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Reliable Handling of Legal and Tax Issues

  • Jens EscherEmail author
Chapter

Abstract

Legal and tax issues represent a major concern for wealth families and hence professional services in these areas are a core service of any family office. The process of establishing the legal and tax teams for a family office begins with an assessment of whether to hire in legal and tax advisors, outsource that work, or take advantage of a combination of the two models. Factors to consider include the scope and structure of the family’s assets, where its members live (i.e. all in one jurisdiction or scattered around the globe) and which tasks the office will be expected to perform. Interview with Nicholas Warr, a legal expert from the UK specializing in family offices.

Bibliography

  1. Farkas-Richling D, Fischer TR, Richter A (Hrsg) (2012) Private banking und family office, 2nd edn. Schäffer-Poeschel, StuttgartGoogle Scholar

Copyright information

© The Author(s) 2018

Authors and Affiliations

  1. 1.DuisburgGermany

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