Technical papers

Wealth

What is a family office and why should it employ a tax lawyer proficient in international taxation?

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.
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Why is it important for HNWIs and UHNWIs to be well supported by a tax lawyer?

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.
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