Family Office Best Practices


2022 Compensation and Benefits Survey Highlights
Join FOX and our partner Grant Thornton as we explore the findings from our research on the current state of compensation and benefits in the family office space. This year’s surveys focused on Board
FinCEN Issues Final Rule on Beneficial Ownership Reporting Under the Corporate Transparency Act
Perkins Coie
On September 29, 2022, the Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) issued its Final Rule implementing the beneficial ownership information 
Final Rules Implementing the Corporate Transparency Act and their Effect on Trusts, Family Offices, and Private Trust Companies
Waller Lansden Dortch & Davis
On September 30, 2022, the Department of the Treasury issued final rules addressing the scope of the reporting requirements for beneficial ownership and control of entities provided under the
Family Office Answer Book: A Complete Guide for Family Office Executives
Plante Moran
This guidebook takes a critical look at significant challenges and opportunities in family office operations and offers comprehensive guidance with a future-focused lens. Gain expert insight,
Evolution of the Lender Structure: Deduction of Investment Management Fees
Waller Lansden Dortch & Davis
The use of a specific ownership structure to provide for the deduction of investment management fees has evolved since 1941 to most recently in 2018 when guidance was provided by the U.S. Tax Court
Employment Dos and Don'ts When Implementing Workforce Reductions
Foley & Lardner
With the signal of a looming recession, forward-looking employers are preparing for a change in course regarding labor challenges. Taking steps now to prepare for the possibility of
Regulatory Trends Impacting Household Employment
TEAM Risk Management Strategies
Employing service providers in your home carries considerable risk. If not handled with extreme care, the process of hiring, termination, and managing day-to-day responsibilities can create liability
Navigating the Complexities of Newfound Fortunes
Many newly wealthy families can credit their expanded fortunes to a major liquidity event, most frequently the sale of a business. For many in this group, recently acquired wealth creates a host
Enterprise-Level Operations for a Family Office
Eton Solutions
To succeed, any organization needs to develop, maintain, and adhere to well-defined business processes and workflows. For family offices, which manage the complex financial and business affairs of
The Talent Problem, Revisited
Baker Tilly
Attracting and retaining talent was a significant problem for many organizations before the COVID-19 pandemic, and it continues to be a major issue across most industries. While the pandemic