Handler Thayer, LLP Family Office Outlook 2021
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Family Offices continue to serve as the 21
st century global best-in-class solution for affluent families striving to achieve long-term wealth management and preservation. According to the Securities and Exchange Commission,
Family Offices are entities established by wealthy families to manage their wealth and provide other services to family members, such as tax and estate planning services. The continued global proliferation and increasing concentration of wealth, along with the globalization of businesses, investments and families were all sidetracked by the arrival of coronavirus and the reactions of national and local government officials to it. While some sectors were largely unaffected, others were decimated by often capricious and erratically applied government prohibitions, many of which fly directly in the face of constitutionally protected fundamental freedoms. The lawlessness, viol