After the unexpected passing of her husband, Karen, a Chinese-speaking widow, faced the daunting task of managing her family’s finances. With two young adult children and limited experience handling investments or estate matters, she needed expert financial guidance delivered in her native language to fully understand her options.
Bordeaux’s Asian Wealth Advisory team was her first call. Our advisors met with her and her children in Mandarin, creating a supportive environment during a difficult time. We began by reviewing the family’s complete financial picture, including existing investments, estate documents, and ongoing expenses. Working closely with our network of estate attorneys and tax professionals, we updated wills and trusts, clarified beneficiary designations, and developed a tax strategy to minimize liabilities and ensure compliance with U.S. tax regulations.
To address immediate needs, we designed a cash flow plan that covered daily living expenses and the children’s education costs, while also establishing a long-term investment strategy to provide for the family’s future. Throughout the process, we made sure that every recommendation and decision was explained in detail in Mandarin, ensuring Karen felt confident and informed.
As a result, the family gained peace of mind knowing their finances were secure. The children became more engaged in family finances, easing the burden on Karen. Most importantly, Karen felt supported and understood by Bordeaux during a time of profound transition.
