Family Offices
We work with families and their advisors to maximise value, achieve efficiency and implement legal governance tailored to the family and their philosophies. We aim to understand what drives and motivates a family, and what traditions should be passed on.
Our lawyers have specialist expertise in all areas of establishing, and working within a family office framework. Leading the team is principal lawyer Nathan Yii, Chartered Tax Advisor and Trusts and Estates Practitioner, recognised by his peers in Doyle’s Guide as a leading Wills, Estates & Succession Planning Lawyer and Litigation Lawyer.
Our approach to intergenerational wealth planning
We take the time to get to know the key members of a family and their advisors, with a view to building a unique and tailored family charter.
A family office structure often overlays a family’s estate and succession planning, complementing their Wills, powers of attorney and other succession documentation.
We use family constitutions or family charters as tools in the family office space to capture family history and traditions, shared goals and values, and stewardship of family resources.
These can provide accountability between members and allow for transparency and due process in decision-making. They’re also highly personalised – evolving organically over time.
Factors that impact family offices
We work with the families to cover a range of factors including:
Intergenerational wealth transfer
Business succession objectives
Philanthropic and charitable pursuits
Estate planning
Tax planning and structuring
Asset protection and managing creditor risk
Education and welfare of future generation
Dispute minimisation
Decision making on death and incapacity.