Our strategic planning guide provides a clear framework for estate managers to define priorities, set goals, and structure long-term operational plans. Includes step-by-step guidance and a full sample plan for reference.
Exactly how does a household conduct effective Employee Performance Reviews? Just as no two homes are exactly alike, nor should evaluation processes be exact copies. There are nuances to every home and every family. Good Performance Reviews take this into account. That said, there are certain common denominators that can assist Employers or their Representatives establish fruitful review processes.
In our latest “Ask an Expert” session, we sat down with Ken Aaron of Virtual Home Inventory, a specialist in creating complete digital records of estates. Ken begins every project
Knowing the value of a work of art is essential to properly protect and insure a piece for display, storage, loan, donation, or sale. The best way to get an accurate value is to commission an appraisal.
Alongside overseeing the estate’s operations and staff, Estate Managers may find themselves fulfilling the crucial role of an HR Manager.
In our latest Ask an Expert session, I had the chance to speak with Sara Hobbs of Forecastle Financial, a Personal CFO who works directly with high-net-worth households. We talked about what it means to be a Personal CFO and how Sara’s role includes much more than bookkeeping
For Estate Managers and Family Offices looking for solutions to monetize and manage little or unused residential properties, converting them to vacation rentals has become an appealing option. JL │ Jack Laurier, a boutique luxury real estate operator and advisory firm, has emerged as a significant player in the Single Family Leisure (SFL) real estate sector, positioning these assets as institutional-grade investments for Ultra High Net Worth (UHNW) individuals.
Cataloging serves as the crucial first step in effectively managing a principal’s fine art collection. This entails meticulously gathering and documenting all pertinent information for each artwork.
For our inaugural ‘Ask an Expert’ chat, I had the opportunity to speak about Owner’s Representation with Leo Crane, the founder of Summit Point Consulting. Our conversation shed light on the role of an owner’s representative and the multifaceted challenges and strategies inherent in project management.
As we move into 2024, it’s important to review and update employee handbooks to align with new standards and expectations.
The act of holiday gift-giving to household staff is not merely a customary gesture but a nuanced practice requiring careful consideration. A clear understanding of industry standards for cash gifts combined with meaningful, personalized gestures let your staff know they are seen and appreciated.
A good employee expense policy and proper tools to facilitate expense reporting can lead to many positive outcomes, such as increased trust and productivity, improved morale, and easier financial management.