Can I make a given investment without jeopardising my future income? Will I be able to finance my dream home? Will I have enough income when I retire? Your life is full of plans and goals. These can raise certain questions of a financial nature. Hence the importance of having a clear overview of your wealth, its management and related issues.
Your property, financial and professional wealth must be managed carefully. This starts with a detailed review of your assets and liabilities in each area.
The value of your wealth is the sum of your assets minus your liabilities. The main assets that make up your wealth are:
The valuation of your assets varies greatly according to the asset in question. For example: real estate can be valued by comparing it with market prices, the value of your life insurance policy appears on your annual statement, the latest stock exchange prices determine the value of your securities, your SICAV is worth its last known surrender value, and you can go by the commercial value of your business assets.
Based on your initial situation, and taking your current and future income and expenditure into account, wealth management experts can take a neutral look at the different alternatives for you to carry out your plans and make ends meet. Solutions may vary in complexity and take a variety of forms (civil law solutions, corporate structures, asset-holding vehicles, relocation, etc.). To do this, they call on multidisciplinary skills, especially in the fields of inheritance, tax and financial planning.
The aim of wealth planning is to maximise the growth of your assets to cover spending throughout your life. It allows you to make the right decisions in full knowledge of the facts. During in-depth discussions based on the information that you provide, experts will simulate different scenarios for the long-term growth of your assets. These simulations take into account your financial position, plans and objectives. They allow us to make an exhaustive assessment of your overall current and future positions. The results of the analysis and the solutions put forward are brought together in a wealth plan, which combines the various aspects of your position in a coherent overview.
Wealth planning allows you to make the right decisions in full knowledge of the facts.
Ultimately, the advantage of this wealth planning is that it gives you an overview of your current and future assets, and highlights your ability to save or spend capital. It also allows you to estimate the probability of seeing your plans through and diversifying your financial assets.
November 2023 the United Nations special rapporteur on extreme poverty and human rights, Olivier De…
How do you choose the right employer? How can you improve your well-being at work?…
Measures encouraging companies to reduce greenhouse gas emissions constitute a major weapon in policymakers’ armoury…
Sustainable development issues have been a key concern in recent years, and businesses have a…
When it comes to investing, it’s advisable to take the long view and to follow…
Have you ever been to a meeting that seems to drag on with no meaningful…