Tax and Estate Planning


COVID-19 Family Office Webcast: Digesting the Financial Impact to Family Offices with Operating Businesses
While many are still managing the COVID-19 crisis, post-COVID-19 action plans are starting to take shape. Our discussion focuses on unpacking recent tax law changes and the impact on a family office
COVID-19 Family Office Webcast: Deep Dive into COVID-19 Liquidity Programs and the Family Office Application
Family offices and their affiliated businesses have gone through a number of transformative changes due to the disruptive nature of COVID-19. Many will qualify for COVID-19 liquidity programs. In
New IRS Coordinated High Wealth Audit
Waller Lansden Dortch & Davis
The IRS is coming out of its silos. Between July 15 and September, the IRS will audit several hundred high-income individuals and one or more related entities, typically one or more pass-throughs.
2020 Wealth Planning Outlook
Northern Trust
While recent years brought concrete wealth planning changes with the latest tax legislation, 2020 sees families and their advisors preparing for the unknown. U.S. presidential and congressional
Putting the "Family" in Family Philanthropy
Wilmington Trust
For many individuals, philanthropy is one of the more gratifying parts of estate planning. Adding in a multigenerational component—one that involves the family’s needs, interests, assets
Tax Planning for Challenging Times
Plante Moran
Businesses and taxpayers nationwide are continuing to adapt to the challenges posed by the COVID-19 pandemic and its impact on the economy. Times are tough—but that doesn’t mean there
GRAT Expectations: Extra Opportunity in the Current Environment
Cambridge Associates
Grantor retained annuity trusts (GRATs) have been a popular and effective wealth transfer strategy for U.S. families in recent decades. This has been true across various market conditions because
Keeping a Private Family Trust Company Compliant
BNY Mellon Wealth Management
A private family trust company (PFTC) provides families with intergenerational governance over family assets and a private forum for decision-making. Without proper management, however, a PFTC can be
After-Tax Benchmarks: Easier Said Than Done
Traditional benchmarks don’t work for taxable investors seeking to put their after-tax performance in perspective. The solution are customized benchmarks, which means knowing how to