Ultra-high-net-worth families and private businesses face a unique set of risks that traditional corporate strategies don’t always cover. From legal liabilities and operational vulnerabilities to cyber threats and regulatory scrutiny, failing to proactively manage these risks can jeopardize long-term family wealth.
In a recent Trusts & Estates article, Thomas J.Handler and Judith Pearson explore the critical elements of Family Enterprise Risk Management, including:
- The biggest threats family offices and private businesses often overlook
- How different family office structures impact risk exposure
- The role of insurance in mitigating financial and legal risks
- Why purpose trusts are becoming a key tool for asset protection
Understanding these risks—and implementing the right protections—can mean the difference between sustaining generational wealth and facing unforeseen crises. For the complete analysis, access the full report below.
About Wealth Managment – Trust & Estates Magazine
Trusts & Estates‘ in-depth peer-reviewed articles have made the magazine the authority on estate law, tax issues, and wealth management for over a century. Attorneys, fiduciaries, accountants, investment advisors, charitable giving specialists, family office executives, insurance agents, and valuation experts all contribute their insight and advice to the pages of the magazine. Always with a view to helping you better meet your client’s needs. Written by experts for experts!