What Are Family Offices: A Guide to Wealth Management for Families

n this episode, Brett Cribb, Managing Director and Founder of Resources Unearthed hosts Craig Barry from William Buck and Rob Lamb from Hill House Legal Partners. They discuss the intricacies of family offices, looking at what they are, their types, and their benefits. The conversation also covers how virtual family offices can assist families with substantial wealth, addressing intergenerational transfers, and the importance of managing family dynamics. The episode concludes with insights into creating a family charter, estate planning, and common legal considerations in family succession.

00:00 Introduction

00:22 Understanding Family Offices

00:29 Meet the Experts: Craig Barry and Rob Lamb

01:29 Types of Family Offices

03:39 Virtual Family Office Services

05:44 Family Dynamics and Intergenerational Transfers

07:44 Legal Considerations and Family Charters

12:34 Common Issues and Solutions

17:01 Conclusion and Contact Information

Brett & James: https://www.resourcesunearthed.com.au/

Craig Barry: Specialist Tax and Business Advisor

Craig Hong: https://hillhouse.com.au/