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The role of the family office continues to evolve to meet the changing needs of high-net-worth and ultra-high-net-worth (UHNW) families who are increasingly “global citizens.” Single family offices oversee the myriad of accounting, legal, employment, privacy, security and personnel issues that arise when counseling those who have amassed significant wealth. Family offices serving multi-national families today are required to navigate complex tax intricacies with increasing regulations and scrutiny in the face of continuously evolving global tax and disclosure regimes, as well as manage financial, personal risk and privacy considerations for their families.
Along with our forthcoming second part of this article, we’ll provide insight into ...
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