Real Estate: The Estate Planning Solution for Family Offices
Every investor’s goal is to grow and build sustainable wealth. A family office, however, places a special emphasis on the preservation of already existing wealth. And instead of turning to a hedge fund that you may not align with philosophically, real estate offers an alternative solution. A solution that helps solve the complex estate planning and wealth transfer needs of a family office.
Real estate also adds a layer of portfolio diversification. It’s value is not highly correlated with other asset classes, therefore reducing risk and portfolio volatility. The tax efficient characteristics of real estate help to solve a family office’s tax strategies as well.
But most importantly, many high net worth individuals and family offices are forward thinking. They want a certain level of hands on control of their capital assets, without the headache of active management. Real estate offers the flexibility of being able to make individual investment decisions, all while engaging and enriching a local community.