Networks - PFTC

Why Engaging a Corporate Trustee Could Benefit You and Your Family

Glenmede
Thursday, May 4, 2023

Choosing a trustee is a major decision—one that may impact you and your family in many ways for generations to come. Essentially, when you establish a trust for the benefit of others, you are handing down your values through the terms of the trust and your contributed financial assets.

State Income Tax Planning with ING Trusts

Baker Tilly
Thursday, April 13, 2023

Residents in 43 states pay state income tax, with the highest rate being 13.3%. When combined with the top federal marginal tax rate and the net investment income tax, residents subject to the highest state income tax rate could face a total levy of 54.1% of income.

Ten Minute Interview: How to Mitigate Trustee Liability

Foley & Lardner
Friday, April 7, 2023

Beginning with the trustee fiduciary duties to the beneficiaries of a trust, attorney Abbey Magnuson of Foley & Lardner’s Estate & Trusts Practice Group discusses ways to mitigate trustee liability in this 10-minute interview with Brian Lucareli.

Overview

October 23: Reserved for Family Members, Single-Family Office Executives, and FOX Thought Leaders Council Members
October 24-25: Open to all FOX Members

 

Generational Transitions | The Future of Family Offices | The ‘Human Side’ of Wealth Management

“The best place to learn about issues facing wealthy families and family offices.” - 2022 Forum Attendee

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Overview

FOX’s Family Office and Wealth Advisor Forum will bring together family office executives and advisors in the UHNW industry to discuss the most critical challenges and opportunities impacting professionals in family offices and wealth advisory firms, and the clients they serve.

Overview

FinCEN Issues Final Rule on Beneficial Ownership Reporting Under the Corporate Transparency Act

Perkins Coie
Friday, October 7, 2022

On September 29, 2022, the Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) issued its Final Rule implementing the beneficial ownership information reporting requirements of the Corporate Transparency Act legislation.

Final Rules Implementing the Corporate Transparency Act and their Effect on Trusts, Family Offices, and Private Trust Companies

Waller Lansden Dortch & Davis (now part of Holland & Knight)
Monday, October 3, 2022

On September 30, 2022, the Department of the Treasury issued final rules addressing the scope of the reporting requirements for beneficial ownership and control of entities provided under the Corporate Transparency Act (CTA), which creates more clarity for families looking to understand their rep

Evolution of the Lender Structure: Deduction of Investment Management Fees

Waller Lansden Dortch & Davis (now part of Holland & Knight)
Tuesday, September 6, 2022

The use of a specific ownership structure to provide for the deduction of investment management fees has evolved since 1941 to most recently in 2018 when guidance was provided by the U.S.

The New Inflation Reduction Act Explained

Warner Norcross + Judd
Thursday, August 18, 2022

The New Inflation Reduction Act (the "IRA") was passed with a simple majority vote in the U.S. The IRA would raise approximately $450 billion to pay for deficit reduction, clean energy, and climate investments.