Your legacy includes both tangible and intangible gifts. Tangible gifts are easy to identify – financial and non-financial assets. But don’t forget the intangible gifts – your knowledge, values, and time spent with loved ones hold immeasurable value. They are cherished and shared while you’re still here.
Assumptions can lead to misunderstandings, conflicts, and unintended consequences. By avoiding assumptions, you can ensure your estate plan accurately reflects your desires and provides the necessary guidance. Secure your assets, protect your loved ones, and ensure your wishes are carried out effectively after your passing with a well documented estate plan.
In the July 2023 review we discuss improvement in the IMF’s growth outlook; Changes in Japan’s monetary policy, and the funding crisis in renewable energy. As we do each month, we highlight the top and bottom performing assets in our portfolios.
Risk Management is an area where one misstep or oversight can significantly negatively affect your family’s wealth. The earlier one adopts a Risk Management mindset, the better.
Planning for retirement isn’t a one-time exercise you can do in one meeting. It will be an ongoing process that will involve a lot of thinking and modifying your plans as you age and your situation changes.