The essential requirement for wealth preservation is infrastructure - ignore it at your peril
The International Family Offices Journal
Vol. 3 - Iss. 3 pp. 42–47
The author has worked closely with an impressive number of family offices over the years. In this article she explains the major weakness she has seen in a family's ability to retain large amounts of wealth. It is all in the details - and in having solid processes in place. She illustrates with positive and negative cases. The article also outlines ?the systematic process needed to build and strengthen infrastructure, and explains the benefits of a strong wealth preservation infrastructure - improved quality of life, lower risks, fewer surprises, and significantly higher probability of wealth preservation?. Infrastructure, taken for granted and often overlooked, is actually the essential foundation for success.