Wincore advisory Group help families to articulate their objectives and principles to establish the foundation of a sound succession planning, robust inter-generational wealth transfer and efficient family & business governance.
In particular, Wincore advisory Group provide end-to-end and tailored made solutions to successful families related to acquisition, governance, risk management and preservation of their businesses and wealth through generations.
Wincore advisory Group help families to articulate their objectives and aspirations to establish the foundation of a sound succession planning through the establishment of a DIFC Will to mitigate Sharia or foreign succession laws at the dismissal of the testator / legator.
Wincore advisory Group help families and businesses to establish succession, asset protection and Governance vehicles through its employees who have been administrating and establishing Foundations for over 10 years and are holding the best STEP (UK Society of Trust and Estate Practioners) qualifications in estate planning.
Family offices are arguably the fastest-growing investment vehicles in the world today, as families with substantial wealth are increasingly seeing the value of establishing a centralized function to manage their family wealth and business interests. There is no obligatory product or structure. The term refers more to a concept encapsulating a variety of structures established to manage family wealth, and in each case, a bespoke solution should be applied.
The core activities of a family office arrangement involve the centralized management of wealth derived from one or more families. Nuances arise with distinctions in the decision making hierarchy and how influence is distributed throughout the family structure. Often these family structures will have a broad range of business interests, with management responsibilities and ownership entitlement spread across multiple family members, which can make them complex.