The level of effort required for the operation and maintenance of family properties, vacation homes or valued family assets can often compare to that of a small business. Private Family Services can assist with governing your family entity through:

• Paying all business bills
• Maintaining cash account balances for all business entities
• Maintaining records for each investment owned by businesses
• Determining and making appropriate distributions from all entities to owners
• Tracking ownership of each family entity and updating as changes occur
• Preparing periodic expense summaries and cash flow reports for each entity
• Accumulating tax information to provide the accountant the necessary data to complete annual income tax returns