2018 Gulf Coast Regional Gift Planning Conference


 Planned Giving Council of Houston pic

Planned Giving Council of Houston
Image: pgch.org

An experienced financial services professional, Henry E. Vail II has served as a private wealth advisor at Houston’s Sucre-Vail Wealth Advisors since 1997. To augment and inform his work with Sucre-Vail, Henry E. Vail II holds active membership in multiple industry organizations, such as the Planned Giving Council of Houston (PGCH).

As part of its efforts to help planned-giving professionals exchange information and disseminate knowledge, the PGCH hosts a number of regular gatherings, including the Gulf Coast Regional Gift Planning Conference. In 2018, the Conference took place on April 26 at Houston’s Doubletree By Hilton-Greenway Plaza.

A full day of educational sessions with top gift-planning experts, this event attracted a range of philanthropists and industry professionals who sought to take their gift-planning capabilities to the next level. Subjects covered at the 2018 Gulf Coast Regional Gift Planning Conference included developing rainy-day funds and leveraging business assets to make charitable gifts. The Conference’s keynote presentations covered the importance of nonverbal communications and the intricacies of handling blended gifts from major donors.


Devereux Advanced Behavioral Health’s Two Campuses in Texas


FPA Teams Up with FP Partners


FP Transitions pic

FP Transitions
Image: onefpa.org

Based in Houston, Texas, Henry E. Vail II is a private wealth advisor with Sucre-Vail Wealth Advisors. In this role, he has been recognized with a number of awards, including Texas Monthly Magazine’s 2011 Five Star Professional Wealth Manager designation. Over the years, Henry Vail II has stayed up-to-date on the latest trends and laws in finance by maintaining membership in the Financial Planning Association.

Earlier this year, the Financial Planning Association (FPA) rolled out a new joint initiative with FP Transitions to provide guidance to up-and-coming financial planners and equip them to become successful as they grow in the field. FP Transitions will work with the FPA to provide support to existing financial firms who are working to develop future plans concerning new leadership and other transitional issues.

FPA CEO Lauren M. Schadle, CAE, weighed in on the partnership by expressing excitement about the new opportunities the collaboration with FP Transitions will open up for FPA members. She also praised FP’s knowledge about company transition and believes the organization’s experience will help younger FPA members eventually transition into ownership roles in their firms.

Benefits of Estate Planning

Estate planning

Henry Vail II is a Houston, Texas-based wealth advisor with over 20 years of experience at his jointly owned Sucré-Vail Wealth Advisors. He specializes in advising physicians and affluent families in planning protection, insurance, charitable giving, wealth transfer strategies, and more. In 2011, Henry Vail II was named a Five Star Wealth Manager by Texas Monthly Magazine for his work in estate planning.

Estate planning is the legal process of developing a plan for the future, and structuring the dispersal of assets in a way that minimizes loss due to taxes and legal fees. The process ensures that loved ones are provided for in the event of death or disability, giving the estate holder the benefit of peace of mind. Estate planning helps to avoid court interference, both in financial issues and guardianship of minor children by spelling out the wishes of the estate holder in legal terms.

It is important to seek professional help from a financial advisor and/or experienced attorney. Prudent wealth management that includes estate planning is absolutely essential for the very affluent, as well as middle and working class families to avoid compounding the loss of a loved one with the additional heartache of financial hardship.

White Water Rafting: River Classification System

whitewater rafting


Since 1997, private wealth advisor Henry E. Vail II has jointly owned and operated Sucré-Vail Wealth Advisors in Houston, Texas. The award winning professional has helped affluent families with estate planning and more for over 20 years, and is a Notary Public in the State of Texas. In his spare time, Henry Vail II enjoys whitewater rafting.

Whitewater rafting is a sport that provides the thrill of speed to participants. Rivers are categorized according to the level of difficulty and overall danger of the run. Beginners are typically most comfortable with Class I or Class II. Class I (Easy) rivers feature fast moving water with small waves and easily visible obstructions. Children who can swim may enjoy rafting with their families in these waters. Class II (Novice) rivers have medium sized waves and rocks, and are easy to maneuver. The risk of injury is very low, and self-rescue is easy.

Intermediate rafters can test their skills on Class III and Class IV rivers. Class III (Intermediate) water provides moderate waves in irregular patterns. Good control and practiced maneuvers are required. Self-rescue is still attainable. Class IV (Advanced) rivers are characterized by predictable but intense, powerful water that calls for precise raft handling. Trained group rescue becomes necessary in Class IV runs.

Experienced, well-trained rafters who are looking for a challenge can test their skills on the most advanced runs. Class V (Expert) waters are characterized by demanding, violent water with rapids running for long stretches. Top physical condition is required for the strength and stamina needed to navigate, and even group rescue becomes difficult. Class VI (Extreme/Exploratory) runs are the most extreme of all. Rescue may not be possible. These dangerous, unpredictable, and difficult rivers are rarely attempted.

How Liability Audits Protect Businesses

Sucre-Vail Wealth Advisors pic

Sucre-Vail Wealth Advisors
Image: sucrevailwa.com

 Henry E. Vail II is a wealth advisor at Sucre-Vail Wealth Advisors. Based in Houston, Texas, Henry Vail II offers his clients in the medical field financial services including wealth management, private banking, and liability audits.

The business environment is prone to catalytic changes, from changes in the governing legislation to technological disruptions. These changes expose businesses to liability lawsuits. Liability audits are essential to determining the extent of this risk.

These audits are conducted by insurance companies or financial agencies on the profit statements of policyholders to determine whether they express an accurate picture of the business’ exposure to lawsuits. While these audits do not reveal details about a company’s valuation, they establish the extent to which the company is protected from claims and if more coverage is necessary.

In conducting a liability audit, an auditor evaluates the company’s payroll, specifically federal payroll tax returns, and income statements. Afterwards, the auditor looks at the overall employee expenses and the classification of employees to allocate liability exposure with job duties. This reveals the jobs categories carrying the most liability risk.

The major benefit of this audit is that it notifies business owners of their exposure to lawsuits and the adequate steps to take in order to cover themselves adequately.

Tips for Estate Planning

Wealth advising specialist Henry E. Vail II operates as a partner at Sucre-Vail Wealth Advisors in Houston, Texas. A member of the Financial Planning Association, Henry Vail II provides a wide variety of client services, including estate planning strategies.

Nearly half of Americans do not have a current estate plan to ensure their assets go to the right people after they pass away. Throughout your life, there are several ways that you can successfully manage your estate and the eventual division of your assets.

Hire Professionals to Help You
If you don’t know where to start when looking to manage your estate, you can enlist the help of professionals from the financial sector. Advisors, tax specialists, and estate planners can all help you oversee wills and investment portfolios. Before hiring any of these professionals, consult with them to assess how they can best serve your needs.

Create a Will
A will provides you with legally binding assurance that your assets will go to the correct people or organizations. As well as finances and property, wills dictate who will receive your possessions or look after your children. Without a will, state laws will dictate where your assets go after your lifetime.

Minimize Estate Taxes Sooner rather than Later
You can curb any future taxes or estate charges by giving monetary gifts throughout your life. Each year, you can give tax-exempt gifts of up to $13,000 to a varying number of beneficiaries. You can also leave your taxable assets to nonprofit organizations and all other possessions and funds to additional recipients.