Carol Hannigan, a Principal at BanyanGlobal, is an attorney and former single-family office executive with more than 25 years of legal and wealth management experience. She specializes in helping family business owners create a roadmap to understand and use their corporate governance and trust and estate planning and administration to achieve their business and family goals.
Prior to joining Banyan, Carol was President and General Counsel of Moreland Wealth Services Corporation, a multi-generation single-family office, serving as a key senior advisor on planning and executing wealth management strategies for all family members and their private trust company board. Before joining Moreland in 2010, Carol was an attorney advising family business owners, investors, developers and fund managers on a broad range of complex matters involving real estate and private equity investments, tax, trust and estate planning, including as a Partner at Hale and Dorr LLP (now Wilmer Hale). Carol received her B.A. from Simmons College and her J.D. from Boston University School of Law.
Carol enjoys advising and empowering family business owners to manage conflict and become effective stewards of their business and human capital. She is passionate about using trust administration, governance, succession planning and next generation education to sustain family enterprises for current and future generations. “I understand the perspectives of both the senior and next-generation family owners, to help them find alignment on shared goals and manage through the inevitable conflicts as they plan and prepare for succession in their family enterprise.” She shares “best practices” with clients and colleagues and has spoken on the topic of “Creating a Sustainable, Multi-Generation Family Office” at the Institute for Family Governance.
Carol lives on the North Shore in Massachusetts, where she enjoys sailing and skiing with her husband and two sons.