As a family office, we commonly face the challenges and questions around dissolution services and divorce financial planning. One of our clients, Julie* was very concerned and anxious going through this difficult transition and asked us to tell her story. That is why we will share a few words on her experience and our recommended considerations.

Amid high levels of liquidity and a strong desire for new growth companies, special purpose acquisition companies (“SPAC”s) are flourishing in 2020, often with high-profile names attached to them. In recent months, SPACs have outpaced traditional IPOs in money raised. But what are SPACs, and are they here to stay?

Family meetings with your family wealth advisor are one of many ways to connect, nurture relationships, and establish common goals and objectives. Take a moment to discuss and reflect on defining your family legacy. What impact do you want to make across generations, or within your community? Having the opportunity to meet as a family will foster decisions aligned with everyone’s values. While it’s important to plan for the future, family meetings are also a valuable way to evaluate short-term goals and connect in the present. The benefits of meeting as a family extend beyond financial planning, as they encourage shared learning, communication skills, and reflection.