Trust and Estate Planning

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The Cost of Complexity: Why Does It Matter?
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Private trust companies; profits interest structures; direct investments. The world of family wealth management is getting more complex all the time. As families and their office management teams evolve and learn best practices, there is a natural tendency to add more complexity to their structure and operations. Recently, we’ve seen this movement exhibit itself in several ways. Click here if you would like to participate in the survey.

Empowered Planning: Your Business Transition
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The decision to sell your business is a big one, and you’re far from alone if you’re thinking about making this kind of transition. In this webcast, learn how to determine the right time to sell, the next steps once you decide to make that transition, and the essential tax considerations to keep in mind.

Preparing for the Great Wealth Transfer: Strategies for Effective Family Education
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Often, families execute wealth transfer planning strategies without fully considering what wealth and family legacy means to them—particularly the importance of defining and sharing their associated social, economic, and philanthropic values. In this interview, two advisors examine the value of family education and the critical role advisors play in the process.

2021 Trust and Estate Planning Update
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Don’t miss this annual Family Office Forum update. Income and estate tax changes are highly probable, and speculation abounds regarding potential regulatory developments, all of which could significantly impact family offices and individuals. Learn what to watch and what, if anything, you might consider doing to protect your family and clients.

Five Steps to Consider When Creating a Prenup
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Couples nearing marriage often confront challenging questions and must make difficult decisions around complex, emotionally charged issues. Somewhere in the process of sorting out financial and estate planning decisions, the question on whether to have a prenuptial agreement may emerge. Here are steps that you and your families may find helpful in making the prenup experience more successful, and potentially avoid some fatal flaws.

Chartered Family Trust Company Considerations and Processes
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Wyoming is one of two states that permits both chartered, or regulated, and unchartered, or unregulated, private family trust companies (PTCs). This guide reviews important considerations and processes related to Wyoming chartered PTCs—including common reasons that families choose a chartered PTC and the procedure for establishing a Wyoming chartered entity.

2021 Estate Planning Update
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FOX’s annual estate planning webcast will lead participants through a thoughtful discussion of some of the most important topics and developments that were covered at the 55th Annual Heckerling Institute on Estate Planning. Key legislative, regulatory, and case law updates impacting ultra-high net worth families and their family offices will be covered. By the end of this webcast, attendees will be able to: Describe the most important developments that will impact family offices and ultra-high net worth families in tax and estate planning in 2021

How Will the Corporate Transparency Act Affect Estate Planning
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Lawmakers have passed the Corporate Transparency Act (CTA) to help in the ongoing fight against fraud, corruption, terrorism financing, and money laundering. The CTA contains significant new federal reporting obligations, and it may have an especially onerous impact on estate planning for those who accomplish their planning goals through the use of one or more business entities.

Transferring Great Wealth and Great Responsibility
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No matter your role – whether you’re a family business leader, family office executive, family member – how are you preparing your family for significant wealth transfer or liquidation events? Said differently, how can you make inheriting wealth less like being hit by a comet?

Private Trust Company Leading Practices: Operations and Administration
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Once the private trust company’s (PTC) governance structure is designed, the foundational operations and administration elements will be central to bringing the PTC to life. Three key elements toward that end include reducing PTC complexity through documentation and recordkeeping; maintaining the PTC through communications and compliance; and preparing the PTC for long-term success through the delegation of duties.