This podcast episode from “Inside the Rope” features David Sekel, a lawyer specialising in asset protection and estate planning.
The discussion revolves around the importance of safeguarding wealth for future generations. David shares insights from his experience working with substantial families, focusing on creating strategies for wealth preservation and succession.
Key topics include the complexity of family dynamics in wealth management, the significance of documenting family loans, and the necessity of an effective estate plan. The conversation delves into the challenges families face, such as ensuring wealth remains within the family, avoiding legal disputes, and dealing with different family members’ objectives.
The episode emphasises the critical role of powers of attorney, especially in managing investments and other assets, as well as the impact of family law on wealth management.
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