No two families or businesses are exactly alike. Our attorneys are committed to the success of multi-generational families and attuned to the often-complex interplay between family dynamics and business operations.
We are legal and business advisors who serve single and multi-family offices, as well as individuals and groups engaged in professional investing, providing counsel that addresses their unique needs and priorities.
We assist clients in forming, structuring, and operating a variety of forms of family offices and private investors growing, protecting, and transferring wealth through tax-advantageous strategies while identifying opportunities to expand their personal and professional impact. Our often-interdisciplinary team also offers strategic guidance on navigating complex regulatory frameworks, structuring investments, and pursuing new business ventures or philanthropic endeavors.
Whether we are supporting your existing family office, helping you create one, or serving in a family office role, we can scale with the growth of your business and its family members and help chart a path to lasting wealth and a legacy in which future generations will take pride.
Our estate planning team provides services including business planning, multigenerational wealth management and transfer, asset protection, retirement planning and charitable giving. Furthermore, our deep experience in a variety of business transactions can assist families in deploying their wealth across a diverse range of asset allocation and deployment opportunities, including real estate, private and public equity and venture capital transactions.
Additionally, we have experience structuring family offices to permit deductibility of expenses. The 2017 Tax Cuts and Jobs Act suspended the rules that previously permitted deductions for expenses incurred for the production of income. Accordingly, the distinction between business expenses and investment expenses has assumed a greater significance. We regularly work with family offices to best position the enterprise as an operating business, enabling the family office to claim an ordinary and necessary business expense deduction.
We also have relationships with leading non-legal professionals, including accountants; auditors; financial, philanthropic, and real estate advisors; fine art advisors and appraisers; private trust companies; private jet aircraft brokers; and travel professionals to round out our service offerings.
experience
We can provide you with the following solutions, among others:
- Tax-efficient structuring of single family offices (SFO), multi-family offices (MFO), private trusts and other innovative structures.
- Formation and management of private investment vehicles, including private investment funds, limited liability companies, and limited partnership, with or without outside investors.
- Development and implementation of corporate governance structures to preserve and protect a multi-generational family office.
- Purchasing and selling business units and managers and single-family or multi-family offices to other family offices or larger asset/investment advisors.
- Assisting private investors of all sizes and complexity in their direct and indirect investments in numerous individual businesses and private equity, venture capital and hedge funds of any size and complexity.
