“Advisors engage us to become more successful. Faster.”
☝ Innovative advisors understand that Engaged Legacies™ evolve their practice into a total solution for their wealthy clients that extends well beyond the strict scope of estate financial, legal and accounting strategy.
• Build deeper and stronger relationships with existing clients
• Clearly differentiate yourself from all other advisors
• Eliminate competition
• Identify new opportunities to provide services or products to your clients
☛ How would losing your top ten clients affect your practice?
Women outlive men and 70% wind up firing their trusted advisors after their husband’s death.
☛ Do you have the time to Drive the Deeper Meaning of Legacy™ facilitating successful family dynamics for your most valuable clients?
Traditionally, trusted advisors have allocated minimal bandwidth for the complex and emotionally charged arena of family dynamics. However, current research clearly reveals that facilitated family dynamics, not traditional wealth, legal and accounting strategies hold the greatest influence over successful multi-generational family wealth transitions.
Deeper personal relationships with all your high net worth family members will secure your relationship as a trusted advisor for life.
☛ If you failed to retain your client’s children when their financial assets are passed on would it dramatically affect your revenue?
95% of trusted advisors fail to retain clients’ children after assets are passed on. 71% of baby boomers still have at least one living parent. Boomer’s are now entering their 60’s. How old do you think their parents are and how much longer will they live?
☛ How do you sustainably differentiate your practice from the 448,000 other trusted wealth, legal and accounting advisors in the marketplace?
Over 90% of financial, legal and accounting new client acquisitions are via word-of-mouth referrals. Increase your revenues, differentiate your firm and deliver what sophisticated high net worth investors now seek; family dynamics driven transformative family unity secured by an updated estate transition plan.
☝ Transform your priority client relationships forever.
Our multidisciplinary team of family dynamics experts is ready to deliver transformative success in collaboration with you. When you introduce us to one of your valued clients, every interaction we have with your client will reflect the level of professionalism that they receive from you.
• We work in close consultation with you
• We do not provide tax, legal or investment advice
• We provide client management via encrypted web technology
Engaged Legacies serves trusted advisors whose clients maintain a minimum of $5 million dollars in assets. ☎ Start now
“United we stand; divided we fall” -Aesop
☝ Professionally facilitated family dynamics, not traditional wealth, legal and accounting strategies hold the greatest influence over successful multi-generational family wealth transitions.
☛ Our goal is for your family to develop harmonious, healthy, and constructive interpersonal relationships that streamline the successful transition of your family-owned assets and enterprise.
Without sufficient planning, a lifetime of collecting and legacy building can disappear overnight. The death of the older generation often causes a cascading series of problems; children fight over who gets what; lack of liquidity causes forced liquidations to pay unforeseen estate taxes; auctioneers fees reduce proceeds to a fraction of value.
• Have your heirs developed sound values, personal accountability and and sustainable plans for their future?
• Do family members understand how to live responsibly with their wealth?
• Will your family members be able to make joint decisions smoothly and intelligently in your absence?
• Do all family members have a working knowledge of the financial world?
• Do your family members handle conflict effectively and have the skills needed to resolve differences appropriately?
• Do your children and grandchildren have the ambition and capability to steward their wealth?
“Procrastination is like a credit card: fun until you get the bill.”
It’s easy to use the current economic upheaval and political uncertainty as an excuse to delay or defer your family’s estate and business succession planning. In fact, this may seem prudent to many. However, waiting is exactly the wrong thing to do.
This is not the first time in history that the economy has faltered… and it won’t be the last.
☝ As successful business owners, professionals and executives taking action is normal. Taking action in challenging times and difficult circumstances often means professional survival. Why not adopt the same attitudes toward your personal planning needs as you do in your career?
☛ If your some of your wealth has been eroded or is in jeopardy, it is now more important than ever to assure that what remains of it is distributed to your heirs and beneficiaries as efficiently and effectively as possible.
Business Succession Success
Engaged Legacies™ experts are ready to help you overcome the significant roadblocks to family business succession planning:
• Nurture positive family relationships
• Tackle the unspoken issues
• Create individual and organizational strategies
• Develop unencumbered business operations
• Preserve and grow wealth
Business Exits with Family Unity
A professionally crafted exit plan guides family business owners to maximize the value of their business, minimize taxes, and ensure that they are able to accomplish all personal and financial Engaged Legacies™ objectives throughout the process. Unfortunately, too many business owners are reactive rather than proactive and do not have any idea how or when they will exit their business.
As a result they:
• Miss strategic opportunities
• Undervalue their companies
• Leave hard-earned wealth on the table
• Pay too much in taxes when they sell their companies
Engaged Legacies™ exit planning experts help a business owner ask and answer all of the critical questions that their trusted advisors must consider in order to craft a comprehensive road map that guides business owners to successfully and profitably exit a privately held business.
☎ Start now
“Philanthropy is almost the only virtue which is sufficiently appreciated by mankind.” -HD Thoreau
☝ Engaged Legacies experts work exclusively with people who have determined that their family mission includes a significant commitment to philanthropy; we are not fundraisers.
☛We provide strategic advice and administrative services for private foundations and donor advised funds.
