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Global Mergers and Acquisitions (M&A) transactions tallied up to an impressive $678.5 billion in deal value in the first quarter of 2017, up by 8.9 percent year over year, according to Mergermarket’s most recent estimates. The uptick in deal value is not a phenomenon, and in the fast-paced, high-stakes environment, private equity dealmake...

Cyber risk has become a major potential loss exposure for almost any company. As with any other exposure, directors should confirm that reasonable steps are taken to identify, mitigate, respond to, and recover from third parties relating to cyber-related problems when they arise. However, because of the potentially severe nature of this risk, the d...

Successful families and individuals expect their financial advisors to address their complete financial picture, including protecting them from property and casualty risks. However, most financial advisors do not provide this support. This clear expectations gap is demonstrated in a survey of 200 successful families or individuals. Financial adviso...

A business owner may feel both excitement and concern at the prospect of selling a business. As a liquidity event approaches, there are five questions that should be considered before the sale: What are the terms of the transaction? Could my philanthropic goals be addressed? Will the sale of the business affect my estate planning? What do I want an...

For the majority of Americans, the tax overhaul has altered or reduced many of the financial incentives for making charitable donations. But charitable giving is rarely driven solely by the desire to trim tax bills. In fact, most individuals and families give for a variety of reasons and support organizations in whose missions they believe. Still, ...

Two common charitable giving vehicles are donor advised funds (DAFs) and private foundations. A DAF is an account housed in and governed by a public charity. A private foundation is a standalone trust or nonprofit corporation that qualifies as a tax-exempt organization. Both DAFs and private foundations feature the ability to engage family members ...

The fun and rewarding activities of a family foundation center around determining the causes and organizations the foundation will support. While working together to make a difference, it is important to remember the family foundation is also a business requiring the same effective governance practices as a family business. This is especially criti...

After the stress of planning for next steps following high school graduation, including the college application process or other life planning, many parents feel as though they are “done.” But many families are not aware of important legal issues that affect their 18-21 year olds, including those who will be entering college, taking a g...

The question Virginia “Ginny” Esposito, Founder of the National Center for Family Philanthropy, gets asked the most, is “How can I engage my family in philanthropy?” In this episode, Ginny highlights what family business is and common trends in the work she has been in for over 30 years. She has lots of wisdom for parents an...

Have you ever been asked to manage another person’s property and finances? Perhaps a family member named you as agent under a durable power of attorney, so that you can manage his finances if he becomes disabled. Maybe an elderly neighbor added your name to her bank accounts because physical limitations prevent her from leaving the house and ...

It's a pivotal time for Single Family Offices, with more and more reviewing their structure and operations to minimize risks. In this roundtable discussion, experts share how Single Family Offices are evolving and addressing new risks and risk mitigation strategies.

Families of wealth and business-owning families face security risks in their everyday lives, where personal and business risks are often blended and are typically managed by different people and processes. This creates a gap in identifying risks and solutions that can be addressed through a holistic and collaborative risk management approach. With ...

In today’s hyperconnected world, news headlines are filled with stories about identity exposure, data breaches and other major threats to your personal information and financial assets. This guide provides best practices, resources, and actionable advice to help you protect yourself or recover from a cyberattack.

The wildfire activity in late 2017 reached unprecedented levels and many lessons were learned from the devastation. With the intention of helping those in vulnerable areas to improve their homes’ resiliency to wildfire, and most importantly, keep their families safe, tips and recommendations are provided on life and safety evacuation, smart l...

Family connectedness, not money, has the greatest influence on multi-generational family continuity. But when many think about legacy, it’s often in the context of multi-generational financial wealth. Money, though, masks what people are really interested in passing to future generations of their family. Money can support the connections, but...