Through the Wealth Lens

We're living longer than ever these days. That means our wealth may need to see us through what could be an extremely lengthy retirement!

In the latest installment of Through the Wealth Lens, we're exploring how an increasingly important aspect of wealth management, called longevity planning, can potentially help position our finances for the long haul.

Thanks again for joining us and we hope you enjoy another enlightening conversation here on the show!

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:22 - Why living longer can be a double-edged sword

3:40 - How wealth managers are addressing the idea of living longer

6:09 - How wealth management solutions can support concierge medicine

7:57 - Longevity planning should always take estate planning into account

9:58 - The questions you should be asking yourself

11:12 - Where to begin in putting these solutions in place?

12:40 - How you can get in touch with Hannes and his team

13:30 - Closing remarks

Connect with Hannes Grascher:

Website

LinkedIn

Welcome back to Through the Wealth Lens!

In today's episode, we're examining a challenge that many parents face: raising a child with special needs. There are a number of financial planning strategies and solutions that can help parents navigate this complicated path through the financial uncertainty.

Let's examine the various options and strategies that you can be leveraging!

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:25 - This is a topic that's near and dear to Hannes

3:02 - The biggest expenses along the way

4:45 - Wealth planning in these moments can be a difficult thing to do

6:16 - Initial steps people can take to position their wealth to tackle this challenge

7:37 - Financial assistance via the federal government is available

8:46 - Advanced wealth planning solutions like an ABLE account

10:48 - How can parents continue to help their special needs child after they pass on?

13:03 - There are options out there!

14:08 - How you can get in touch with Hannes and his team

15:13 - Closing remarks

Connect with Hannes Grascher:

Website

LinkedIn

One of the biggest concerns facing affluent families is how to manage their wealth so that it achieves many goals. Their focus could be continuing to grow their wealth as it is transferred to younger generations, or aligning the use of that wealth with the values and ideals the family holds dear, or even protecting that wealth from creditors and others who might seek to take it unjustly.

Often the best place to start, is to ensure that your family members are aligned when it comes to key issues. A family constitution can be a great way to get that process going.

In the latest installment of the show, Hannes explores the benefits of establishing a family constitution to ultimately promote clarity and harmony when it comes to managing family wealth.

Timecodes:

0:06 - Introduction and overview on the topic of the show

2:04 - The issues when families with wealth work together to manage that wealth

4:15 - What families can do to maintain more harmonious relationships surrounding the wealth

5:45 - How a family constitution works overall

7:23 - Where to begin with drafting a family constitution?

9:44 - Who should be involved in creating a family constitution?

11:51 - Advice to ensure the family constitution remains relevant over time

13:43 - Who can families turn to for help with the family constitution?

15:20 - The overall importance of implementing a family constitution

16:22 - How you can get in touch with Hannes' team

17:22 - Closing remarks

Connect with Hannes Grascher:

Website

LinkedIn

There are a lot of wonderful things that can be accomplished through planned giving. Not only can it help you do well financially, but it can also provide meaningful support to the causes you care most deeply about.

On the latest installment of Through the Wealth Lens, we're pleased to be joined by Nicole Sebastian, of UBS' Family Advisory and Philanthropy Services team, to discuss her role with meaningful giving strategies. Join us as Nicole shares her insights on some of the best ways to give responsibly and strategically, as well as how to avoid making mistakes along the way.

We're bringing a lot of great insight into the world of charitable giving that you won't want to miss! Click that play button now!

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:40 - Welcoming Hannes and Nicole onto the show

2:10 - There's been a big increase in charitable giving interest over the last few years

3:22 - The best results in charitable giving come from well-designed giving strategies

4:40 - Where to begin if you're interested in smart charitable giving

5:45 - The various charitable giving strategies that exist

7:26 - Donor advised funds and how they've become very popular in recent years

9:03 - The high-level charitable planning strategies that exist

10:53 - Who you should turn to if you're interested in charitable giving

13:52 - Take the right steps and make a real difference in charitable giving

18:03 - The charitable giving mistakes to avoid along the way

22:15 - What to do if you don't know where to be charitable

26:27 - Charitable giving to address immediate and long-term needs

29:46 - How you can get in touch with Hannes and Nicole's teams at UBS

31:02 - Closing remarks

Connect with Hannes Grascher:

Website

LinkedIn

Family conflicts can wreak havoc on a family-run business, especially when it comes time to transfer ownership of the company from one generation to the next.

