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Michelle Le Herissier
Managing Director - South Dakota
Specialism: Trustees Private Client Trustees
Company: JTC Group
Location: South Dakota, USA
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Average client size: £5 million - £25 million
Fixed fee offering: Yes
Number of offices globally: More than 5
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Helping families solve delicate situations
In Singapore I worked with a divided Malaysian family; the patriarch had passed away, the 3 children couldn’t agree and the mother was in denial about anything changing. The main asset in the family trust was a flat in London - a very desirable part of London. We had never rented the property out for nearly 20 years. It was never used by family members, yet stored a lot of their personal possessions and was going to wrack and ruin. After years of discussion, persuasion, negotiation, and a lot of legal advice the trustees finally convinced the family to sell. The heartache in the family was palpable, but it was the right thing to let go of a wasting asset and help the family to move on to the next phase in their journey and let go of the past.