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Tax Issues for Family Offices: Structuring Options, Income Tax Planning, Allocations, Investments

Recording of a 90-minute premium CLE/CPE video webinar with Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford CPE+ Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Conducted on Tuesday, May 23, 2023

Recorded event now available

or call 1-800-926-7926

This CLE/CPE course will provide tax attorneys and professionals an in-depth analysis of key tax considerations for family offices under current tax law and discuss the potential impact of proposed legislation. The panel will discuss cases and legislation impacting the family office industry, considerations for structuring a family office, selected tax matters, and best practices and developments in the family office industry.


With the creation of significant wealth, families may consider establishing a family office--or modernizing an existing one--to oversee the family's financial affairs rather than solely relying on institutions to provide those services. The tax framework for family offices is complicated, requiring the involvement of competent advisers. With appropriate facts and proper planning, tax professionals and advisers can assist the family in establishing a family office to meet their goals and objectives and further their overall tax efficiency.

Our panel has amassed a significant amount of experience working with family offices across the United States on various tax matters and will share leading practices and developments related to forming and restructuring family offices.

Listen as our experienced panel discusses tax provisions impacting family offices, structuring considerations, income tax issues, and other planning considerations.



  1. Review of family office types and structures
  2. Overview and comparison of Lender Management and Hellmann cases
  3. Case study of an indicative family office structure
  4. Relevant federal tax considerations and impact of proposed legislation


The panel will review these and other key issues:

  • What are the necessary attributes for a family office activity to rise to the level of a trade or business for tax purposes?
  • What are specific tax considerations in structuring family offices?
  • How can investment partnerships help assist with the formation of a family office structure?
  • How can a family office be funded and operated tax-efficiently?
  • What current proposed legislation could impact family offices and the structuring of family offices in the future?


Thomas, Samuel
Samuel F. Thomas

Seward & Kissel

Mr. Thomas is an associate in the Trusts & Estates Group. He received a J.D. from Harvard Law School and a...  |  Read More

Tobey, Robert
Robert L. Tobey, CPA

Reid CPAs

Mr. Tobey’s tax career got started with an introductory tax course at Western Michigan University’s Haworth...  |  Read More

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Strafford will process CLE credit for one person on each recording. CPE credit is not available on recordings. All formats include course handouts.

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