This report analyzes survey data from over 100 estate managers and Family Office professionals, revealing that security gaps stem less from budget constraints and more from weak governance, fragmentation, and lack of training. Despite increasing risks—especially AI-enabled threats—most families operate reactively, with limited documentation, insuff...
This piece highlights the growing gap between how ultra-high-net-worth families manage financial assets versus their physical wealth—such as homes, collections, and staff—which often lacks structure and governance. As tangible assets increase in complexity, families face operational inefficiencies, knowledge gaps, and heightened risk exposure. This...
This guide explains how landowners can approach ground lease renegotiations when a tenant requests an extension. As the remaining lease term shortens, the tenant’s improvements often lose value, become harder to finance, and grow less attractive to buyers. A well-structured extension can benefit both parties: the tenant gains a longer operating run...
This report highlights the growing pressures organizations face from rising healthcare costs, evolving workforce expectations, and rapid advancements in areas like specialty pharmaceuticals and AI-driven benefits management. It outlines four key themes—population health, pharmacy trends, healthcare economics, and workforce dynamics—showing how thes...
This is the first of a four-piece series, "Investing in Private Markets: Best Practices for Family Offices". This article introduces how Family Offices can build a private markets program from the ground up, emphasizing the long-term benefits of private equity and private debt for multigenerational portfolios. It explains that while priv...
This is the third of a four-piece series, "Investing in Private Markets: Best Practices for Family Offices". This article explains how Family Offices can manage the liquidity challenges associated with private markets investing, where capital is locked up and cash flows are unpredictable. It highlights the importance of pacing plans, overcommitm...
This is the second of a four-piece series, "Investing in Private Markets: Best Practices for Family Offices". This article outlines best practices for constructing a private markets portfolio, emphasizing the importance of long-term planning, liquidity awareness, and disciplined execution. It explains how factors like the J-curve, pacing plans, ...
This is the fourth of a four-piece series, "Investing in Private Markets: Best Practices for Family Offices". This article explains how manager selection is a critical driver of success in private markets, where performance dispersion between top and average managers is significantly wider than in public markets. It outlines best practices such ...
This article outlines the key legal, regulatory, tax, and compliance considerations for establishing a family office in Hong Kong. It also explains available structural options, tax and regulatory framework, and the importance of deliberate planning and ongoing compliance for long‑term stability.
Brian Lucareli, director of Foley Private Client Services (PCS) and co-chair of the Family Offices team, sits down with John Melko, partner in the Bankruptcy & Business Reorganization practice, for a 10-minute interview on protective trusts. During the session, Brian and John discuss key statutory exceptions to the Delaware Asset Protective Tru...