Yigal Arnon & Co.’s top-ranked Family Wealth Management Group has provided expert and pragmatic advice to individuals and their families ever since the firm was first founded more than 60 years ago.
Our clients—who include some of Israel's most prominent families and individuals—rely on our experience, understanding and discretion. They also depend on our ability to tailor our services to their specific needs by assembling teams of specialists in relevant areas of the law, including tax, property, trusts and estates, family, intellectual property, corporate law and litigation.
Many of our clients are self-made women and men who run their own businesses and wish to transfer their lifelong ventures to their children in an appropriate manner, avoiding misunderstandings and disputes. We help them to design efficient corporate and family arrangements that will lead to a successful transfer of the family business to the next generation and generations to follow. Such arrangements may involve restructuring corporate bylaws, amending employment agreements, setting up foundations and addressing insurance issues, as well as preparing prenuptial and matrimonial agreements, wills and family trusts.
Our Family Wealth Management Group advises on various aspects of succession, gifts and trusts. We also review and prepare tax-efficient wills for Israel-based individuals who own property worldwide and international clients who own assets in Israel, to ensure they will meet the needs of both the family and the family business going forward. We provide a swift and effective will-drafting process, as well as probate services and advice on incapacity and guardianship.
Yigal Arnon & Co. provides clear and practical advice to wealthy individuals on all aspects of family law, including the financial aspects of the termination of long term relationships and complex cases involving children.
We do not just counsel clients on the issues they face during a separation or divorce, or in litigation issues; we provide a holistic perspective, one that considers both personal and business lives. This means offering corporate and commercial advice where appropriate. We also advise on prenuptial and matrimonial agreements, which are increasingly regarded as a way to protect and safeguard a family business and a family’s assets from the financial fallout following the dissolution of a marriage.
Taxation is, of course, a key consideration in the design of a family’s legal arrangements. As a result, our highly experienced team reviews current business and family plans, identifies objectives and assists in finding ways to reduce any long-term tax liability. In addition, our experienced tax lawyers provide long-term tax planning advice on changes of fiscal residence cases and tax treaty interpretation matters as well as on the application, taxation and reporting of foreign-sourced income and assets (including foreign bank accounts).
There is a growing awareness in Israel of how philanthropy can drive social change. Nevertheless, the rules governing non-governmental organizations and charitable deductions in Israel may seem confusing and cumbersome. Using our multidisciplinary expertise, we serve as legal advisors to numerous foundations, covering all relevant aspects of the law that enable charities and nonprofit organizations to operate more effectively while complying with increasing complex regulatory demands.
Yigal Arnon & Co. also provides Jewish and non-Jewish individuals and families with efficient visa services. When needed, we also provide relevant commercial and tax advice.
We also offer legal advice and assistance in regard to surrogacy procedures in the United States. In addition, we counsel clients on citizenship issues that arise upon the return to Israel.