The IAP Family Office helps your family proactively manage your investments, estate planning, taxes, and philanthropy.
"There is no security on this earth, there is only opportunity"
Affluent families typically have complex financial lives, often including trusts, partnerships, closely-held businesses, intra-family loans, and family foundations. It takes a great deal of time, attention, and coordination to keep such a complex system in order.
Indie Asset Partners Family Office can assist by acting as the focal point of the family’s financial management. The Family Office assists a select number of families in the management of their investments, the coordination of their estate and financial planning across generations, and implementation of tax minimization and wealth transfer strategies. We have the luxury of being proactive, while other professional advisors might not.
Families that engage IAP’s Family Office can expect to save time, gain better coordination among their professional advisors, have better family communication and education on financial matters, and improve focus on tax saving strategies.
Indie Asset Partners Family Office can assist by acting as the focal point of the family’s financial management. The Family Office assists a select number of families in the management of their investments, the coordination of their estate and financial planning across generations, and implementation of tax minimization and wealth transfer strategies. We have the luxury of being proactive, while other professional advisors might not.
Families that engage IAP’s Family Office can expect to save time, gain better coordination among their professional advisors, have better family communication and education on financial matters, and improve focus on tax saving strategies.
Family Office services include, for example:
Investment Management
Estate Planning
- Regular review of core estate planning documents
- Plain language explanations of estate planning documents and overall estate plan
- Funding of revocable trusts and avoiding probate
- Tracking of intra-family loans
- Development and implementation of family giving strategy
Trust Administration
- Accountings
- Plain language explanations of trust terms and purposes
- Issuance of Crummey withdrawal notices for irrevocable life insurance trusts
- Advice on income tax strategies for trusts
Business Exit Planning
Business Entity Management
- Pre-transaction planning
- Annual minutes
Business entity report filing
Estate Administration
- Assistance to family in the event of a family member’s death or incapacity
- Accountings
- Assistance to personal representatives
Record Keeping, Bookkeeping, and Bill Payment
- Personalized investment and family asset reports
- Upkeep of minute books
- Tax record keeping
Income Tax Planning
- Tax projections
- Cash flow projections
- Assembly of tax information for return preparer
Charitable Planning
- Charitable gifts and deductions
- Management of family foundations
- Charitable remainder trusts
- Charitable lead trusts
- Donor advised funds
- Documentation of charitable gifts for tax purposes