This is one of the most important questions I ask high-net-worth individuals: If someone needed to understand everything you own today, is there one organized document that tells the complete story?
Your properties.
Bank and investment accounts.
Business interests.
Insurance policies.
Assets in other countries.
Money you have lent to others.
Debts and obligations.
Professional advisers.
Beneficiaries and important instructions.
Many successful people have accumulated significant assets, but the complete picture exists only in their minds. Even their spouses, children, lawyers and financial professionals may not fully understand what they own—or why they own it.
That is why I help clients create an Asset Handbook.
An Asset Handbook is an organized record of your financial life. It provides a powerful foundation for your estate plan and helps your lawyer, accountant and financial professionals see the complete picture.
Without that clarity, a new adviser may unknowingly duplicate what you already have, disrupt a good strategy or cause you to take two steps backward before moving forward.
My approach is simple:
It is discovery, not disruption.
It is descriptive, not presumptive.
I want to understand where you are, why each asset exists and how every future decision can build upon the progress you have already made.
This process also helps you articulate the purpose behind your decisions—whether it is an investment in Nigeria, money lent to someone, a business interest or an insurance policy you have never had anyone independently explain to you.
One day, your Asset Handbook may need to speak when you cannot.
Let it tell the story of someone who was organized, thoughtful and intentional.
If you would like to schedule a discovery session to begin building your Asset Handbook, indicate your interest.
Let’s make it happen. Let’s get it started.