plans to the particular needs of your clients … and make your life a whole lot easier.       Educates Principals. Even the savviest of clients tend to focus on fluctuations in the market and other financial instruments, often to the exclusion of the assets right under their noses. All-in-one solutions give clients the ability to create a digital library of everything in their portfolio, from the things they…

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