Form a Family Office. Its sole function is to centralize the management of a significant family fortune. Typically, this organization employs staff to manage investments, taxes, philanthropic activities, trusts, and legal matters. The purpose of the family office is to effectively transfer established wealth across generations. The family office invests the family's money, manages all of the family's assets, and disburses payments to family members as required. The expense is tax deductible. See you CPA
No comments:
Post a Comment
Imagination is more important than knowledge. Knowledge is limited.