The thought of discussing inheritances with family members can be emotional and uncomfortable if not approached in the right way. The late Charles Collier was the former senior philanthropic adviser at Harvard University, where he served for 25 years. He…
One of the most common questions we get from our clients is how to maximize the chances of a successful wealth transfer and retain strong family relationships. Clients want to ensure that their hard work and legacy continue to live…
In recent days, I have been seeing more and more families who are accumulating significant amounts of capital, selling businesses, experiencing family changes, and getting older. Many are beginning to think about whether a family office now makes sense for…
Dealing with the Covid-19 pandemic has been, to say the least, a challenge. Having to social distance, balance our work and family lives as we work from home, and watch our investments ride a roller coaster have all created stress…
The following article was written by Northwood’s Chairman and CEO Tom McCullough, and was published by Barron’s magazine in April 2019. Read the original article on Barron’s In 1978, Prince Charles was 30 years old and had a bright future…
Looking back to the Fall 2015 issue of The Northwood Perspective, a newsletter geared toward the interests of our clients, friends and colleagues. Articles in this issue: Chairman’s Message: Managing Risk At Northwood, we are always thinking about risk (especially…
“Death and taxes – two sure things in life. Did you know that even if you’re resident in Canada when you die, if you own property in the U.S. you may be subject to U.S. estate tax?” Perhaps you have…
Cottage season is here and those of us that count ourselves among the lucky number of families who enjoy summer days out of the city will be on our way to our favourite “side”: lakeside, oceanside, mountainside or countryside. At…
Looking back to the Winter 2015 issue of The Northwood Perspective, a newsletter geared toward the interests of our clients, friends and colleagues. Articles in this issue: Chairman’s Message: Hearing from Clients A few months ago, we asked some clients…
Looking back to the Fall 2014 issue of The Northwood Perspective, a newsletter geared toward the interests of our clients, friends and colleagues. Articles in this issue: Chairman’s Message: Observations on Asia 2014 “It is better to travel 10,000 miles…
