Senior members of a family office who plan for the future are increasingly turning to trusts as a valuable tool to guide their financial legacy....Read more.
When an intergenerational family office shares common values and maintains close communication, there may be an assumption that the business will...Read more.
Researchers estimate there are more than 5,300 family offices serving the needs of wealthy families around the world, with 75 percent located in...Read more.
The question of whether a family office meets the IRS definition of a trade or business for expense deduction purposes is far from black and...Read more.
Multifamily offices typically rely on a full team of advisors to help grow their businesses and keep them in compliance with tax and regulatory...Read more.
There are myriad challenges for a family office - from increasing complexity in the business and tax environments, to rising costs, and...Read more.
The Tax Cuts and Jobs Act doubled the value of assets that can be transferred to an individual’s heirs without triggering federal estate or gift...Read more.