The Family Steward has accumulated assets –real estate, investments, retirement accounts, business assets. Our Family Steward is often included in the Baby Boomer generation. We find our Family Stewards to be between 55 and 70 years old.
Our Family Steward recognizes the importance of making good decisions where finances are concerned. Leaving a legacy to her family – not just financially but also a legacy of values including work ethic, community orientation and a deep sense of empathy for fellow humans is a prominent goal of the Family Steward.
The Family Steward is frequently interested in using Charitable Planning to solidify her legacy as well as minimize income, estate and/or inheritance taxes. Coordinating charity with income planning can help our Family Steward feel fulfilled after a life spent working, saving and serving others.
The Family Steward is also concerned about how he will be cared for over the remaining life time. Long term care services figure prominently in planning for the Family Steward. This planning may include where to live, with whom, how decisions will be made, when/what form of help will be appropriate. Protection from financial predators is often an issue to be addressed.