Perspectives

A "family office" is a private management structure that handles the wealth of one or more high net worth families (HNW families). These structures provide a range of services such as: investment management, tax and estate planning, philanthropic services, and in some cases, management of daily family affairs.

High Net Worth Individuals (HNWIs) are people with high incomes and/or a significant amount of wealth. Their investable assets are at least $1 million, and their annual income is at least $250,000. Ultra High Net Worth Individuals (UHNWIs) have wealth and income exceeding $30 million.

The Dutreil Pact is a tax mechanism that helps protect family businesses during the transfer process. It consists of signing an agreement between family members that plans for the transfer of the business to one or more heirs while reducing gift taxes. This mechanism can be used in combination with a donation to optimally transfer your business to your heirs.