Many of our clients have philanthropic inclinations, giving significantly of their time and their wealth. Some use trusts and estate planning techniques to achieve their giving objectives, while others form private foundations to support their charitable objectives during their lifetimes. Many of our clients also participate on the boards of not-for-profit organizations with substantial endowment funds.
In alignment with our client’s participation with charitable organizations, Ashurst Perkins Coie Trust Company also delivers services to private foundations and endowment funds. These services include:
Don’t consider it important to pass wealth to the next generation
Prefer to leave money to charity
Source: “2012 Insights on Wealth and Worth,” US Trust survey
Baby Boomers & Next Generation Wealth:
89% of Baby Boomers believe it is important to discuss an inheritance with their intended heirs. 11% did not say it was important.
Source: RBC Wealth Management
Retired couple in their early 70s living off of income from social security, teacher’s pension and sizeable IRA account…
Generation X investors continue to value trusted relationships with their financial advisors, while Millennials expect personalized guidance supported by intuitive digital tools. As wealth transfers accelerate, firms that deliver both high-touch service and modern technology are best positioned to meet the evolving expectations of affluent clients.
