Privacy and security concerns are of paramount importance for high net worth individuals due to the potential risks associated with their wealth and prominence. These concerns often involve protecting personal information, financial data, and sensitive assets. Here are some key aspects of privacy and security concerns for high net worth individuals: To address these privacy […]
Asset protection is a legal strategy used by high net worth individuals to safeguard their wealth and assets from potential risks and liabilities. The goal is to shield assets from creditors, lawsuits, and other threats, while ensuring compliance with the law and maintaining ethical practices. It’s important to note that asset protection should always be […]
We previously outlined the multitude of legal issues facing HNWIs. Business law issues, in particular, are typically where a go-to personal attorney become so important. Here is a list of the business law issues of particular importance to high-net-worth individuals:
With great power comes great responsibility, so it has been said (perhaps by Spiderman). High-net-worth individuals (HNWIs) face a modification of that proverbial statement, which is: with great power/cash comes great responsibility/liability. Below is a list of the common legal issues facing HNWIs. Some planning and preparation can help mitigate these risks. Where inevitable, a […]