On structures and structuring - 101 questions family offices should ask their lawyer: Parts 1 & 2

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Family offices are looking for new ways to improve their structures and revisit legal strategies.

Proper strategic and legal planning provide enormous benefits. Yet it can be difficult for family offices to do so effectively. The needed specialized experience, shifting requirements, expense of maintaining in-house talent, difficulty in finding the right advisors, and inaccessibility of data confound the task.

The below whitepaper provides key insights into decision-making for family office structuring. Part 1, which was previously disseminated, is now combined with Part 2 to provide broader scope on this topic.

We initially discuss the importance of evolving one’s legal base in order to build and maintain a structure that serves the family’s needs efficiently and responsively.

We then provide a database of pivotal questions that family offices can use to engage with their legal team. Family offices can deploy this inventory of questions as they navigate new directions. Knowing which questions to ask and when to ask them is critical for success, especially when there are often no easy or singular answers in the family office realm.

Please see full White Paper below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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