Estate Planning – Is a Will Enough?

With more than 35 years in the financial industry, Henry Vail II is the in-house estate planner at his company Sucre-Veil Wealth Advisors. This award-winning company provides specialized wealth management strategies and solutions to physicians and other high net worth clients. Henry Vail II believes that with proper planning, “financial goals can become a future reality.”

According to Sucre-Veil Wealth Advisors, having a will is only the first step in your estate strategy. A will can allow you to decide who gets which assets and who will oversee the distribution of those assets. But it may not be enough. Large probate and legal costs cannot be avoided with only a will, assets may not be distributed privately, and your family may have difficulty making certain decisions if you have become incapacitated. Your estate management plan should also include a power of attorney and a living will, as well as other important financial documents to clearly lay out all of your financial interests and how they should be settled when the time comes.

For tips on creating your estate management plan, including safeguarding your digital estate and avoiding probate costs, visit Sucre-Veil Wealth Advisors at www.sucrevailwa.com.

Weekly Meditation at St. Bernadette Catholic Church in Houston

The chief operations officer at Sucré-Vail Wealth Advisors, Henry E. Vail II has provided private estate wealth planning services in this position for more than two decades. In his personal life, Henry Vail II attends St. Bernadette Catholic Church in Houston.

Dedicated to building a flourishing community, St. Bernadette Catholic Church also seeks to bring the Christian message to those who need to hear it, and to provide a warm welcome to all who come. It offers a diverse range of ministries, including its Spiritual Life Ministry, which deepens parishioners’ spiritual lives through retreats and other events, devotional opportunities, and prayer groups.

One of the programs in the Spiritual Life Ministry consists of a regular meditation group that meets weekly. Each meeting begins with a brief teaching about meditation, followed by 20 minutes of meditation. It then concludes with time for intercessory prayer and discussion.

Drawing on the church’s rich prayer tradition, meditation offers a gateway to receive the gift of contemplation. By entering into meditation, people become more attuned to the work of the Holy Spirit, leaving behind their distractions and becoming attentive to its presence with them.

PIKE Foundation Empowers Students with Scholarships and Training

Online scholarship

A financial executive with decades of experience, Henry E. Vail II has served as the chief operations officer at Sucré-Vail Wealth Advisors since 1997. Henry Vail II also belongs to a number of groups, such as the Pi Kappa Alpha fraternity.

Also known as PIKE, Pi Kappa Alpha dates back to 1868, when it was launched as a fraternal organization at the University of Virginia. Now one of the world’s largest such groups, it provides hundreds of thousands of hours of community service and millions of dollars to support communities and individuals through its PIKE Foundation.

A registered nonprofit, the PIKE Foundation particularly focuses on supporting students to empower them both academically and personally. It supplies scholarships and grants to fund the education of both undergraduate and graduate students, as well as to encourage further extracurricular educational opportunities.

The foundation also provides an extensive training series for education and leadership development, and plans to further its reach in the near future with an online program. For more information or to make a donation to support that effort, visit www.pikes.org.

Activities at Lake Travis in Austin, Texas

Henry E. Vail II is a private wealth advisor at Houston, Texas-based Sucre-Vail Wealth Advisors. In this role, he works with physicians and high net worth families in managing their financial assets. When away from work Henry Vail II spends time with his family, especially his grandchildren, and enjoys boating and relaxing on Lake Travis.

Lake Travis is the longest of six Highland Lakes that were formed in 1942 when the Mansfield Dam was constructed on the western outskirts of Austin, Texas. Created by the Lower Colorado River Authority, the lake measures more than four miles at its widest point and features 270 miles of shoreline. The lake has many access points and offers numerous activities. There are rentals for party barges, houseboats, sailboats, wakeboards, pontoon boats, and jet skis, among other means of getting on the water.

There is also fishing in the area, four outstanding waterparks, and over 20 marinas. Many lakeside parks dot the lake, enabling visitors to swim, hike, grill, and picnic. There are also two zipline operators located along the lake. Away from the water there are restaurants, vineyards, golf, live music, craft breweries, and shopping.

Devereux to Provide Resiliency Training to Texas Leaders

 

Devereux Advanced Behavioral Health
Image: devereux.org

With more than two decades of experience in the financial services industry, Henry E. Vail II serves as a private wealth advisor at Sucre-Vail Wealth Advisors in Houston, Texas. In addition to his professional responsibilities, Henry Vail II serves on the Texas advisory board of Devereux Advanced Behavioral Health.

One of the most advanced and largest behavioral healthcare organizations operating in the US, Devereux Advanced Behavioral Health is a national nonprofit committed to supporting individuals in the areas of specialty mental health, autism, child welfare, and intellectual and developmental disabilities. Recently, it announced that, along with the Texas Center for Child and Family Studies, also known as The Center, it had received a contract to furnish resilient leadership training in southeast Texas following Hurricane Harvey.

The Devereux Center for Resilient children (DCRC) will soon initiate ten sessions to provide child welfare leaders with resilience training. As part of the training, it will utilize such tools as the Devereux Resilience Leadership Survey (DERLS) and the Devereux Adult Resilience Survey (DARS). Through the training, DCRC aims to help leaders build resilience, both within their organizations and themselves, to more easily recover from and respond to change or misfortune.

