Addicus Gives Expert Advice on Estate Planning

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In light of actor James Gandolfini’s recently released will, the multi-family office Addicus adds to the ongoing conversation about avoiding estate planning mistakes.

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The estate planning process offers opportunities for our clients to review all of their assets in a global context. Addicus finds that it is very rare for extremely successful individuals to sit down and carefully review their total net worth.

Actor James Gandolfini unexpectedly died of a heart attack earlier this summer. His will, released in July by the New York Post, has been the subject of debate with regard to the structure of his estate plan. Addicus, a multi-family office, offers its expert advice on the subject.

Gandolfini’s estate is subject to a hefty tax solely based on the way the plan is structured. Addicus firmly believes there are three common obstacles of estate planning that cause the financial elite to avoid it altogether.

“We will never know if James Gandolfini failed to complete his estate planning or if the advice he got was incompetent. What we can say with certainty is that no issue is more personal, intimate and emotional than planning for the day when we are no longer personally able to make decisions on behalf of our loved ones,” comments Drew Adams, a private wealth development expert and Addicus Managing Partner. “Assisting those who are way down the field of the financial game and are now on the 10 yard line is our specialty. Our experience helps to ensure that clients do not just punt; placing no importance on preserving the fortune they have built.”

Managing Director Stephen Miles adds, “The estate planning process offers opportunities for our clients to review all of their assets in a global context. Addicus finds that it is very rare for extremely successful individuals to sit down and carefully review their total net worth.

“This process can be a difficult and time consuming process but we find that it is always illuminating to the client and gives them a chance to take in their total wealth from a perspective that is hard to see during the day to day management of assets."

For more information about multi-family offices and how Addicus can help establish a plan, visit http://www.weareaddicus.com or call (662) 550-2051.

About Addicus

Addicus is a full service firm driven by economics, not finance. Our global perspective and approach often challenges conventional wisdom with amazing results. We specialize in providing services usually reserved for family offices of the world’s top earners providing our clients a boutique style approach with a personal touch. Addicus’ Private Wealth Development services start with a discovery phase by piecing together a full and thorough profile of one’s personal and business finances. Leading with your mission statement, Addicus designs and uniquely crafts a playbook to accomplish your goals and initiatives. Contact Addicus today and get started with a playbook of your own.

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Britton Holleman
Addicus
662-550-2144
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