Succession Planning involves managing the transition of wealth to the next generation. It begins with understanding what you want to achieve with your wealth, both during your lifetime and beyond. 

ASK KEY QUESTIONS

  • Have you thought about what you want to leave behind and who you want to leave it to?
  • Have you considered the impact a large inheritance could have on your beneficiaries?
  • Is there a charity or cause that you wish to gift money to?
  • What about the tax considerations?

There are many techniques and structures available to preserve and pass on wealth. Whatever your requirements are, your Davy portfolio manager and our team of financial planning advisors are there to help you figure things out, providing solutions and working with your tax and legal advisors to implement them as part of your overall Financial Life Plan.

FINANCIAL LIFE PLANNING INSIGHTS

Inheritance, wealth transfer and succession planning article

Pass It On: What You Need to Know about Transferring Assets to your Children

Most parents would like to alleviate life’s struggle for their children without eliminating it entirely, and where to strike that balance is a matter for individuals to discuss and decide.

 

SUCCESSION PLANNING AS PART OF YOUR FINANCIAL LIFE PLAN

Davy Financial Life Planning is about trying to fulfil real, financial goals that will have a positive impact not just on your life but potentially on the lives of those coming after you. Succession Planning plays a key role in helping you achieve these goals, working hand-in-hand with your Lifestyle and Protection Planning strategies.

SUCCESSION PLANNING BROCHURE

For more details on Succession Planning services from Davy Private Clients, read the Succession Planning Brochure.

To start your planning conversation, call or email to arrange a meeting with a portfolio manager.

+353 1 614 8778