7 More Family Office Resources:

• Will Substitutes Family Office Definition: Will Substitutes Will Substitutes definition:  Will substitutes transfer assets to beneficiaries outside of a will. They are not subject to probate. Examples of will substitutes include: life insurance, retirement accounts, annuities, ...
• Will a Family Office Manage My Investments? Question:  Will a Family Office Manage My Investments? Answer: Yes, this is one of the primary functions of a family office.  Many clients prefer to be well-informed of their investments yet not have to deal ...
• Personal Property Family Office Definition: Personal Property Personal Property definition:  Personal property includes financial accounts, patents, jewelry, art and collectibles, and household items. Download our free Family Office Report to learn more about the family office industry. Read more ...
• Estate Plan Family Office Definition: Estate Plan Estate Plan definition:  An estate plan outlines the orderly distribution of your personal assets following your death. The plan may include caring for children, preserving wealth, minimizing taxes and ...
• Pour-Over Will Family Office Definition: Pour-Over Will Pour-Over Will definition:  A pour-over will is a legal document that upon your death transfers assets to an established living trust that you did not transfer during your lifetime. Download ...
• Disclaimed Property Family Office Definition: Disclaimed Property Disclaimed Property definition:  Disclaimed property is unwanted or refused by the beneficiary. The beneficiary may disclaim property to avoid taxes or expenses associated with the inheritance. A will should ...
• Transfer-On-Death Accounts Family Office Definition: Transfer-On-Death Accounts Transfer-On-Death Accounts definition:  Transfer-on-death accounts includes investment accounts (i.e. stocks, bonds, and mutual funds) and in some states, vehicles and real estate property. These assets can be transferred to ...