Preserving security and independence.
A Unique Heading to Setup Challenges / Objectives
Gresham worked closely with the family to develop two foundational documents – an Investment Policy Statement and a Wealth Transfer Policy Statement. These documents helped them agree upon appropriate goals and establish success factors. We then designed an asset allocation to reflect the family’s moderately aggressive investment attitude and developed a multi-year concentrated stock risk-reduction and liquidation strategy, making appropriate recommendations regarding deferred compensation and non-qualified pensions.
A customized wealth transfer policy was designed to preserve financial security for the first generation while providing support and education to the second generation. To create a safety net for the children and provide for the grandchildren’s education, we designed an estate plan to retain bequests to both generations in lifetime trusts, with flexible distribution provisions that contained annual spending caps.
Gresham worked closely with the family to develop two foundational documents – an Investment Policy Statement and a Wealth Transfer Policy Statement. These documents helped them agree upon appropriate goals and establish success factors. We then designed an asset allocation to reflect the family’s moderately aggressive investment attitude and developed a multi-year concentrated stock risk-reduction and liquidation strategy, making appropriate recommendations regarding deferred compensation and non-qualified pensions.