7 More Family Office Resources:

• Assets Under Management Family Office Definition: Assets Under Management Assets Under Management definition:  Assets Under Management (AUM) is the method by which most family offices are paid by their clients. The client receives all-inclusive, comprehensive services and pays ...
• How does a family office management fee work? Question: How does a family office management fee work? Answer: Family offices are compensated in different ways and amounts, but the family office management fee is one method for charging their clients based on the ...
• Illiquid Assets Family Office Definition: Illiquid Assets Illiquid Assets definition:  Family businesses and real estate (especially commercial real estate) are complicated assets to sell or liquidate. These assets are harder to value accurately because of few ...
• Private Real Estate Family Office Definition: Private Real Estate Private Real Estate definition:  Private real estate is a direct investment in real estate property. Compared to REITs, private real estate is an illiquid investment and less diversified.  ...
• Gross Estate Family Office Definition: Gross Estate Gross Estate definition:  The gross estate is the net worth (assets less liabilities) of the estate before taxes. The gross estate includes all real and personal property owned by ...
• Probate Estate Family Office Definition: Probate Estate Probate Estate definition:  The probate estate refers to the portion of an estate that must go through the probate process. These assets were not set up to avoid probate. Download ...
• Transfer-On-Death Accounts Family Office Definition: Transfer-On-Death Accounts Transfer-On-Death Accounts definition:  Transfer-on-death accounts includes investment accounts (i.e. stocks, bonds, and mutual funds) and in some states, vehicles and real estate property. These assets can be transferred to ...