Gross & Co.’s Private Wealth practice guides families and individuals in handling their personal affairs, provides counsel on managing the family business and capital, and advises regarding the transfer of family wealth – in an orderly and logical manner, from generation to generation.
The relationship with the department’s clients is based on professionalism, complete trust, and absolute discretion – as required while engaging in this susceptible subject.
The team handles all matters related to inheritance, gift and trust law, such as the preparation of wills, applications for inheritance orders or wills, establishing trusts, and drafting gift agreements.
The team works closely with the firm’s tax department to plan the inter-generational transfer properly.
The team has extensive experience in formulating family arrangements, family constitutions, partner and shareholder agreements, as well as formulating appropriate corporate governance rules in a manner that will enable proper and optimal management of the family business while maintaining cordial, harmonious family relationships.
The team includes lawyers who have been certified by the Custodian General, allowing them to draw lasting power of attorney documents that constitute a form of a “living will”, which are a crucial tool in the inter-generational transfer process.
