A family LLC is a business entity that provides liability protection and tax advantages for its members (owners). Unlike a trust, which is primarily used for estate planning, a family LLC can serve as an operating business or simply hold and manage assets like real estate, investments, or in...
THE LEGAL VALUE AND REGULATION OF FAMILY TRUST PROPERTYdoi:10.37500/IJESSR.2020.3618Lei LiHan XiaoChronopub Publications
I feel so lucky to have Clare on my side, and totally believe she ‘has my back’. I trust her implicitly and would highly recommend her to anyone facing a difficult family matter' Legal 500 UK 2023 'There is a great depth in the team as they work across all offices with great ...
A family trust is set up by a legal document often known as a trust agreement, which usually designates an initial trustee or two or more initial co-trustees. The document also designates one or more successor trustees in the event the initial trustees can no longer serve, such as in cases...
You must be at least 16 years old to manage your own Child Trust Fund. Until then, your parents can register for their own online account which will show them your child trust fund. But as soon as you reach 16, you can register and take over. ...
We are often asked to choose a jurisdiction to base a PTC structure. Frankly speaking, all of the BVI, Cayman Islands and Bermuda have long-established trust industries. All have corporate entities that are used around the world and can mesh with local trusts to reduce legal cos...
A person’s tax situation can depend on factors like their marital status and income level but there are many other things that can influence it. Maryalene LaPonsieJan. 30, 2025 Inflation Is Impacting Americans As the cost of goods and services increases, consumers change their financial habits...
Our family business legal services fees We know that you will want to have a clear budget for legal services and we always ensure that an estimate of costs is provided at the outset. Our services are competitive and we will always work cost-effectively, ensuring you have the right level of...
Cost-Effective When we started our firm in the midst of the recession, we learned to survive in a lean environment and pass the savings on to our clients. As the economy has improved, we have not changed our philosophy. We are hungry to grow our client base, and so we have intentionall...
When the time comes, we assist families with post-death trust and estate administration. We assist our clients as they follow the road map created under the trust agreement, including advising trustees on their fiduciary duties, guiding trustees with respect to the transfer of assets and preparing...