Family Office Summit: Structuring a New Family Office in the US and Challenges in Advising Existing Multinational Families - 20 October 2020

Speakers:

• Anastasia Tonello, Laura Devine Immigration
• Todd Angkatavanich, EY
• Patricia Angus, Angus Advisors
• Rick Fogg, Lineage Family Office
• Bill Kambas, Withers Bergman
• Harry Singh, Rockefeller & Co.
• Carly Doshi, HSBC [Moderator]

We will highlight:

Governance and planning

• Pre-Immigration Tax planning for the individual considering changing residency to the USA.
• Immigration advice, for the visa required for such individuals to come to the USA.
• Corporate Governance for the Family Office in line with regulatory and standards in the US (adapt the current processes and harmonize those with US standards).
• Family Governance
• Weighing the pros and cons of setting up a SFO versus joining a MFO
• Coordination among advisors, benefits of an interdisciplinary approach

Structuring a Family Office

• Regulatory review and advice; determine if the US Family office would be subject to what regulation and if exemptions would be available both at federal level (SEC) and State levels.
• General Tax planning at both individual and corporate level (is it better to be a Corporation or an LLC?), including the analysis and comparison about establishing the Family Office in different States.
• International Tax considerations; establishing the nexus, treaty benefits available and reviewing the income flow within the US Family Office and the rest of the Group.
• Employment issues  and documentation to formalize the relationship with the Family Office
• Investment best practices, shifts and trends

Thank you to our sponsor- JTC Group