Multigenerational & Intergenerational Planning D
Paterson Cope Highland Lakes AL
Scores of family disputes could have been settled if the head of the estate
had left everything planned out and distributed accordingly among their
family and their extended families.
As a result, rivalries erupt and relationships break along with
the family bloodline, whereas if the head of the estate has their
legacy planned ahead of time, none of that would be a
They are well-aware that a lot of their affluent clients have
big families and extended families, even loved ones that
they want to pass their inheritance to when they are gone.
Paterson Cope and Bob Cope are
equipped with knowledge to build
comprehensive plans for these clients so
that they or their family don't have to
worry about anything at all.
A crucial part in building an estate plan for the next generation is determining the
age and income of a client and all current and future expenses before they can
even start planning for their families.
Families of massive wealth have to
factor in each and everyone of the
estate that is left with an inheritance
and how soon they receive it.
Another important aspect aside from the
financial factors are the emotional factors
that surround the family's wealth.
These include the resentment or conflict that might ensue when a
family is faced with asset distribution, and also the manner in which
they spend it.
Studies have shown that even the
wealthiest families have their assets
dwindle as early as the second and third
generations due to negligence and
A well-built wealth plan leaves a lot of
room for modification for the senior
generation in case new elements
should be factored in.
Contact Us At: