By Yolanda Bokhorst
Don’t we all want the best for our children? We provide them with a safe and sheltered home, we raise them well, make sure they get an education and try to give them the tools to find their way through an increasingly complex world.
What role does money play in all of this? The question that arises is of course how we can best transfer our assets to our children – the following generation(s). Many people think that this largely involves trying to reduce taxes. Of course, taxes play a role, but opinions differ as to whether minimizing taxes should be the determining factor. Estate planning has to be tailor-made. It should take into account not only fiscal aspects, but also the way you want your assets managed within the family.