Family Held Businesses

Business Services for the Next Generation

A trust or estate may hold a closely-held business asset as the corporate fiduciary. Being in the business of administering trusts and estates; at times requires a third party to assess, operate, monetize certain assets like IP or liquidate all or parts of a business. On occasion a Trustee or Executor may require the services of an experienced and objective advisory firm to provide third-party insight into important matters and decisions. Sherwood Partners’ deep expertise in finance, operations and accounting enables us to provide sophisticated advice that is highly relevant to this asset class.

Family Held Businesses

Change always creates a variety of challenges.

To protect against potential disasters, trustees and stakeholders frequently seek an independent counsel on the wellness of their assets. Sherwood’s substantial experience in corporate restructuring, bankruptcy and business opinions enables us to quickly assess situations and reach careful conclusions.


Your clients have reposed trust and confidence in you to preserve the wealth that they have worked so hard to create for the next generation. And law imposes upon you the highest and most important duties as a result. Your duties as a fiduciary may have some or all of the following:

  1. The duty to exercise such skill as a person of ordinary prudence would under the circumstances (the “Prudent Person Rule”)
  2. The duty to employ special skills (i.e., specialty asset management)
  3. The duty to invest prudently (the “Prudent Investor Rule”)
  4. The duty to preserve or takes steps to preserve the trust or estate property
  5. The duty to delegate prudently when such delegation is appropriate

You can rely on Sherwood to help fulfill these important legal obligations. Sherwood can assist in developing a complete and thorough analysis, including the evaluation of direction and recommend potential alternatives. Sherwood’s Wellness Opinion™ can be of great assistance in reaching a well-informed decision. Independent advice helps to document the consideration process behind important matters and promote the use of sound business judgment, free from bias or potential conflict of interest. At Sherwood we believe consulting services must be more than leaving behind a report. We assist in change integration.


Sherwood Partners, Inc.

Silicon Valley | Los Angeles | New York

3945 Freedom Circle
Suite 560
Santa Clara, CA 95054

Phone: 650-454-8001
Fax: 650-454-8040


© Copyright 2019, Sherwood Partners, Inc., All rights reserved.