By Von Sanborn, Darren Wallace and Stephen Ziobrowski (December 11, 2017, 12:24 PM EST) -- Over the years, families of significant wealth have come to realize the many benefits of establishing a family office, including enhanced control, privacy, customization of their overall asset allocation, wealth and risk management and integrated legacy planning. Whether formally structured or operated informally such as through an existing business, a properly structured family office formed in conjunction with family trusts offers significant benefits in the areas of tax mitigation, asset protection and liability protection for the beneficiaries and trustees....