THE FAMILY OFFICE TEAM AT BRUCE GENDELMAN INSURANCE provides a proactive wealth management approach for families and the family offices who serve them. Our experts can address the full complement of your family’s wide-ranging needs in the areas of personal and family risk management, estate planning, insurance, etc.

SERVING THE UNIQUE DEMANDS OF FAMILIES AND THEIR BUSINESSES
Your family office, business or foundation presents a special complex of demands. There are a host of legal, tax and financial issues that affluent families must carefully address. And each family organization has its own specific structure, aims, responsibilities and risks.

The experience that we have garnered over the past 20 + years, as a privately owned insurance agency with first hand family office working knowledge, is what sets our organization apart.

A WEALTH OF PLANNING SERVICES AND STRATEGIES
Whatever keeps you up at night, Bruce Gendelman Insurance’s Family Office specialists can advise your family on:

INSURING YOUR FAMILY’S LEGACY
Bruce Gendelman Insurance offers comprehensive insurance brokerage services, and a team of specialists in analyzing risks, developing risk management strategies and providing for future contingencies. Affluent families are confronted with an ever increasing complex world and must not only ponder critical financial issues, but also face the complicated challenges of preparing the next generation of family members to meet their responsibilities. Our consultants can advise you on:

OUR ROLE IN ESTATE PLANNING
When it comes to Estate Planning, what's not done is often the biggest mistake made. Even people who realize the importance of proper planning often don't have a plan in place.

Without an estate plan in place, federal and state laws dictate how property, personal items and assets are divided, with no regard to the individual's wishes. Conflicts due to family issues and legal problems often result, tying up the estate and slowing down the distribution of assets. Additional administrative expenses and taxes, which must be deducted from the estate, can also reduce its overall value.

LIFE INSURANCE…PROTECTION FOR THOSE YOU LOVE
The main purpose of life insurance is to provide financial security for your family. It helps to ensure that when you die your family will have the financial resources it needs to provide for your spouse, children, and elderly parent or some other dependent.

Life insurance also may be used to meet a variety of long-term financial planning goals. It can help provide educational funds for your children or funds for your own retirement. The questions that most families and individuals have, then, is “How much life insurance do I need?” The answer depends largely on your family's individual circumstances. Let an expert at Bruce Gendelman Insurance assist you with your family and/or family office’s life insurance needs.

A NEW GENERATION…TRANSITION MANAGEMENT
The Family Office Team at Bruce Gendelman Insurance understands the demands of affluent families, single family or multi-family offices face when a generational transition is on the horizon.

Our goal is to help families make informed choices on the entire array of issues facing them in an increasingly complex environment. One of the biggest challenges families face today is the education and transfer of family legacy to the next generation. Many families struggle with how this is done and when does it begin? Let your team of experts at Bruce Gendelman Insurance assist your family with consultants who specialize communication and relationship management with the family or family firm, in training board members and directors, ‘change’ facilitators who provide counsel to executives and businesses, philanthropic ventures, etc.