Private Client Risk Resilience Resources
Welcome to our Private Client Risk Resource section. Below you will find helpful checklists, resource guides, insight articles, and blog posts to keep you informed and help you manage and mitigate your exposure to risks. If you have any questions, connect with us at privateclient@risk-strategies.com or learn more by exploring our Private Client Services solutions.
Private Client Risk Resilience: Checklists & Guides
Insights: Blogs & Articles
Private Client
2
min read
How Changes to Federal Estate and Gift Tax Exemption May Impact Wealth Transfer
Significant tax changes are on the horizon for high-net-worth (HNW) individuals and families. The current historically high federal estate and gift tax exemptions are set to “sunset” at the end of 2025, which will lead to a substantial increase in ...
Private Client
2
min read
A Comprehensive Guide to Flood Insurance: Essential Protection for Rising Flood Risks
Flooding is by far the most common, costly, and destructive natural disaster in the United States, causing billions in economic losses each year. According to the Federal Emergency Management Agency (FEMA), flooding causes 90% of disaster damage ...
Private Client
2
min read
What is Personal Umbrella Insurance and How Much Do I Need?
High-net-worth (HNW) individuals work hard to build their wealth. But a lawsuit, even a seemingly unfounded one, could threaten a HNW family’s financial security and their reputation if adequate and comprehensive insurance protection is not in ...
Private Client
2
min read
Creating Defensible Space around High-Value Homes in Wildfire Zones
Imagine this: You're the proud owner of a stunning high-value home nestled in the picturesque hills of a wildfire-prone region. The panoramic views from your windows are breathtaking. However, despite the beauty, a hidden danger lurks just beyond ...
Private Client
2
min read
Navigating the Complex, Ever-Changing Yacht Insurance Market
Imagine this: You are finally nearing retirement, and you are financially secure. You and your spouse decide to get that bigger yacht you've always talked about so that you can spend more time on the water and do some extended cruising in the ...
Private Client
2
min read
Insurance Challenges for High-Net-Worth Individuals in California
Imagine this: You’ve been living in California for decades. You’re a successful individual with multiple vehicles and a home valued in the multi-millions. In recent years, raging wildfires and increased flooding in your area have put your property ...
Private Client
2
min read
Fire Safety: Handling Lithium-Ion Batteries in E-Bikes, E-Scooters, and Tools
Imagine this: While pulling into your garage, you accidentally run over the battery for your son’s electric scooter. Aside from a seemingly superficial crack, the battery doesn’t appear to be damaged, so you place it back in the charger. What you ...
Private Client
2
min read