Special Coaching Programs

Family Coaching

Estate Structure—matching the estate and its structure to the skills, interest and competencies of the heirs.
Often, the ideal structure from a taxation point of view is only remotely relevant to creating opportunities for heirs, encouraging family commitment and involvement in the future of the family’s holdings, and maintaining internal family harmony. Surprisingly, the identification, enrichment, and welcoming of heir talent often provides advisors with an opportunity to create estate structures that place more reliance on trust. This offers distinct financial benefits for the entire family. In short, it is suggesting an estate structure that matches the future of the heirs, not the fears of the present.

Philanthropy—sharing or “giving back” is a noble venture in and of itself.
However, that does not mean that it cannot serve as a teaching tool for family members, even as young as age 5, to learn the importance of values, clarity of Family Mission and the need for accountability. Heirs thoughtfully engaged in philanthropy develop enduring bonds with their parents, friends sharing their passions, and skills that stay with them throughout their lifetime.

Family Office—most frequently emerges as an administrative center and a method of bring financial management “in-house” to reduce costs and fees.
 Often overlooked are the substantial benefits of having the family office serve as a coordination point for the entire family over several generations. Consider broader services such as archiving, security, contract review and clearance for all family members, private communications networks, financial training for heirs, centralizing grant requests, concierge services, emergency services, travel planning and funds distribution.

G-3 Programs—refer to a coherent plan to “bring together” the grandchildren (cousins).
A carefully thought through series of “Edventures” both teaches and bonds grandchildren into an appreciation of family. Carefully tailored to each family’s situation, the programs are designed to help grandchildren realize their individual potential and appreciate their collective heritage. They learn to view life as a series of choices and develop a sense of tradition, pride and responsibility. Often involving planning, budgeting and ravel together, the “Edventures” teach the grandchildren while engaging them.

Advising/Mentoring Services—for heirs who are likely to assume managerial responsibility for family holdings
Are heirs ready to take over the reins? This requires both a deft touch, a breadth of experience and the ability to broaden the heir’s “field of caring.” It’s not enough to simply know facts, or to desire the trappings of leadership. What is required is a highly personal and confidential relationship with a mentor who can fill in the blanks, and do so with the respect and confidence of the heir/mentee. It is equivalent of a non-stop, on-site tutorial that prepares the heir for broader responsibilities around the family’s unity and the family’s assets.

Contact us for additional information on specialty family coaching.