We developed and implemented strategies for a client to utilize remaining high gift and GST exemptions through gifts of multi-tiered real estate investment entities to dynasty trusts, for substitution of closely held assets for cash and marketable securities to better align client planning goals and transfer tax savings, and we oversaw late allocation of GST, a qualified severance, and sale of assets between trusts to leverage GST exempt assets held in trust for children and grandchildren.
Total transactions are estimated to remove at least $30 million from the transfer tax system.
We also oversaw income tax planning and transition of investment advisor oversight among multiple advisors for portfolio assets owned by individuals, trusts and LLCs.
Total transactions are estimated to remove at least $30 million from the transfer tax system.
We also oversaw income tax planning and transition of investment advisor oversight among multiple advisors for portfolio assets owned by individuals, trusts and LLCs.
