Families often turn to philanthropy as a way to sustain legacy and values across generations. Head of Philanthropic Advisory Drew Rabe and Managing Director Mike McGrann discuss potential roadblocks along this journey and how business owning-families can best navigate them.

In this issue of InvestorView, we provide a deep dive on debt and deficits, explore the possibilities of independent return strategies, and take a look at our approach to managing fixed income in uncertain environments. We also outline ideas for how trust beneficiaries can learn more about their roles and responsibilities.

This issue of Women & Wealth Magazine touches on several aspects of wellness, from personal well-being to finances to relationships. In our feature article, iconic ballerina Misty Copeland and BBH Partner Valentino Carlotti discuss purpose, passion, and the importance of mentorship. We also look at the current state of women and wealth, outline the importance of having a flexible estate plan, demystify prenuptial agreements, and speak with a founder of a global retail brand.

Alyssa Rower, the founding partner of matrimonial law firm Rower LLC and one of our Women to Watch in 2018, demystifies the prenuptial agreement and offers advice on navigating these often stigmatized – but highly useful – tools.

We cover three types of insurance – health, life, and disability – to review if you’re expecting.

Relationship Manager Holly Rule examines several tax-efficient strategies for parents looking to pass wealth to children: 2503(c) trusts, trusts with Crummey withdrawal rights, UGMA/UTMA accounts, and 529 education savings plans.

Our Next Generation team looks at important considerations for those deciding to leave the workforce to have or care for children.

Principal Kerri Mast and Managing Director and Head of Philanthropic Advisory Drew Rabe discuss a common dilemma among philanthropically inclined individuals: the decision to set up a private foundation vs. a donor-advised fund.

The people you choose to make health, financial, and estate decisions on your behalf are just as critical as the plan itself. Learn the key roles to fill—and the factors to consider—when building your estate planning team.

Senior Wealth Planner Alison Hutchinson and Chief Fiduciary Officer Melineh Ounanian outline some ideas for how trust beneficiaries can learn more about their roles and responsibilities.