More resilient first-generation wealth holders in China, lagging behind global peers in formalising their inheritance plans, are opening family offices to train and support their solitary “ill-equipped” next generation successors in wealth preservation, investments and philanthropy.
More resilient first-generation wealth holders in China, lagging behind global peers in formalising their inheritance plans, are opening family offices to train and support their solitary “ill-equipped” next generation successors in wealth preservation, investments and philanthropy.
Ultra-high net worth individuals (UHNWIs) inevitably have cross border aspects to their affairs. They own assets in and/or have connections to multiple jurisdictions around the world and as such, in advising them, an awareness of international succession law is vital.
Ultra-high net worth individuals (UHNWIs) inevitably have cross border aspects to their affairs. They own assets in and/or have connections to multiple jurisdictions around the world and as such, in advising them, an awareness of international succession law is vital.
Scholastic Corporation owner Richard Robinson Jr has cut family out of succession plan, Pritzker family’s Hyatt hotel chain doubles stake in luxury resorts, Richard Branson sells $300 million shares in Virgin Galactic.
Scholastic Corporation owner Richard Robinson Jr has cut family out of succession plan
The family behind the US publisher of Harry Potter and The Hunger Games is reportedly reviewing its legal options after its principal left the $1.2 billion business to his lover.
The role of family office leader rarely becomes available and if it does unexpectedly, it can often fall on the shoulders of internal leaders to take charge—regardless of their specialism.
The role of family office leader rarely becomes available and if it does unexpectedly, it can often fall on the shoulders of internal leaders to take charge—regardless of their specialism.
Aponte family expands its Mediterranean Shipping Company to rival Maersk, EssilorLuxottica proceeds with $8.7 billion stake in GrandVision after tribunal, Albert music publishing dynasty ventures into impact investing.
Aponte family expands its Mediterranean Shipping Company to rival Maersk
The Aponte family’s Mediterranean Shipping Company has re-energised its efforts to become the world’s largest container line by attempting to overtake rival family-controlled conglomerate AP Moller-Maersk.
What are some of the key legal considerations that family offices need to consider when structuring investments in a post-Covid world? How have wealth-holder responsibilities and priorities changed within this new era?
What are some of the key legal considerations that family offices need to consider when structuring investments in a post-Covid world? How have wealth-holder responsibilities and priorities changed within this new era?
Does it make sense to professionalise the management of my wealth (or that of my family), treating it in a manner comparable to how I treat my company or other businesses? In other words, should we create a family office?
Does it make sense to professionalise the management of my wealth (or that of my family), treating it in a manner comparable to how I treat my company or other businesses? In other words, should we create a family office?
Sir James Dyson defends ventilators texts to PM Boris Johnson, Juventus chairman Andrea Agnelli “remains convinced” by European Super League, Chinese and US shoppers boost luxury sector recovery for Kering, Hermes and LVMH.
Sir James Dyson defends ventilators texts to PM Boris Johnson
Sir James Dyson says he neither sought nor received any benefit from Boris Johnson when he was asked by the UK’s prime minister to build £20 million ($27.7 million) worth of ventilators early in the national Covid-19 emergency.
The Covid-19 lockdown and quarantine restrictions are causing real practical problems for those who have terminally ill family members. What can you do if you want to visit such a relative in England, but you live abroad and are bound to follow quarantine rules if you try to visit?
The Covid-19 lockdown and quarantine restrictions are causing real practical problems for those who have terminally ill family members. What can you do if you want to visit such a relative in England, but you live abroad and are bound to follow quarantine rules if you try to visit?
Some beneficiaries discover that faith in fiduciaries can be misplaced. A combination of events, poor decision making, or even malign actors can see the value of fortunes thought to be in safe hands wiped out.
Some beneficiaries discover that faith in fiduciaries can be misplaced. A combination of events, poor decision making, or even malign actors can see the value of fortunes thought to be in safe hands wiped out.
What should a beneficiary in such a position do next? The first step is to obtain information.
