The Critical Importance of Having the Proper Legal Structures in Place in Order for a Family Office to Endure for Multiple Generations with Tom Handler, Founder and Managing Partner of Handler Thayer, LLC.

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In this episode, Tom Handler, Founder and Managing Partner of the law firm he founded — Handler Thayer, LLC, articulately explains why the first step in setting up a successful multi generational Family Office must start with a well thought out legal structure. He explains why only 25% of Family Offices make it to the second generation, 10% make it to the third generation, and only 5% make it to the fourth generation. Without the proper legal framework, Family Offices will not endure. It’s a fascinating conversation with one of the leading authorities on the legal aspects Family Offices must explore. Extremely insightful and thought provoking. A must listen to anybody who has or is thinking about setting up a Family Office.