Susan's story: Protecting wealth through prudent planning1.
Susan received a sizeable inheritance from her parents and wanted to pass it on to her three young children. She needed careful planning to make it grow and last.
Susan lost both of her parents at the relatively young age of 27. They were able to pass on a sizable inheritance. Susan knew that it would take careful planning to make her parents' legacy last so that she could pass it on to her three children.
Fifth Third Private Bank worked with her to maximize the tax benefits of educational savings programs in her state. They also discussed the value of using life insurance as an estate planning tool and structured her portfolio to provide an additional income source to help her give her children the lifestyle she knew her parents would want them to enjoy.
Private Bank Asset Protection Strategies
Personalized strategic planning helps you make the most of your wealth–now and for the future.
You'll get a plan for protecting your assets that integrates all aspects of your financial life. Your Wealth Management Advisor will get to know you, and will work with Fifth Third's own financial specialists, as well as your outside advisors, like your accountant or attorney.
Your advisor will provide recommendations, including asset allocation strategies.*
Insurance can be a key part of your personal wealth management plan.
An insurance specialist can also help determine ways to use insurance as a means to protect your assets, recommending the appropriate type and level of coverage for you and your business. Insurance may also help in estate planning and can be leveraged in your financial portfolio.
- The circumstances surrounding this case study are representative of actual clients of Fifth Third Bank Investment Advisors. To ensure the privacy of our clients, the names and some of the facts have been changed. Recommendations and their results may vary with each client based on their current financial picture and goals. There are no guarantees that any strategy described in this publication will perform as expected. Investment results cannot be predicted or forecasted and will vary depending on market conditions. Any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed.
* Asset Allocation, Alternative Investment and Hedging/Diversification strategies are intended to mitigate the overall risk within your portfolio. Some strategies may be subject to a higher degree of market risk than others. An investor should understand the costs, cash flows and risks inherent in a strategy prior to making any investment decision. There are no guarantees that any strategy presented will perform as intended.
Fifth Third Private Bank is a division of Fifth Third Bank offering banking, investment and insurance products and services. Fifth Third Bancorp provides access to investments and investment services through various subsidiaries, including Fifth Third Securities. Fifth Third Securities is the trade name used by Fifth Third Securities, Inc., member FINRA/SIPC, a registered broker-dealer and registered investment advisor. Registration does not imply a certain level of skill or training.
|Are Not FDIC Insured||Offer No Bank Guarantee||May Lose Value|
|Are Not Insured by any Federal Government Agency||Are Not a Deposit|
Insurance products made available through Fifth Third Insurance Agency, Inc.