On the latest installment of Through the Wealth Lens, we’re taking a look at how a well-designed succession plan can reduce that risk and help facilitate a transfer that leaves everyone in the family satisfied.

This episode is packed with helpful information that you won't want to miss!

Timecodes:

0:06 - Introduction and overview on the episode

2:10 - Addressing the overall need for succession planning

3:08 - How to assess if there is a need for succession planning in the first place

4:55 - How should a family start this process of creating a succession plan

6:45 - Introducing Megan Campos of Grant Herrmann Schwartz & Klinger

9:23 - How a well-crafted succession plan can promote family harmony

13:45 - Getting the succession plan in writing

16:23 - Common mistakes within succession plans

19:05 - Working with the right team of professionals to develop succession plans

21:22 - How to get in touch with Hannes and Megan

23:00 - Closing remarks

Connect with Hannes Grascher:

Website

LinkedIn

Prenups can often be an awkward topic for many people, yet it's one of the most crucial conversations to protect an individual family's wealth and legacy overall.

On the latest installment of Through the Wealth Lens, Hannes and Ryan are pleased to welcome Daniel Lipschutz and Adam Turbowitz, Counsel and Partner at Boies Schiller Flexner, LLP, for a valuable discussion surrounding divorce.

Listen as Hannes, Daniel, and Adam share their unique perspectives on the strategic value of utilizing a prenup and how they're walking their clients through these delicate conversations.

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:32 - Welcoming Hannes, Adam and Daniel to the show

1:54 - Why prenups are so important for modern people to consider

4:10 - How Adam and Daniel are knee-deep in these conversations daily

7:18 - The pros and cons associated with prenuptial discussions

12:54 - You want to work with a specialist when it comes to prenups

20:00 - Various examples of prenups going wrong

26:08 - Do prenups differ across various states?

34:23 - The process of working with a client during prenups and establishing them

40:10 - The mistakes people should be avoiding during the creation of prenups

50:50 - It's unpleasant, but it needs to be addressed

52:14 - How you can get in touch with Adam and Daniel for help with prenups

53:01 - Closing remarks

Connect with Hannes Grascher:

Website

LinkedIn

On the latest installment of Through the Wealth Lens, Hannes and Ryan are joined by George Papanier, Principal at AXG Advisors, to discuss the various benefits life insurance can bring to your overall wealth plan.

While life insurance isn't necessarily a topic that gets people excited in the same way that other financial solutions, like investments do, it's important to understand that it's one of the most flexible and versatile tools we can have within our wealth planning toolkit.

Join us for another enlightening episode and soak in the abundance of experience George and Hannes bring to the table on this topic!

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:15 - Who is George Papanier and why is he featured on today's show?

2:00 - Why Hannes is a firm believer in the value life insurance provides

3:57 - The importance of wealth planning overall

5:16 - The focus should always be on the person and not the product

7:36 - Why life insurance is like a Swiss Army Knife

10:10 - The multiple goals that life insurance can help achieve within your wealth plan

14:02 - An example of life insurance providing liquidity

16:56 - Leveraging life insurance to address a future need

21:57 - Permanent life insurance and its use within charitable giving

23:16 - Who would be a good candidate for permanent life insurance strategies?

26:56 - The tax advantages of life insurance strategies

29:12 - How you can get in contact with Hannes and George for more information

29:45 - Closing remarks

Connect with Hannes Grascher:

Website

LinkedIn

Are your heirs ready to deal with the wealth you may be planning to pass on to them someday? It's an unfortunate fact that inheritors often struggle with their windfalls in ways that can be hazardous to their wealth.

