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Wealth planning for professionals
Effective wealth planning for professionals is about futureproofing your assets in order to provide a lasting legacy. At Citi Global Wealth at Work we pride ourselves on helping families entrust their estates to the next generation. We help you structure your wealth in an efficient way, to ensure a seamless transfer of funds and properties.
Our clients have worked hard to build wealth over an entire lifetime and seek ways to provide for their families after they’ve gone. While beginning a conversation about wealth planning can sometimes be difficult, it’s necessary for the financial welfare of all parties involved.
You may be starting to think about yourself and your legacy, what you want to gift to your beneficiaries, and any enduring philanthropy you wish to support. We’re here to help you prepare for every eventuality, whether that’s making provisions for financial decision-making in the event you become incapacitated, allocating assets to specific individuals, or establishing a foundation for charitable giving.
From support with trust and estate planning documents to ensuring the relevant fiduciaries are in place, rest assured that we are here to make the probate process as smooth as possible.
How we serve you
Protecting generational wealth
Putting a well-crafted wealth plan in place is key to securing your lasting legacy.
We will work with you to help ensure your fundamental assets like real property are titled properly in order to minimize transfer taxes, making it easier and more cost-effective for your beneficiaries. We also provide special care for your unique and illiquid assets, such as art and antiques.
Our specialist team understands that planning in advance can give you some peace of mind. That’s why we recommend clarifying your intentions sooner rather than later, ensuring there are no surprises or conflicts of interest among family members or business partners.
Mitigate future risks
Taking action to mitigate risks can protect your wealth and safeguard its longevity.
Our proactive approach means we anticipate future risks, taking into account hypothetical scenarios such as protection from creditors or divorce, as well as planning for any potential legal challenges to assets.
We offer a wide range of advice on how to manage risk in trust and estate planning, such as creating a contingency plan in the event of disability or incapacity or making provisions for beneficiaries who may be unable to manage wealth.
Our team’s first priority is to put your mind at ease. Throughout our risk-mitigation process, we effectively plan your wealth transfer, administer its terms and conditions, and consolidate all the necessary financial documentation to realize your wishes.
Diversify your wealth
Trust and estate planning is about ensuring your wealth is distributed for the intended purpose, to the intended person, and in the intended way – whether for a donor advised fund or public charity, to a business proprietor or a guardian of a minor, or in creating liquidity from existing assets.
There are several avenues of transferring your wealth and we will help you decide which is right for you.
We work with our clients on an ongoing basis to secure multiple outcomes, from facilitating a smooth business succession and maximizing financial security for future beneficiaries, to building a solid foundation of lifetime gifting.
