Section Navigation

• Advice
• Case Studies(selected)
  • Overview
  • Preserve(selected)
  • Grow
  • Give

Preserve

Do you want to transfer wealth to the next generation, but are not sure of the best way?

The following hypothetical example explains a possible approach, and shows how one family could address typical transfer issues that you might be facing.

Situation

John and Susanhave amassed a considerable amount of wealth over their lifetimes and would like to begin transferring a substantial portion to their children and grandchildren.

• Since they are both in their late 60s, retired, and healthy, they will need to use some of their assets to maintain their active lifestyle and meet cash needs.
• They would like to gift as much as possible in order to minimize their eventual estate tax liability.
• While they are interested in shifting their wealth to future generations, the family is apprehensive about relinquishing control.

How can Credit Suisse help?

Our wealth experts, working with outside legal and tax experts, could develop a sophisticated wealth transfer strategy which may include a unique family partnership structure that distributes investment returns based on the family’s goals for each generation.

Benefits

• By creating lifetime trusts for their children, John and Susan could retain control over their assets while transferring the excess return to their children in a manner that provides them with a level of ongoing wealth protection.
• The proposed strategy would give John and Susan the ability to fund the lifestyle they desire while ultimately allowing growth to be passed down to future generations.

Important legal information

The parties described on this page are fictitious characters created for illustrative purposes only.  Any resemblance to real persons is purely coincidental.   The hypothetical examples included on this page are intended for illustrative purposes only, and are not intended as an offer or solicitation to adopt a particular investment strategy or to purchase or sell any security.  CSSU does not represent, warrant or guarantee that this material is accurate, complete or suitable for any purpose and it should not be used as a basis for investment decisions.  This material does not purport to contain all of the information that a prospective investor may wish to consider and is not to be relied upon or used in substitution for the exercise of independent judgment.

CSSU does not provide legal or tax advice.  Any statement herein regarding any US federal tax is not intended or written to be used, and cannot be used, by any taxpayer for the purpose of avoiding any penalties.  Prior to investing, you should consult your accounting, tax, and legal advisors to understand the implications of such investment.

• Increase Contrast
• Print