Wealth Services
Well planned management with clear key steps and benefits
Omni Estate®
Wealth Service
Definition
Estate planning is the process of anticipating and arranging during a person’s life, for the management and disposal of that person’s estate during the person;s life and after death, while minimizing gift, estate, generation skipping transfer, and income tax.
Benefits
- Minimizes taxes
- Minimizes legal expenses
- Maximizes the inheritance value
- Ensures the person;s last wishes were met
- Simplifies settlement of the estate
Key Steps
- Compile a comprehensive lists of Assets & Liabilities
- Develop a contigency plan
- Provide for children and dependents
- Protect assets
- Document wishes
- Appoint fiduciaries
Omni Success®
Wealth Service
Definition
Succession planning is a process for identifying and developing new leaders who can replace old leaders when they leave, retire or die. Succession planning increases the availability of experienced and capable employees that are prepared to assume these roles as they become available.
Benefits
- Maintaining competitiveness
- Better understanding of talent
- Mitigate critical risks and impacts
- Improve appointmment effectiveness
- Development of talents
Key Steps
- Identify key areas and positions
- Identify key capabilities
- Identify interested emplotees and access them against capabilities
- Develop and implement succession and knowledge tarnsfer plans
- Evaluate effectiveness
Omni Preserve®
Wealth Service
Definition
Wealth preservation involves managing your assets in such a way to ensure that the value of your assts does not decrease or erode. With wealth preservation objectives, the notion of maintaining existing wealth is more important than making more money.
Benefits
- Portfolio optmization
- Tactical positioning
- Investment selection
- Returement planning
Key Steps
- Develop understanding through data gathering
- Define major life goals
- Prioritize goals
- Stress test goals
- Tailor investment portfolio
- Implement strategies
- Monitor progress
- New goals and priorities
