For private clients, Farella deploys multi-disciplinary resources, working closely with our family wealth, corporate, intellectual property, tax, real estate, finance, construction, employment, and litigation lawyers. Our dynamic, integrated approach ensures that private clients have access to full representation for all their family, corporate, and philanthropic needs.

For over five decades, our lawyers have worked with ultra-high-net-worth individuals, families, trusts, closely held businesses, and tax-exempt organizations. Our accrued knowledge and experience translates to prudent guidance in the accumulation, management, transfer, and protection of wealth domestically and internationally.

Examples of the type of private client matters we address include:

Generational Wealth Transfer

  • Dynamic estate plan development
  • Wealth preservation and related tax minimization planning
  • Trust and estate administration
  • Privacy planning
  • Trust and estate litigation

    Family Office

    • Entity formation and governance
    • Insurance program review
    • Employment advice and litigation
    • SEC compliance and counseling
    • Philanthropic planning
    • Succession planning
    • Real estate leasing, purchase, and sale
    • Business advice for family and closely-held businesses

    Charitable Planning

    • Private foundation formation, governance, operation, regulatory compliance, succession planning, and wind up
    • Family office and charitable coordination (DAFs, charity grants, endowments, charitable LLCs)
    • Tax and estate planning for charitable gifts of complex assets
    • Qualified conservation easements
    • Charitable lead and remainder trusts
    • Operating foundations, museums, and funder collaborative

      Closely-held Businesses

      • Formation of new business entities and holding companies
      • Compensation and incentive arrangements for non-family member key executives
      • Optimization of exit opportunities
      • Insurance coverage placement and claims
      • Corporate investigation services
      • Transition of ownership and executive responsibilities to successors to maximize tax savings and minimize the likelihood of disputes

        International Tax Planning

        • U.S. and non-U.S. property structuring advice for tax, estate planning, privacy, and asset protection
        • Foreign assets and income compliance and advice for U.S. persons, as well as U.S. assets and income for non-U.S. persons
        • U.S. residency advice for non U.S. persons to avoid unwanted U.S. residency status
        • U.S. income, gift, and estate tax issues
        • Pre-immigration tax and estate planning for non-U.S. persons inbound to the U.S.
        • Pre-emigration tax and estate planning for persons outbound from the U.S., including advice regarding relinquishment of a green card or U.S. citizenship
        • Establishing foreign and domestic trusts, companies and multi-tiered structures for the benefit of U.S. and non-U.S. beneficiaries in a tax efficient manner

          Real Estate

          • Ownership structuring
          • Purchase and sale of luxury residences and business properties
          • Land use
          • 1031/like-kind exchanges
          • Leasing (business, residential, and agricultural)
          • Privacy planning
          • Property tax planning
          • Property and business interruption claims
          • Financings

          Private Investments

          • Due diligence of investment opportunities
          • Board membership, fiduciary obligations, indemnity and insurance, and governance rights in portfolio companies
          • Document private investments, including fund investments and direct investments in portfolio companies
          • Liquidity events, such as IPOs and M&A transactions, and secondary sales of securities, including SEC reporting compliance
          • Formation and operation of pooled investment vehicles

          Personal and Strategic

          Our approach is personal and strategic. Each client has different goals, concerns, and tolerance for risk that may change over time and generations. Private clients appreciate our high-level, direct advice and responsive communication that is customized to achieve personal, corporate, investment, and philanthropic objectives in a tax efficient and predictable manner. Our counsel is designed with sufficient flexibility and foresight to marshal opportunities, address unanticipated change, and survive leadership shifts and transitions.

          While working one-on-one with our clients, we gain an in-depth knowledge, which allows us to provide coordinated legal counsel with personal, partner-level attention that results in long-term relationships with our clients and multiple generations of their family.

          Our clients and their family offices have diverse sources of wealth. Our in-depth industry knowledge in areas including real estate, financial services, private equity, asset management, retail, manufacturing, hospitality, wine, cannabis, energy, sports, entertainment, music, technology, and inherited wealth means that in most cases, clients avoid paying for any learning curve on our part.

          Firm Highlights

          Publication

          Pushing for Diversity in Philanthropy

          Farella's Wendy Hernandez and guest speaker, Afshan Paarlberg, assistant visiting professor at Indiana University Lilly Family School of Philanthropy, for the nonprofit industry program "Pushing for Diversity in Philanthropy." A pressing question for many...

          Read More
          News

          Welcome to EO Radio Show - Your Nonprofit Legal Resource

          Read More
          Publication

          Internal Investigations for Nonprofits: A Means of Identifying and Addressing Misconduct Before the Regulators Come Calling

          The worst nightmare for most nonprofit board members is a complaint that sparks an investigation of misconduct at the organization. The ember may have been burning for some time before the board becomes aware...

          Read More
          Publication

          Investigations, Audits, Subpoenas, Oh My!

          Our Nonprofit Education Series speakers Cynthia Rowland, Aviva Gilbert and guest speaker, Stephanie Fauerbach from FTI Consulting, discuss "Investigations, Audits, Subpoenas, Oh My!" Nonprofit entities can be just as prone to misconduct (theft, embezzlement, accounting snafus...

          Read More
          News

          Farella’s Family Wealth and Private Client Offerings Bolstered by Two New Partners

          Read More
          News

          Farella Represents Miller Family on Sale of The Silverado Vineyards

          Wine Grapevine Image
          Read More
          News

          Chambers High Net Worth 2022 Ranks Farella Braun + Martel in Private Wealth Law

          Farella Braun + Martel is pleased to announce that our Private Client Industry Group was again recognized in Chambers High Net Worth (HNW) as a leading practice in Private Wealth Law in Northern California...

          Read More