Family assets are usually separate assets in the form of family-owned business, real estate, and/or bank deposits. A Family Fund is the consolidation of the aforementioned elements into one entity (also known as a family equity), whose ownership still lies with the Family.
Establishing a Family Fund is an ideal solution to problems relating to family succession. LONG TERM MANAGEMENT will help you with:
Support with transferring accumulated assets to subsequent generations (Family Fund, decision-making structures, and wills).
Preparation of “Family Rules” which will regulate all aspects of the Family Fund and the Family members’ roles regarding asset protection and profit to ensure its post-generational functioning (including the principles of wealth management and its use, investment policy, and philanthropic work).
Continuous and operational protection of assets with comprehensive support in areas such as law, taxes, and finances both for the Family Fund and for the Family.