From the Ganerbschaft to the Family Office - McDermott Will & Emery

From the Ganerbschaft to the Family Office

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Overview


In Depth


Norbert Schulte wrote this bylined article on how family offices help to secure, and ideally to increase, family assets for future generations. As the concept of the “ganerbschaft” (joint family estate) in old German law made clear, it is wise to hold large assets safe from jeopardy, Mr. Schulte wrote, and a properly constructed family office can fulfill this purpose.