Family Office

At YDK, our services for wealthy families often involve designing and maintaining the structures that administer and govern the family wealth.  Our Family Office & Governance practice provides a holistic approach to managing family wealth, offering strategic guidance on everything from the creation and structuring of the family office and assisting with day-to-day administration to succession planning and family governance.  We have advised many of the largest family offices in the country and offer unparalleled experience in this practice for a boutique firm.

“Families are as unique as the wealth they manage. Our job is to ensure their financial legacy is protected, while fostering harmony and unity across generations.”

Alan Ytterberg, Partner

We understand that transitioning governance of family wealth is often a family’s greatest challenge.  Our team has extensive experience helping families navigate these issues and we bring the insights from that experience to bear on each engagement.  Each family is unique and there is no one size fits all solution to family governance, so we tailor our advice to each family’s particular circumstances.  We assist in designing governance structures and succession plans, creating family constitutions, establishing roles and responsibilities, and providing ongoing legal counsel to ensure the smooth operation of family enterprises.

Our attorneys offer comprehensive support to family offices, from initial creation to ongoing governance and compliance.  We work alongside family office principals, trusted advisors and family members to ensure that each decision supports the family’s long-term objectives, while remaining in compliance in an ever-changing regulatory and tax environment.  When conflicts arise, we bring extensive experience to both foster creative solutions and mitigate risk.

Our goal is to provide peace of mind. We help create and maintain the structures that give senior generations confidence that governance will smoothly pass down the generations, while also ensuring that each successive generation is prepared to take on their role with confidence.