“>Conrad Yen”>
Founder & Owner, Collaborate
Partner, Strategex Group
Collaborate was created after I saw many of the struggles that my clients experienced after losing a family member. There seems to be a trend in which a client’s loved one who passes away is also the person that looked after all the family financial affairs. The surviving spouse, who hasn’t been in the
loop, may not know what assets they own, what liabilities exist, or even which financial institutions their partner set them up with. Without that information or a password to access their estate affairs, it is extremely challenging to execute a will or transfer accounts.
Another challenge I see as an accountant is that many of my own clients defer estate planning much too late, and when the estate planning needs to be done, it’s done the old fashion way. The process is extremely time consuming and becomes out of date quickly since assets values and liabilities change quite often.
I think of my own situation and realize; even my wife would have a difficult time navigating through all the family financial accounts, and she is very financially adept. I don’t want to put my spouse through this – and that’s why the idea of Collaborate was formed.
Outside of work, I’m an avid tennis player and an amateur Iron-Chef. You’ll often find me with family & friends trying out a new restaurant or enjoying a round of golf.
Elim Kwok
Neil Chakrabarty
Subscribe to our newsletter
We’ll send estate planning advice occasionally – only when we think it’ll help you.
