Interest is growing among Asian families for such assets, with cities such as London proving hot destinations, something property firms are also responding to.
Assets under management for multiple family offices increased 68% between 2007 and 2011 to $777.3 billion, according to recent research released by Boston-based global research firm Cerulli Associates.
In order to qualify for the exemption, a family office must claim the exemption by filing electronically prior to December 31, 2012.
She will also play a key role as part of the executive team of Geller Family Office Services, the firm's family office and wealth advisory business, and help guide its strategic direction.
Cainvest International Bank Ltd., the wealth-management firm controlled by Brazil’s Cohab Aboulafia family, plans to expand in Latin America by partnering with family offices.