Legal advice : The lawyer provides advice on various legal issues, such as ownership structures, wealth transfers, inheritance planning, and compliance with local and international laws and regulations.
Tax and inheritance planning : He helps to develop strategies to minimize the tax impact on the family's wealth, taking into account constantly evolving tax laws. They also work on inheritance planning to ensure a smooth transition of assets to future generations.
Asset protection : The lawyer can structure legal instruments such as trusts or foundations to protect the family's assets from disputes, creditors, and other risks.
Family governance : They can assist in establishing policies and structures for family and family office governance, including writing family charters and setting up family councils.
Business transactions : For families involved in business activities, the lawyer can handle the legal aspects of commercial transactions, investments, and divestments.
Conflict resolution : In case of disagreements or disputes within the family or with third parties, the lawyer can act as a mediator or represent the family in court.
Confidentiality and discretion : The lawyer helps maintain the confidentiality of family affairs, which is often a major concern for family office clients.
Legal education : He can also educate family members about the legal implications of their actions and best practices for managing their wealth.
