Private Wealth and Family Office

Loeb Smith has a wealth of experience in working with different types of family office, local and international families and providers of family office services . We provide assistance in relation to the governance of family offices, in particular the role of family members, external consultants and investment advisors in the family office structure, succession planning and the frameworks to support communication between the family office, family members and their key advisors.

We can also assist with the legal and regulatory issues involved in establishing new family offices and for existing family offices including financial services regulation, necessary licensing and staffing permissions, anti-money laundering reporting and obligations, and data protection, together with the relocation of family members, family offices and staff across the jurisdictions and related business set-up, property, immigration and employment matters.

  • Stocks
    Private Wealth and Familky Office Services:
    • Establishment and structuring Trusts
      • Foundations
      • Companies
      • Limited partnerships
      • Family unit trusts
      • Alternative structures, including cell companies
      • Private trust companies
      • Holding structures for luxury assets
    • Governance
      • Multi-generational families
      • Composition of boards by family members and professional advisors
    • Estate planning and wills
    • Regulatory
      • Authorization, registration, licensing, staffing permissions and available exemptions related to entities and family investments
      • Financial services regulations (funds, trust, investments services and corporate administration)
      • Anti-money laundering (AML), anti-bribery and corruption / aboiding facilitation of tax evasion
      • Policies and procedures
      • Data protection
    • Relocations and Property

Related Publications

Cayman Islands: The need to focus on Corporate Governance Cayman Islands: The need to focus on Corporate Governance Corporate governance in the Cayman Islands primarily follows international standards and best practices, influenced by various factors including legal frameworks, regulatory bodies like the Cayman Islands Monetary Authority Read More
Cayman Islands: an overview of Foundation Companies Cayman Islands: an overview of Foundation Companies The Foundation Companies Act 2017 (the “Act”) introduced a novel corporate vehicle to the Cayman Islands – the “Foundation Company”. Read More
Cayman Islands removed from FATF Grey list Cayman Islands removed from FATF Grey list By way of an update on our recent publication the Financial Action Task Force had determined that the Cayman Islands has substantively fulfilled its action plan, and the Cayman Islands has now been de-listed from the so-called “Grey list”. Read More
Cayman Islands: Key dates to terminate a Cayman company to avoid unnecessary fees for 2024. Cayman Islands: Key dates to terminate a Cayman company to avoid unnecessary fees for 2024. If you are considering terminating a Cayman company by way of voluntary liquidation or strike-off, it is crucial to adhere to specific deadlines and procedures to avoid unnecessary fees for the year 2024. Read More
Cayman Islands: Proposed Legislation to expand Cayman Islands’ beneficial ownership framework Cayman Islands: Proposed Legislation to expand Cayman Islands’ beneficial ownership framework The Beneficial Ownership Transparency Bill, 2023 (the “Bill”), which aims to streamline the Cayman Islands’ beneficial ownership framework and to enhance transparency. Read More
British Virgin Islands: BVI REMOVED FROM EU LIST OF NON-COOPERATIVE JURISDICTIONS FOR TAX PURPOSES British Virgin Islands: BVI REMOVED FROM EU LIST OF NON-COOPERATIVE JURISDICTIONS FOR TAX PURPOSES The British Virgin Islands (BVI) has been removed from the European Union (EU) list of non-cooperative jurisdictions for tax purposes. Read More
Why and Where Do You Need to Be Offshore? Why and Where Do You Need to Be Offshore? Why and Where Do You Need to Be Offshore? Wendy Au of Loeb Smith Hong Kong office shared her insight with SS&C Intralinks on what makes offshore destinations attractive to Asia-based fund managers with some key.. Read More
Cayman Islands: Updated AML Guidance on use of e-KYC, Digital ID, and remote onboarding and ongoing monitoring of business relationships Cayman Islands: Updated AML Guidance on use of e-KYC, Digital ID, and remote onboarding and ongoing monitoring of business relationships In recent years, especially during the COVID-19 pandemic, onboarding clients and monitoring business relationships on remote basis have become the dominant trend. Read More

Legal Expertise

Loeb Smith has a wealth of experience in working with different types of family office, local and international families and providers of family office services . We provide assistance in relation to the governance of family offices, in particular the role of family members, external consultants and investment advisors in the family office structure, succession planning and the frameworks to support communication between the family office, family members and their key advisors.

We can also assist with the legal and regulatory issues involved in establishing new family offices and for existing family offices including financial services regulation, necessary licensing and staffing permissions, anti-money laundering reporting and obligations, and data protection, together with the relocation of family members, family offices and staff across the jurisdictions and related business set-up, property, immigration and employment matters.

  • Stocks
    Private Wealth and Familky Office Services:
    • Establishment and structuring Trusts
      • Foundations
      • Companies
      • Limited partnerships
      • Family unit trusts
      • Alternative structures, including cell companies
      • Private trust companies
      • Holding structures for luxury assets
    • Governance
      • Multi-generational families
      • Composition of boards by family members and professional advisors
    • Estate planning and wills
    • Regulatory
      • Authorization, registration, licensing, staffing permissions and available exemptions related to entities and family investments
      • Financial services regulations (funds, trust, investments services and corporate administration)
      • Anti-money laundering (AML), anti-bribery and corruption / aboiding facilitation of tax evasion
      • Policies and procedures
      • Data protection
    • Relocations and Property
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