Lynda ArtesaniLegal Accountant and Data Migration Specialist at The Proper Trust

What Are Your Values and Goals in Terms of Wealth Planning?

24 Oct 2023 · 1 min

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0:57

In this brief discussion, three advisors emphasize the importance of helping clients uncover their true values and vision as the foundation for wealth planning. They explore different philanthropy approaches, noting that individuals may give directly or, if a partnership group within a firm aligns on a cause, they can pursue tax‑efficient giving through the firm. The speakers stress that no two clients are alike, so the advisory process relies on asking insightful questions, gathering enough information to provide tailored advice, and revisiting the conversation as circumstances evolve.

We really want to have a firm qualitative understanding and help people really often for the first time discover what their real values are and their real vision is.
Or the conversation, like Mark is saying, the philanthropy part of it.
Right.
You see them giving away like on the side, right? You hear the talk and you want to align some things.
Well, and also sometimes, Sarah, you can do the philanthropy from within the firm.
Yes.
If you have a partnership group that all agrees on something that's important, then you can be tax efficient within the firm and do it there. And so it depends. Again, as Mark said, no two people are alike. And so what we do better than anything is just ask good questions until we have enough information to give good advice. And then something changes and then we do it again.