PERSONAL WEALTH MANAGEMENT
M. Firon & Co. has an extensive practice in the field of Personal wealth management, which is one of the most sensitive and complex legal fields. We assist high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals and families, in Israel and abroad, with the accumulation, management, transfer and protection of their personal wealth. The firm provides legal services that aim to assist the firm’s private clients to advance their goals in the field by creating efficient and creative legal structures that are tailored to achieve their objectives in full, while providing them with maximum legal protection.
The Law Offices of M. Firon & Co. offers an extensive personal wealth management practice, one of the most sensitive and complex areas of law. The firm provides legal services aimed at assisting its private clients – high net worth individuals and families, in Israel and overseas – achieve their goals in personal and private equity planning by creating efficient, creative legal structures tailored to fully realizing their objectives while affording them maximum legal protection.
Our legal team integrates its years of experience with its wide-ranging legal know-how, both in this specific practice area as well as in commercial law. This combination of expertise with the special attention and the requisite sensitivity that the firm provides to its clients helps them manage their substantial family wealth and furnishes them with the best possible legal services.
The firm specializes in a wide spectrum of family wealth management issues with a focus on inter-family economic matters including intergenerational transfers; establishment and management of, and consulting on, trusts, in Israel and abroad; representation of individuals and corporations in legal proceedings related to family property, among them shareholder agreements, voting agreements, amendment of corporate bylaws and articles, etc. Similarly, the firm has a complementary trusts and estates practice that provides comprehensive legal support in all aspects of that field, from local and international, large, complex inheritance disputes, all the way through appearances in various types or probate proceedings including will contests, will recission, invalid gifts within the family unit, etc.
The firm has special expertise in the most sophisticated equity tax questions, among them FATCA (Foreign Account Tax Compliance Act) and voluntary disclosure issues. In addition, the firm has experience the world over in managing all manner of commercial and private assets, be they real estate, securities, intellectual property, privately held companies, and more. The family wealth management department at M. Firon & Co. leverages its synergetic relationship with the rest of the firm’s departments as well as with its branches in Europe. That powerful relationship is what enables the firm to provide its clients with a complete set of services that maximizes their assets’ yields while taking advantage of the firm’s expertise in fields such as real estate, taxation, capital markets, and immigration. The firm’s family wealth management practice is enhanced by its membership in a prestigious international network that facilitates collaboration with foreign firms and entities in 150 countries around the globe for optimal management of overseas assets.
Comprehensive and Full Service includes:
- Family wealth planning and preservation, including intergenerational family capital transfer planning;
- Drafting wills and living wills;
- Permanent/durable power of attorney;
- Prenuptial agreements;
- Estate planning and execution;
- Setting up private trusts and philanthropic trusts;
- Representation in litigation proceedings including those subject to family disputes or inheritance disputes;
- Wealth taxation including FATCA.