Wiggin Osborne Fullerlove is one of the pre-eminent law practices in the fields of establishing and advising family offices.
Although the trend towards managing multi-jurisdictional and multi-generational families’ needs through family offices has become more pronounced in recent years, Wiggin Osborne Fullerlove has been an integral part of family offices’ advisory resources for over 50 years, both in the UK and internationally.
The decision to establish a family office and its subsequent management brings with it a wide range of associated issues on which our firm has a wealth of experience. These issues include but are not limited to the definition of the family office’s remit, the consideration of appropriate tax and regulatory regimes in relevant jurisdictions, and the purchase, ownership and management of high-value assets such as real estate, aircraft, yachts and artwork.
Within the very wide range of services that we provide to family offices, some examples are:
- Creation of family offices;
- Asset protection;
- Corporate law matters;
- Commercial transactions;
- Dispute resolution;
- Governance;
- Immigration;
- Next Generation objectives;
- Philanthropy;
- Succession and continuity; and
- Tax planning.
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Family charters, family constitutions
Wiggin Osborne Fullerlove is globally renowned for its work in the area of advising on and creating family charters and constitutions. We have extensive experience advising family offices, trustees, families and individual family members on creating bespoke agreements that can form an integral part of intergenerational planning involving family businesses and wealth. We advise current wealth-holding generations and Next Generation family members on creating frameworks and plans that provide a stable wealth transition environment between these generations.
Family businesses
Throughout our history, Wiggin Osborne Fullerlove has developed and used a wealth of experience working with family-owned businesses and individuals, particularly in connection with the succession and governance issues that family businesses face in times of transition.
Our lawyers combine their expertise in corporate, commercial, succession and governance fields to provide expert advice to family businesses and to assist owner-managers with the transition of businesses between generations.
We work closely with other specialist advisers such as family business consultants and accountants to make sure that transition planning can be started early and with the particular dynamics of each family in mind.