• Design grant-making goals focused on high impact initiatives
• Draft clear grant agreements that clarify intent
• Develop operating plans to support efficient and effective grant making
• Evaluate grant programs and individual grantees to measure impact
• Manage grants and facilitate financial reporting
• Investigate new giving opportunities
• Conduct due diligence of nonprofits to establish credibility
• Report on meetings of issue and philanthropy thought leaders
Transformational Family Legacy Building
☝ Our experts highlight philanthropic options while joyfully engaging multi-generational family members in due diligence, planning and execution.
☛ We keep family members on course, prioritizing the family legacy objectives while building and implementing strategies that achieve results.
• Develop mission statements that align philanthropy with family values
• Build family unity on philanthropic strategies and implementation with transformative engagement
• Plan strategic and logistical experiences for family philanthropy meetings
• Integrate next generation trustees using junior boards and leadership opportunities
• Mentor younger generations to engage new stakeholders
• Structure partnerships with nonprofit organizations to broker large gifts anonymously
• Engage family members with nonprofits, including volunteer opportunities and board membership
• Educate family members on philanthropic issues and innovation
• Coordinate local, national, and international site visits
• Develop approaches to board development within and outside of the family
Clarity
“Your mind, while blessed with permanent memory, is cursed with lousy recall. Written goals provide clarity. By documenting your dreams, you must think about the process of achieving them.” -GBlair
On the eve of his death, Walt Disney had a reporter crawl into bed with him so he could share his vision for Disney World, six years before its completion. When Disney World finally opened, another reporter commented to Walt’s brother, Roy, “It’s too bad Walt did not live to see this.” Roy replied, “Walt saw it first. That’s why we are seeing it now.”
The Engaged Legacies™ process begins with clarity. Our introduction to family members and key advisors provides us a comprehensive and candid overview of the entire family and their affiliated objectives for the future.
Our proprietary assessment tools highlight individual competency, values and vision which guides us to determine what additional strengths must be in place to achieve multigenerational family success.
Our strategic snapshot of family dynamics enables us to build a solid, integrated Engaged Legacies™ foundation around your financial capital and work to ensure that your investments, tax and estate planning, and risk management activities are well communicated, coordinated and sustainable.
We take responsibility for working with all your advisors and aggregating a current snapshot via encrypted web technology.
» morePassion
“Clarity of mind means clarity of passion, too; this is why a great and clear mind loves ardently and sees distinctly what he loves.” -BPascal
Passion is created when mission is defined and family unity is given clearance for takeoff. Our passion is evident when we help families answer the questions, “What’s important to us?” How will our decision effect our heirs?
Our transformative family experiences weave financial, social, intellectual and intimate personal connection together including time for inquiry, reflection, meditation, endorphin producing excitement, priceless memories and profound conversations.
Experience indicates that the key difference between successful and unsuccessful family dynamics is full family participation throughout the Engaged Legacies™ process. Our process creates compassionate communication, which builds openness, trust, and accountability between family members and their trusted advisors.
Engaged Legacies™ are built thoughtfully over time, not just single events commemorated by signing a professionally designed estate document. Our experts help families define and understand their shared values, mission, and responsibilities guiding you in creating a strategic plan to transition and sustain your wealth for generations to come.
» morePurpose
“True happiness is not attained through self gratification, but through fidelity to a worthy purpose.” -HKeller
Discovering your family purpose regarding wealth is the ‘easy’ part. The hard part is keeping it with you on a daily basis and working on yourself, and collectively as a family to the transformation point where you become that purpose.
Teddy Roosevelt once said, “In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing.”
Engaged Legacies™ experts cover a wide and deep range of family dynamics specialties and we love helping individuals and families turn their passion and purpose into successful actions that create high impact results for the long term.
Once you’ve passionately defined your purpose and identified individual and family goals and projects based on that purpose, you will discover life moving in a very pleasant direction. You may have been traveling down your current path for years, and with our guidance you can confidently set a whole new course. It’s possible that almost every part of your life will transform -your health habits, social relationships, work and career, and even your recreation and relaxation habits.
Managing many major life transitions and especially end of life succession issues is stressful. The Engaged Legacies™ process confidently prepares your heirs for a smooth transfer of business assets and dynamic ownership through age appropriate education. Our experts help our clients build enjoyable family traditions that prepare heirs for their wealth enhanced responsibility years before an end of life parental crisis. Our family dynamics experts insure that family governance has flexibility built in accommodating the next generation’s ideas as well as future competitive market realities.
For families who decide to seek a near term business exit, we guide the process in collaboration with your trusted advisors. Subsequently we are asked to continue our relationship delivering philanthropic advisory guidance that honors the dreams of business founders to endow family unity and ongoing next generation Engaged Legacies.™
Our global experience working on the causes that philanthropists today care deeply about enables us to apply rigorous business principles when creating and managing new foundations or donor advised funds, implementing grant-making strategies, effective portfolio management, and nonprofit evaluations.
Engaged Legacies™ comprehensive approach to high impact philanthropy delivers results and guides family members of all ages in the most effective methods that make a measurable difference.
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Driving the Deeper Meaning of Legacy™
Engaged Legacies™ accelerates meaningful estate planning action between trusted advisors and their high value clients.
The Engaged Legacies™ process fuses family affinity and commitment with dynamic multi-generational leadership strengthening human, intellectual, financial and social capital.
“We know the future will outlast all of us, but I believe that all of us will live on in the future we make.”-EMK
Our Process
