It is crucial to clearly define and distinguish wealth to prevent overlapping between personal assets of the family members, and corporate property. Effective wealth management, including personal wealth, family-owned businesses, and philanthropy or endowment, is essential for ensuring the sustainability of wealth and its smooth transfer across generations with minimal disagreements.

Taking the initiative to properly manage and structure wealth sustainability at an early stage, is key to achieving the best results. NKL can provide the following support:

• Assistance in developing a methodology for defining wealth in accordance with the Family Charter.
• Guidance on structuring and organizing personal wealth shared by family members.
• Support in structuring and organizing family business assets.
• Implementation of the structuring plans approved by the family.