Anglo Capital Limited, in its ongoing strive to provide value added service to its client base, has developed an expertise for International Wealth Succession Planning.

A high net worth family usually has built its wealth in a family business.  Many issues arise when the business reaches maturity, and the family business becomes a sustainable proposition. The two critical issues facing the founder of the business usually center around how the assets of the business will provide for his and spouse's retirement, and how this wealth can be passed on to future generations in the most productive manner. In addition, the issue of how wealth can be accumulated outside of the family business without affecting the operating viability of the company, is of concern to the business's founder.

Typically, a major portion of the family's wealth is tied up in the family's business, and the need arises to develop a strategy to diversify and invest in assets outside of the family business. These assets would be able to provide for the business founder's secure future, without depending on the assets of the business. This  provides both peace of mind to all family members, and enables the business to be unencumbered upon the retirement of the founder.

In today's reality of familes being scattered over different countries and continents, the need arises to take financial planning decisions into an international context, taking into account currency fluctuations and tax regimes that may be faced by different members of the family. Critically, estate planning factors need to be considered in structuring an international investment portfolio, which is built up outside the family business. Often these decisions require a knowledge base which is outside the scope of the regular skills of businessmen, and require the input of a professional expert consultant.

To secure its own future,

it is essential for the family

to have wealth outside of the family

 business. 

"Most business men are generally so busy coping with immediate and piecemeal matters that there is a lamentable tendency to let the long run or future take care of itself. We are often so busy putting out fires, so to speak, that we find it difficult to do the planning that would prevent those fires from occurring in the first place. We generally spend so much time on things that are urgent, that we have none left to spend on those that are important."  Gustav Metzman