Life on Jason's Terms

Jason Koslowski

Logistics Expert and world traveler

For Jason, connecting raw materials in Nova Scotia with factories in the Shenzhen Province from his laptop in Akron, Ohio is all in a days work. What really gets him excited is how his finances allow him to travel.

Jason is the son of hardworking parents who took great pride in their ability to put their three children through college without taking on debt. Growing up, family vacations were usually spent camping or driving to visit relatives. While Jason has many fond memories of vacations with his family, he always longed to see more of the world.

This longing became a priority for Jason after both his parents died within three years of each other in their late 60s—one from heart disease and the other from cancer. The fact that his parents never had the chance to realize their own dreams of travel in retirement made a significant impression on Jason. He wanted to honor the legacy his parents left to him and his two siblings through their family trust by using some of the money to realize his travel dreams now, and not wait until it was too late.

As trustee, Jason is responsible for administering his parents’ trust which is challenging given his busy work and travel schedules. To help ease his burden, we met with all three siblings to determine their financial and cash flow needs. Once we understood the varying needs, including the timing of their distributions, we developed an investment strategy to target the rate of return for the trust required to sustain modest growth while making timely distributions. Because the other siblings did not require the distributions that Jason required, we created a tracking and accounting system to keep things simple, and allow for full transparency for all three siblings.

This meant Jason could spend more time enjoying his travels, confident with the knowledge that he had a strategy designed to help protect his principal and pursue his longer-term goals of settling down and providing for a family of his own one day.

Contact us to learn how our suite of Complete Family Office (CFO)^SM services help high-net-worth families and business owners manage wealth across multiple generations, while respecting individual family dynamics and legacy goals.