Client Services / Private Client / Family Offices

Family Offices

McDermott Will & Emery provides a wide range of legal services to family offices.  Drawing on our extensive experience advising wealthy private clients, our lawyers have developed skills in a variety of substantive areas that are critical to the establishment, operation and ongoing representation of family offices.

Families of exceptional wealth are increasingly recognizing the needs that can be satisfied with the creation of a family office or the use of multi-family office services.  As a result, our lawyers are continually advising family office professionals on support and structure alternatives, tax planning, philanthropy, multi-generational estate planning issues, private trust company formation and governance issues.  Our lawyers provide the best value-added service due to our combination of extensive technical experience and practical application across the many legal disciplines involved in this multi-faceted counseling.

Our principal focus when advising and working with family offices is always to consider the complexity and sensitivity of the legal, business and personal issues relating to the family.  We proactively assist clients in identifying goals, recognizing potential problems and creating solutions, all in the best interests of the family.  The legal services that we provide to family offices include the following:

  • Aircraft acquisition and operation
  • Audit and accounting
  • Business management
  • Charitable foundations
  • Continuity and succession planning
  • Employee compensation issues
  • Estate planning
  • Ethical issues
  • Family education
  • Family governance
  • Family office support and structure
  • Income tax planning
  • Insurance needs and risk management
  • Investment partnerships
  • Philanthropic planning
  • Private trust companies
  • Real estate matters
  • Tax compliance
  • Tax structuring
  • Trust administration
  • Venture capital and other private investments

Contacts

Private Client Client Services

McDermott Will & Emery

McDermott Will and Emery