We do Legacy Planning and make sure that future of your family is secured through our team of highly experienced & professional experts
At Willcustodial we build long-term relationships, which allow us to provide personalised , clear, and considered advice on Inheritance and succession. We believe personal interaction is a crucial part of ensuring every client is matched to his personal and family requirements. Therefore, we’ve created a workplace where client opinions are respected.
Our Motto is to provide a personalised service to all our clients taking care of the Compliance of the laws of their local country & India.We want to ensure that the Title of the moveable & immovable property is absolutely clear & legacy plan is well implemented across the generations including business assets & goodwill and Brand assets.
Our main focus is on emerging markets of the Indian Subcontinent since we were established in 2001, we strive to be the best in these markets as well as other markets where we are active.
We are proud to have built our team of specialists who contribute their individual talents to broaden the range of expertise and experience. Our professionals include attorneys, chartered accountants, bankers , human resource specialists, and real estate advisors. They implement creative, innovative, strategic and compliant corporate solutions to meet the challenges of today’s complex international business environment.
All funds that flow through a structure managed by Willcustodial are fully understood and where necessary documented. At Willcustodial we maintain full control over bank accounts and timely accounting, and we monitor our client portfolios continuously. For every structure, both corporate and private, we make sure we understand where funds have come from and how it has been earned, and that this fits the client’s profile. For corporate clients we must ensure that the structure works in today’s BEPS environment and that we have sufficient control over the structure. For all entities in which we are directors, trustees or managing partners we also perform all the accounting.Running a holiday sale or weekly special? Definitely promote it here to get customers excited about getting a sweet deal.
Willcustodial offers a broad range of estate and succession planning solutions. These solutions allow families to transition their wealth from one generation to the next. Our professionals includes experienced wealth structurers and business developers, knowledgeable in fulfilling the needs of families and in structuring these families' worldwide assets in a way that protects the wealth and interests of their future generations.
Our team has access to the full range of Willcustodial's offering, ideas and global network, including its third party offering. We practice the exchange of know-how with an extensive peer network of fiduciary, legal, and tax advisory contacts.We go to great lengths to offer families maximum value and personalized service. We are at the forefront of delivering assurance services and compliant solutions, supported by our secure industry leading IT infrastructure and systems.With our experience, the right attitude and trusting relationship with our clients, the Private Clients team can increase the chances of an efficient and successful transfer of family assets to the next generations. Customers have questions, you have answers. Display the most frequently asked questions, so everybody benefits.
Willcustodial works with global families originating in diverse countries throughout the world. We deliver personalized service and management of Ultra High Net family wealth by utilizing a 360ᵒ approach in terms of a clear understanding of complex needs under a more regulated environment, understanding the family’s needs and desired goals in a compliant manner. We constantly update and inform the family decision makers on how their assets and structures are performing. We also aim to generate higher returns from servicing families in a more efficient and coordinated manner.
Increasing numbers of family offices have been set up during the last decade, and this trend shows no sign of declining. Indeed, with continuing wealth concentration, the natural desire of families to pass on assets to the next generations, and with rising globalization, there is every reason to expect more family offices to be established.
However, smaller single family office cannot absorb increased cost of administration and are consolidating with others into Multi Family Offices or closing down. In this case Willcustodial can create a Virtual Family Office for families looking to achieve the benefits of a family office managing their financial and other affairs, but who do not wish to set up an actual company to do so.
They can opt for this solution by outsourcing all services to external providers of services and consultants.
Maintaining family wealth across generations is extremely complex, and families desire the facilitation of the inter-generational transfer of wealth, as well as a reduction in intra-family disputes.
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. Taken narrowly, "replacement planning" for key roles is the heart of succession planning.
In business, succession planning entails developing internal people with the potential to fill key business leadership positions in the company.
Effective succession or talent-pool management concerns itself with building a series of feeder groups up and down the entire leadership pipeline or progression. In contrast, replacement planning is focused narrowly on identifying specific back-up candidates for given senior management positions. Thought should be given to the retention of key employees, and the consequences that the departure of key employees may have on the business.
Fundamental to the succession-management process is an underlying philosophy that argues that top talent in the corporation must be managed for the greater good of the enterprise.