A panel of senior advisors and gift planners discusses the best methods for starting a discussion of donors' and clients' philanthropic goals.
The article argues that special needs planning on behalf of a disabled child means assembling a team of professionals with complementary competences: estate planning attorney, a financial advisor, and an accountant, as well as the parents, siblings, social workers/case manager and, if feasible, the child in question. Personal, financial, and legal considerations of the child come into play once specific needs have been identified.
The authors write that clarity and continuity of purpose, careful stewardship of material and intellectual capital, and depth of leadership will be the warp of each family's fabric of well-being, the ties that both bind and lead your family into the future.
This paper will examine ways to lessen six of the greatest risks to preserving and enjoying multigenerational wealth. These six risks are: concentrating your assets, overspending, overusing leverage, poor tax planning, not attending to liabilities, ignoring family governance
A useful checklist for both advisors and wealth owners in preparing themselves for hurricanes
Seldom do wealth owners take the time to document the journey to preserve wealth across generations. And few have done it more effectively than Stuart Lucas, who spoke at the 2005 FOX Fall Forum about how families and family offices can manage wealth strategically.
This article argues that real estate has become an integral component of diversified investment portfolios, and that exposure can be obtained via private equity structures. Institutionally sponsored, these funds can expose the investor to core, core-plus, value-added, opportunistic, joint-venture, private placement and retail syndication investment strategies. The initiators of these funds have devoted significant time and attention to the science of aggregating equity capital.
The purpose of this document is to help you to understand the business aviation solutions available in today's marketplace and identify which business aviation solution may be of greatest interest to you.
According to research conducted by JPMorgan Private Bank's Advice Lab, almost one in three family-owned businesses has experienced some form of liquidity event over the last 12 years. An outright sale or a merger or initial public offering has major implications for businesses that may have been family-run for generations. The analysis highlights how liquidity events can undermine a family's sense of purpose and cohesion, as well as its capital.
One of the greatest challenges facing family offices is how best to demonstrate and communicate the value that the office provides to the family. At the FOX Fall Forum session “Setting Expectations and Measuring Success,” representatives from two family offices described how working in tandem with family clients to set goals and objectives has been essential to the long-term success of the family and the office.