|
Services
Suzy's focus involves working with women and people in non-traditional partnerships to:
- identify and articulate their financial and philanthropic goals
- help them make good decisions about the advisors they hire
- guide them through the decision-making process for the succession of their business and personal assets
- make sure their wealth is preserved and planned for as it passes to the next generation or the intended beneficiaries.
Suzy provides educational programs and strategic consultation for partners whose needs may not fit the traditional planning approaches conventional advisors are trained to implement. Suzy thinks differently about how wealth is managed, shared, grown, and passed on. She is particularly sensitive to the causes and the concerns of women and non-traditional partners.
She helps her clients:
- Develop a mission and vision statement
- Inventory all of their holdings, including non-traditional forms of wealth such as art, antiques, intellectual property, and business interests
- Assemble a team of professional advisors that will work in unison to accomplish their financial objectives
- Define philanthropic priorities and partner with the charitable institutions to accomplish their objectives
- Articulate strategies to protect the wealth that has been accumulated and minimize the exposure to risk
- Acquire the knowledge they need to evaluate their assets and their tax position so that they are taking full advantage of the planning opportunities available to them
|
Selecting an Advisory Team:
• The team must be working together and with the same information and the same goals
• Disclose what you have and what you want to happen to it when you are no longer around
• Advisors often forget to ask about art and antiques because these items have not traditionally been considered an asset class. Be proactive in discussing what you have and your estimate of its value.
The team should include:
• An attorney to draft documents and assist with planning and negotiations
• A tax specialist who can advise on the tax treatment of particular planning strategies and anticipate problems
• A financial planner who can assess your income and investment positions to determine if additional planning is required to support lifestyle or business objectives
• An investment manager to make sure your liquid assets are growing
• A insurance professional who can determine if you are properly protected against loss or damage and who can provide life or annuity products if that becomes relevant to the planning process
• A qualified appraiser to advise on valuation and issues relating to the art itself
• An art succession planner to provide specialized services that support the other members of the advisory team particularly with strategic planning and implementation details
|
