tax Services
Family Office Services
The family office services team at Barnes Wendling CPAs provides clients with a wide range of financial and tax planning services designed to protect assets for future generations.
Specializing in estate and trust planning
Family offices combine the expertise of financial, accounting, and legal professionals all under one roof. From a financial perspective, family offices control costs, manage taxes and cash flow, provide measurements on financial return, and assist in choosing assets in which to invest.
Our family office team provides affluent families and family offices with a wide range of financial and tax planning services, designed to protect assets for future generations. Our professionals specialize in estate and trust planning, accounting for beneficiary needs and providing the most advantageous tax positions. Our team screens outside service providers, determines risk profiles for various investment dollars, and reviews private investments as part of the overall asset diversification plan.
Our family office services can be tailored to fit both business and personal financial needs.
This includes services such as:
- Asset diversification: We help plan where (and how) to invest assets, offering risk management and asset allocation strategies.
- Asset protection: We provide long term asset protection by holding funds on a capital efficient basis.
- Business succession: We prepare succession plans, add board members when necessary, and advise on succession goals.
- Cash flow management: We manage cash flow through bill pay, timing cash availability, and planning for debt.
- Estate planning: We provide estate, trust, and will planning services to ensure protection of generational wealth.
- Private equity: We conduct a pre-due-diligence investment review of private equity investments.