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They still want conservative growth, capital preservation and tax effective management.
So, where do confused clients go for help in sorting out their ever-increasing options for managing the family fortune? More and more of them (like it or not) are turning to their lawyers. This is especially true for clients with first generation wealth, because building a successful business generally does not prepare them to manage the proceeds from its eventual sale. Younger generations of wealthy families, however, are also turning to their lawyers in search of clearer and more comprehensive solutions that will save time and fees in the management process and free them to spend more time building their families and careers...
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