Introduction

The family office provides a centralised resource for the provision of wealth management. The key objectives of which are;

To preserve and develop family wealth for future generations and to ensure that the wealth is managed and developed in such away as to minimise taxes on investment and inheritance, whilst having regard to the complexities which arise as a result of the international mobility of individuals and families.

The family office provides an opportunity for a planned transfer of wealth between successive generations and assists with the ability to implement the personal wishes and desires of succeeding generations.

The organised central facility provides an increased degree of privacy for family affairs and a control on the dedicated personal professional services required to handle the family’s general financial affairs and to provide expertise particular to the family’s ongoing business affairs.

The family office also helps to preserve the special family identity and centralised philanthropic work.