Popular Rivers for Fly Fishing in Texas

 

The Guadalupe River
Image: tpwd.texas.gov

A private wealth advisor for Sucre-Vail Wealth Advisors in Houston, Texas, Henry E. Vail II studied at the University of Houston and Lamar University. At Sucre-Vail Wealth Advisors, Mr. Vail provides affluent families and individuals with expertise in estate planning, asset protection, succession planning, and charitable giving. In addition to his professional pursuits, Henry Vail II enjoys fly fishing.

Fly fishing is a unique approach to angling that relies on the weight of the fly line to toss an artificial fly onto the surface of the water. Though the technique requires much practice and skill, it is growing in popularity in the state of Texas. With its varied terrain and abundance of rivers, bays, lakes, and saltwater flats, Texas offers fly fishermen over 80,000 miles of water in which to fish. Some of the most popular rivers for fly fishing in Texas can be found below:

–The Guadalupe River in southeast Texas runs north of San Antonio, into the Gulf of Mexico. Open for fishing from November through late May, its season is perfect for quiet winter angling. Anglers can find an abundance of rainbow trout in the tropical-like Guadalupe.

–Impressive rock formations, cliffs, and an abundance of trees along the banks make the Llano River, located in the middle of the state, a picturesque place for fly fishing. Anglers will find bass and sunfish here.

–Located just west of Austin, the Blanco River can be fished all year round. Anglers enjoy catching panfish, sunfish, small mouth, and largemouth bass from the shores of the shallow river.

–In northern Texas, the Lampasas River is surrounded by rolling hills. Open year round, fishers can catch sunfish, perch, and smallmouth bass.

Selecting Five Star Professional’s Wealth Manager Awardees

Wealth Management
Image: investopedia.com

Henry E. Vail II, a private wealth advisor at Sucre-Vail Wealth Advisors in Houston, Texas, has been working in the finance industry for more than 35 years. Over the years, Henry Vail II has earned several awards and recognition for his work, including being named a Houston Region Five Star Wealth Manager in 2011 by the Texas Monthly magazine and Five Star Professional.

Based in Minnesota, Five Star Professional has been providing consumers with rankings of designated professionals in nearly 50 markets around the country since 2003. To compile these rankings, the organization researchers each professional carefully according to their specific industries. These professionals are evaluated based on pre-qualification parameters, firm nominations, and peer nominations.

The research process for wealth managers starts with Five Star Professional defining the geographic area for research. Firms and wealth managers within this area are then identified, and the organization requests firm and peer nominations from other wealth managers in the area. Five Star Professional’s web-based nomination system collects and verifies the information of the nominated parties.

To earn the wealth manager award from the organization, the individuals must meet 10 eligibility criteria and demonstrate an excellent client retention rate and history of quality service. Five Star Professional also assesses the nominees’ licenses, regulatory and consumer compliance accounts.

An Overview of the Relationship Between Cancer and Body Weight

Cancer
Image: webmd.com

Henry E. Vail II has led activities at Sucre-Vail Wealth Advisors since establishing the Houston, Texas-based independent investment advisor in 1997. One of Texas Monthly Magazine’s Five Star Professional Wealth Managers in 2011, he primarily provides financial advising services to physicians and high net worth families. Away from work, Henry Vail II spends time supporting philanthropic organizations such as the American Cancer Society.

The American Cancer Society operates with a mission of completely eliminating cancer as a global health threat. The organization recently shared important information about the link between obesity and cancer risk. According to the Centers for Disease Control and Prevention, more than 70 percent of American adults qualify as overweight, which equates to a greater risk for many serious health conditions, including several types of cancer. Some studies suggest body weight is the cause of 8 percent of all cancer cases in America, as well as 7 percent of fatalities.

Examples of weight-related cancers range from breast cancer in women who have experienced menopause to colorectal cancer. Cancers found throughout the endometrium, esophagus, kidney, and pancreas can also be connected to weight, along with numerous cancers that require further investigation. Medical professionals believe the link can be attributed to other physical conditions caused by excessive weight, such as inflammation and poor function of the immune system and factors impacting cellular growth.

Of course, the full nature of cancer’s relationship with weight is much more complex. For example, while excess weight can be linked to higher rates of cancer, it is not clear that losing weight is an effective method of cancer prevention. That said, maintaining healthy body weight provides individuals with a range of physical benefits. Any person struggling with weight should discuss their issues with an experienced physician.

2018 Gulf Coast Regional Gift Planning Conference

 

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

 

Devereux Advanced Behavioral Health
Image: devereux.org

Henry E. Vail II assists doctors and high-net-worth families in building their wealth as a private wealth advisor in Houston. Charitably active, Henry Vail II serves on the Texas Advisory Board of Devereux Advanced Behavioral Health, a national nonprofit focused on linking vulnerable populations with the latest advancements in behavioral health.

Devereux Advanced Behavioral Health provides its services from a pair of campuses in Texas, located in Victoria and League City. Established in 1959, the Victoria campus maintains residential programs for children and adolescents experiencing serious emotional and cognitive disturbances and adults facing a range of mental health challenges or developmental disabilities. Also housed on the Victoria campus is a Community Living Program where adults have access to services that encourage their independence.

In League City, a 49-acre campus that opened in 1992 offers a residential program to adolescents and young adults with a wide variety of disorders, including those involving chemical dependency. Along with undergoing therapy, adolescents and young adults benefit from participation in pre-vocational and educational programs.