High-net-worth families might use family offices to manage and administer their personal, commercial, tax, and philanthropic affairs. The sheer size of these offices, on the other hand, produces difficulties that cut across multiple legal disciplines. The firm has vast expertise advising and constructing family offices in the United States. We help family office customers negotiate these complicated legal concerns as trusted advisors, with the ultimate goal of recognizing possible difficulties before they arise and developing customized solutions to help each family office achieve its goals.
The firm also has extensive experience creating Private Trust Companies, which serve as a steward for the family in perpetuity managed under a system of corporate governance and board oversight. A Private Trust Company is a powerful alternative to naming a traditional institutional fiduciary or a series of individuals who lack the same longevity.