Working with the existing advisor to a family-owned business, we advised the family on the listing of their business. On engaging a tax lawyer, we recommended that an offshore trust was the optimal vehicle in which to settle the family’s shares in the business and assisted with the establishment of the trust structure. We instructed offshore intermediary service providers to ensure compliance with local law and worked with them to ensure that the structure reflected the wishes of the family. Following the listing, we established a family office for the family and, on the eldest son getting married, engaged lawyers to arrange a pre-nuptial agreement for him.
- Date published: 01/05/20