Despite the fact that family offices have been existed for a
really long time, they have recently been discovered and gained
importance. While it is possible to see the family offices even in
Japan dynasties, they are still unknown to many people in
today's world. These offices are not only structurally very
comprehensive including many areas such as investment, donation,
budget, insurance, taxation etc. but also they provide services in
these areas. Family offices may be categorized in two classes:
-Single Family Office: These offices are for
single persons and families. Single family offices are generally
preferred in cases where the wealth is minimum $100 Million or
more. Being an executive director of a single family office, John
Grzymala summarizes these offices as; these offices are entities or
persons who provide support and manage the process for the family
members in their daily tasks they have to deal with, such as
investment, insurance, legal affairs and