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Spear’s Review
Charles Russell Speechlys partner Sophie Dworetzsky says her practice is increasing in both ‘depth and detail’ when it comes to family office structuring.
She adds that, before setting up an office, HNWs should think about tax efficiency, both from an ownership stake and from a remuneration stake. There are other pertinent questions too, such as, ‘How will the managers be incentivised?’
Dworetzsky’s clients include hedge fund managers, private equity fund managers and entrepreneurs, as well as high-net-worth families. She advises on carried interest, trusts, tax for UK resident and non-resident individuals and efficient structures for enjoying large leisure assets such as yachts, private planes and art.
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