Transferring your wealth can be overwhelming. Many clients ask, "What can I do to increase my probability of success for an upcoming wealth transfer?" For business owners considering a transfer of their assets, the statistics are sobering: 70 percent of wealth transfers fail to meet expectations, with the single largest reason due to communication breakdowns. Eide Bailly's wealth transfer team utilizes a unique, structured process to help clients increase the likelihood that the transfer will meet each stakeholder's objectives.
Our approach utilizes various diagnostic tools, assessments and interviews to understand individual and family objectives related to the wealth transfer. Using the information from this research phase, our team identifies wealth transfer issues that need to be considered, including emotional issues and conflicts that may act as obstacles to the transfer.
We can help improve your probability for success. Our team works closely with stakeholders and other outside advisors, so our clients are provided with the resources and tools to achieve their long-term wealth transfer objectives.
