Both Suzanne and Len felt a particularly urgent need to build a thoughtful estate plan that incorporated their four adult children, including two from Suzanne’s previous marriage, and six grandchildren, to ensure a seamless wealth transfer without creating family conflict.
The Rallings’ Matter team began by taking a careful look at the couple’s financial landscape, including current investments and estate, insurance, tax, and cash flow plans. We assessed what was working and made strategic suggestions to improve returns, manage risk, and make sure the right outside advisors were in place. Then, we created a succession plan that incorporated the Rallings whole financial world.
Matter worked with the Rallings to build a foundation of family communication, preparation, and alignment that has helped them make smart decisions together and eased the friction of wealth transition.
At the same time, Matter worked with the Rallings to build a foundation of family communication, preparation, and alignment that has helped them make smart decisions together and eased the friction of wealth transition. We facilitated several family meetings with Suzanne, Len, and their kids—focusing as much emphasis on the joy of being together as on the family finances—and we helped the Rallings articulate a shared family vision, values, and overarching purpose for their wealth.
It has been seven years since the Rallings came to Matter. Now, all four children and their spouses have strong working relationships with members of the Matter team. Each family member has a clear role in the business of the family, and everyone feels confident in the governance and decision-making processes they have created together. What’s more, the clarity and transparency that Suzanne and Len have given their children has increased everyone’s confidence and comfort, and all the Rallings feel prepared for the wealth transitions ahead.
The information above is based on actual client situations but names and facts have been altered for privacy purposes.