The Critical Importance of Having the Proper Legal Structures in Place in Order for a Family Office to Endure for Multiple Generations with Tom Handler, Founder and Managing Partner of Handler Thayer, LLC.
Family Office World
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The Importance of Family Offices
Most of the early family offices were not integrated or part of a comprehensive game plan. Most existing family offices that haven't been put in place in the last five years are they're not updated, so they're fairly out of date. So as a general rule, most of the family offices out there are not set up in an optimized manner designed to capture the biggest opportunities.
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