Fiduciary Trust Company International

Gail Cohen Helps Clients Manage The Transfer Of Wealth Across Generations

Carefully structured trusts can help families manage the transfer of wealth across generations; protect hard-earned assets from creditors; and support the different financial goals of grandparents, parents and children.  “There are many excellent reasons for considering a trust for your heirs,” says Gail Cohen, chairman and general trust counsel, Fiduciary Trust Company International.  “We encourage multigenerational family meetings to discuss the many aspects of financial and estate planning.”

Since joining Fiduciary Trust in 1994, Cohen has advised many clients on structuring and implementing trusts that incorporate a diverse portfolio of U.S. and international assets, minimize potential tax liabilities, and comply with state and federal laws. “It is vital to use a fiduciary that understands how to maximize the benefits of a trust,” she says.

As a global wealth manager and wholly owned subsidiary of Franklin Templeton, Fiduciary Trust offers personalized wealth management and trust services together for high-net-worth individuals, families, endowments, foundations and institutions. “We offer high-touch, boutique-style services with a sophisticated technology platform,” Cohen says. “We also have legal and tax professionals with extensive experience in the intricate details of estate planning.”

When Cohen and her team examine a prospective client’s portfolio, they often see multiple investment accounts that include the same type of assets. 

“We believe that investments for the parents or grandparents should typically have a different profile than those of their children or grandchildren, since their goals, risk tolerances and time horizons may be quite different.”

A resident of Boca Raton, Cohen is active in the community, serving as a board member of the Boca Raton Museum of Art and an advisory board member of the Anti-Defamation League in Florida and the nonprofit JAFCO (Jewish Adoption and Family Care Options).

“Service to others has been one of our company’s guiding principles for almost 90 years,” says Cohen. “Today, we are proud to continue that tradition by delivering integrated professional trust and wealth management services for our South Florida clients.”

Fiduciary Trust Company International’s Boca Raton office is located at 2255 Glades Road. For more information, call 561-988-8460 or visit ftci.com.

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