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Your family office and creating the right structure

Formalized planning is critical for complex family offices

VIDEO  | 

Creating an effective family office requires weighing variables like investment management concerns and concierge services needs, while also considering complex tax obligations. For instance, with the new tax legislation and a disallowance of itemized deductions, some families have structured their offices as a corporate general partner or a corporate managing member of a partnership or LLC to improve tax efficiencies. There are a variety of other business and investment issues families face and having the right structure can make all the difference for a thriving enterprise now and for generations to come.

David Stein, partner at Withers Bergman LLC, shares important insights on creating the optimal family office structure. Watch the video below.

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