Private clients face a range of challenges that affect not only the success of their business enterprise, but also the professional and personal goals of their owners. Whatever the end goal: an IPO, expansion into new markets, succession to a family member, or sale integrated tax planning is critical. Deloitte helps the owners of private companies, and Individuals with substantial assets apart from businesses they directly operate to understand, plan and execute effective tax strategies – altering course when needed to respond appropriately to potential tax consequences of new legislation and evolving market conditions. Our services to private clients include individual tax and wealth planning matters, international tax, and family offices.
Ongoing legislative and regulatory changes, along with an increased tax authority focus on high-wealth individuals, create a demanding environment for private clients to proactively manage their tax liabilities and risks. Deloitte is experienced in addressing the complex relationships among owners, their business and family members or family offices. Deloitte helps private clients evaluate the potential tax consequences of various personal wealth decisions, keeping tax, business and personal objectives in mind. Deloitte can help prepare for changes in the tax and economic climate, and help resolve disputes with tax authorities.
Individuals and families with substantial assets often face difficult decisions associated with protecting and extending their legacy. Deloitte is experienced in addressing the many facets of wealth planning for our private clients and their families. Our Private Client Services professionals assist our clients in exploring the issues relevant to wealth preservation and the transmission of wealth to future generations. Deloitte’s estate tax planning specialists will work closely with the private client’s other professional advisors to address the complex issues involved in estate, gift, inheritance, trust, and charitable planning and to develop and implement an estate plan tailored to their needs.
Increased mobility among high-net-worth individuals and families has coincided with the broad expansion of a globally integrated economy – featuring greater cross-border trade and investment – to create an increasingly complex range of global tax issues. Our Private Client Services professionals work closely with clients to address issues of tax residency and domicile and to assess the tax aspects of international investment opportunities. We provide multi-jurisdictional tax and estate planning advice, taking into consideration family mobility, wealth planning and preservation goals, the nuances of investing in specific countries and asset types, and the tax consequences to the family’s private business enterprises. Working closely together, Deloitte’s international tax and estate planning specialists assist families in anticipating and responding to the global mobility and the global reach of their investments and business enterprises.
Effective family wealth management encompasses a range of issues related not only to business aims, but also personal and family goals. Wealthy families often consider establishing a family office to manage their many investment, reporting, philanthropic, and financial planning responsibilities. Properly structuring and staffing a family office requires an analysis of tax and governance considerations, as well as a deep understanding of the family’s short and long range business and professional goals and objectives. Deloitte professionals can assist with family office design and set-up, family education and communications, charitable planning and private foundations, and structuring business investments. Our approach addresses both the family office as a business and the private client’s family wealth as an ongoing enterprise. Deloitte Private Client Services also offers Family Office services, either fully staffed by Deloitte’s professionals, or in cooperation with clients’ in house staff.
For more information please contact Ruben Freudenthal, telephone +31 882880887