Family Offices: Yesterday, Today and Tomorrow

What we create today, we restructure tomorrow.

A family office is typically built to manage wealth for many generations. Over time, its clients need cash, tax deferrals need to be unwound, and family branches may want to go in different directions.

I examined these issues in “Family Offices: Yesterday, Today and Tomorrow,” originally published in Trusts & Estates in July/August 2025.

We discuss the structures that developed after Lender Management, private placement life insurance, cash management, deferred tax liabilities, and unwinding or dividing a family office.