Family offices – partner Paul Tracey featured in FINTRX03 May, 2019 - Dispute resolution | by Grosvenor Law
The affairs of high-net-worth family offices are complex and require specialist knowledge and advice. Whether a single or a multi-family office, succession planning and balancing privacy with disclosure obligations tend to be the main concerns.
When disputes arise within family offices, these usually appear to revolve around money. However, on closer inspection, it often comes down to what individuals believe they are entitled to, as opposed to what they are actually entitled to. Advisors can smooth the path between the first and second generations and help with the balance of the family pyramid in order to preserve and maintain wealth.
Grosvenor Law partner Paul Tracey has been interviewed by FINTRX, an online family office data, research, and insights platform and publication for the alternative investment industry and private capital markets, discussing succession planning, compliance and resolving disputes for family offices.