On the latest installment of Through the Wealth Lens, Hannes Grascher unpacks the complex world of inheritances and the variety of internal and external conflicts that arise throughout this process.

Listen as Hannes outlines how his affluent clients prepare their heirs for the inheritance and why we can all take a page out of their playbook on this topic.

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:14 - Why inheritances can be viewed as a double-edged sword

3:37 - The internal and external conflicts that arise for heirs

6:17 - Where to begin with helping to best prepare heirs

7:35 - What affluent families are doing to best prepare their heirs

9:53 - The need to foster financial intelligence among heirs at an early age

12:25 - Your heirs current views on wealth are an important consideration

14:34 - An approach to educating heirs that may better resonate with them

16:52 - Additional considerations for matriarchs and patriarchs

20:00 - These educational efforts should be implemented by all

23:00 - Who families can turn to for advice and guidance throughout this process

24:24 - How you can get in touch with Hannes and his team at UBS

25:20 - Closing remarks

Connect with Hannes Grascher:

Website

LinkedIn

On the second installment of Through the Wealth Lens, Hannes is joined by Adam Pauska, Owner of AXG Advisors, a high-end property, casualty, and life insurance broker, to discuss the key mistakes affluent homeowners are making today.

As your wealth increases, so does your responsibilities. For those that may own multiple homes, car collections, jewelry, and much more, there are countless elements to consider when examining insurance coverage. 

Listen as Hannes and Adam explore these mistakes and present strategies to avoid these pitfalls when examining your own assets.

So sit back, relax, and enjoy another enlightening conversation!

Timecodes:

0:08 – Overview on the topic of the day and introducing Adam Pauska

2:06 – Why it makes sense for homeowners to do a financial check-up on their homes

4:46 – The five most prevalent mistakes affluent families are making

9:32 – Not having enough liability insurance coverage

12:11 – How a homeowner can tell if they have a lack of adequate coverage

14:52 – Mistakes to avoid if you have more than one home

17:08 – Failing to list trusts or LLCs on a homeowners insurance policy

18:49 – Considering the home’s unique architecture and where insurance comes into play here

21:20 – Considering valuable collections and how to have proper insurance coverage on these

25:55 – The next steps homeowners should take to address any of these concerns

28:08 – How a financial advisor can help a given family’s situation

29:00 – Closing remarks

Connect with Hannes Grascher:

Website

LinkedIn

In the inaugural episode of Through the Wealth lens, host Ryan Ruff is joined by the star of the show, International Private Wealth Advisor, Hannes Grascher. 

Affluent families and individuals want to make smart decisions about their wealth, which is why so many of them seek out the top financial professionals for advice and guidance. One of the processes utilized by these individuals is called a ‘stress test,’ which is a process used to evaluate your current financial situation and make sure you aren’t making any mistakes in your wealth management plan. This process is also a great way to make sure an individual, family, or business is on track and didn’t overlook any meaningful financial opportunities. 

This is an extremely valuable process that Hannes and his team at UBS utilize with all of their clients to better position them to achieve not only their financial goals, but their personal life goals as well.

Timecodes:

0:08 – Introduction to the show and the types of conversations listeners can expect

1:12 – Introducing Hannes Grascher to the show

1:56 – What people can be doing right now to gain peace of mind about their finances

3:30 – Why the stress testing process so valuable

4:10 – The three main ways stress testing can be utilized

5:00 – An example of why someone was prompted to see Hannes for a stress test

7:16 – An example of a stress test helping someone from making a mistake

9:28 – The keys to ensuring a stress test is done effectively and efficiently

10:00 – Why the human element introduces an important role in the stress testing process

11:15 – How Hannes and his team get into the heart of the client’s goals to understand what’s important to them

14:35 – Lessons that can be learned from affluent families and stress tests they’ve done

16:15 – An overview on the analysis that clients leave the initial stress testing meeting with

17:16 – How someone could inquire about signing up for a stress test with Hannes and his team

17:48 – Closing remarks and additional resources

Connect with Hannes Grascher:

Website

LinkedIn