But the superwealthy neednt fret. Family offices are private companies created by extraordinarily wealthy families to manage their myriad investments, businesses, and personal affairs. The initial value of the assets, plus interest calculated at the outset using that months 7520 interest rate, gets disbursed back to the trusts creator in annual installments (annuities) over the lifetime of the trust, which can range from two years to much longerthats up to you. By the late 1800s, however, America was transitioning rapidly from an agrarian economy to an industrial one. Walton GRATs were deemed legit in 2000, when Covey successfully defended Audrey Walton, the sister-in-law of Walmart founder Sam Walton, against a challenge by the IRS.
Family offices are private companies created by wealthy people to claim investments.
( z0 company :ARG1-of ( z1 private ) :ARG1-of ( z2 create :purpose ( z3 claim :ARG0 ( z4 person :mod ( z5 wealth ) ) :ARG1 ( z6 invest ) ) :ARG0 z4 ) :domain ( z7 office :mod ( z8 family ) ) )
(z0 / company
    :ARG1-of (z1 / private-03)
    :ARG1-of (z2 / create-01
                 :purpose (z3 / claim-01
                              :ARG0 (z4 / person
                                        :mod (z5 / wealth))
                              :ARG1 (z6 / invest-01))
                 :ARG0 z4)
    :domain (z7 / office
                :mod (z8 / family)))
Family offices are private companies created by wealthy people to claim investments .
z7 :mod z8
z0 :ARG1-of z1
z0 :domain z7
z0 :ARG1-of z2
z4 :mod z5
z2 :ARG0 z4
z3 :ARG0 z4
z2 :purpose z3
z3 :ARG1 z6