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October 28, 2020

Families have accelerated their wealth transfers to their next generation before a possible victory by Democrat challenger Joe Biden in the US presidential election.

Families have accelerated their wealth transfers to their next generation before a possible victory by Democrat challenger Joe Biden in the US presidential election.

However, families should only consider how much and how to give away funds as part of their longer term multigenerational goals and if they could afford it, warned TwinFocus, a Boston and London based multi family office.

October 6, 2017

Monarch collapse causes chaos; family business trust on ‘foundation of sand’; and BMW told to refund bogus fee

Monarch collapse causes chaos

A brief “sorry” message on a bland website spells the end for an airline which has flown millions of Britons to exotic locations.

The UK’s fifth biggest airline was placed into administration on 2 October, stranding more than 100,000 holiday makers and forcing UK authorities to carry out the largest peacetime repatriation in history. Another 750,000 passengers had their bookings cancelled.

November 8, 2012

Patton Group, a 100-year-old family-owned construction business, has gone into administration after suffering the effects of tough trading conditions.

Patton Group, a 100-year-old family-owned construction business, has gone into administration after suffering the effects of tough trading conditions.

Owned by the eponymous family, the Ballymena, Northern Ireland-based company said this week it was exploring “all possible options for the future”. This could include selling all or part of the family business.

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