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Establishing a Family Office

If you are considering establishing a Family Office to manage your wealth globally, our experts will guide you through the different models of Family Office in various jurisdictions including the UK, the Channel Islands, Switzerland, Monaco, Dubai and Singapore.

We will advise you on the applicable regulatory, tax, legal and governance issues working, where appropriate, with our network of professional relationships around the world. Once you have reached a decision on the legal form and jurisdiction for your Family Office and we have a clear understanding of your family’s objectives, our team of specialists will work with you and your family’s other advisers to ensure that your Family Office reflects your family’s ethos.

Our team can provide you with comprehensive and integrated advice on establishing and operating your Family Office. Once the Family Office is established, it is likely that it will evolve to serve the changing needs and dynamics which international families face and we will be on hand to provide ongoing legal advice and support.

Our services include

  • Establishing your chosen legal structure(s) and obtaining the requisite regulatory approvals
  • Working with you to identify key personnel, drafting service agreements and advising on ongoing employment issues
  • Implementing confidentiality procedures (including confidentiality agreements) and working with reputation management experts where appropriate
  • Assisting you in identifying suitable and cost-efficient service providers such as insurance brokers, educational consultants, private concierge and travel
  • Identifying suitable office premises and providing related real estate advice
  • Advising on tax-efficient funding of operational costs for the Family Office and ongoing taxation
  • Incorporating your family’s philanthropic objectives into the Family Office designing a framework for how the Family Office will interact with other international asset-holding or investment management structures
  • Implementing a strategy for governance of the Family Office (including succession provisions) and providing advice on transition
  • Advising on potential conflicts of interest and balancing the interests of different family members or families which the Family Office will service
  • Providing legal, tax and asset protection advice to the Family Office in connection with its downstream investments.

We understand that unforeseen or unmanaged risks can be a threat not only to the fabric of your Family Office but also to the stability of your family, your business and your reputation. These risks can range from a death (which triggers a generational shift) to divorce (from a spouse or a business partner) to family dispute and litigation. Our team can assist when things go wrong but our focus is on preventing these risks from materialising, pre-empting them and taking pro-active steps with you to manage and balance these risks. To this end, we can work with you to conduct a legal audit which will “stress-test” your Family Office and identify areas of risk and work with you to address these

How to find us:
London Bankside

Bankside Office

240 Blackfriars Road
London
SE1 8NW
DX 53 Chancery Lane

Telephone: +44 (0)20 7629 7411
Fax: +44 (0)20 7629 2621
Email: bh@boodlehatfield.com

London Mayfair

Mayfair Office

6 Grosvenor Street
London
W1K 4PZ

Telephone: +44 (0)20 7629 7411
Fax: +44 (0)20 7629 2621
Email: bh@boodlehatfield.com

Oxford

Oxford Office

6 Worcester Street
Oxford
OX1 2BX

Telephone: +44 (0)20 7629 7411
Fax: +44 (0)20 7629 2621
Email: bh@boodlehatfield.com

Bankside Office

240 Blackfriars Road
London
SE1 8NW
DX 53 Chancery Lane

Telephone: +44 (0)20 7629 7411
Fax: +44 (0)20 7629 2621
Email: bh@boodlehatfield.com

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