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Family Office | High Net Worth Individuals
Hot Topics / Insights
June212022
Is a Spendthrift Trust Right for You?

Do you have a loved one to whom you want to leave money or assets to but who may not be financially responsible? A spendthrift trust may be an appropriate […]

May022022
Tax Planning for New York Estates

The federal lifetime gift and estate exemption has been a hit with high net worth individuals. However, these individuals need to keep in mind that along with the federal estate […]

April012022
Proposed Minimum Income Tax on Super High Net Worth Individuals

BERDON TAX TEAM 4.1.22 | Client Alert Premise: Beginning in 2023, individuals with a net worth in excess of $100 million would pay a minimum annual income tax of 20% […]

March242022
Inherited IRAs Less Generous Per New IRS Guidance

Berdon Personal Wealth Services Team 3.24.22 | Client Alert At the end of 2019, the Secure Act (“the Act”) introduced the 10-year rule, requiring most non-spouse designated beneficiaries (non-eligible designated […]

March072022
Spousal Lifetime Access Trusts

Steve and Madison have done well during their lifetime and accumulated a significant net worth. They have not done any estate planning over the years. However, due to a recent […]

January052022
Berdon Names a Diverse Group of Seven New Partners

1.5.22 | Press Release NEW YORK – “We are particularly pleased with the diverse group of new partners who, in their own unique ways, have demonstrated the technical excellence and […]

November172021
Risk Management and Internal Controls – The First Line of Defense for Family Offices

Elizabeth Zabludoff, J.D., Alexander Moshinsky, CPA, and Daniel Cabo Jr., CPA 11.17.21 | Industry Insights Imagine you are interviewing to run a privately-held technology company, a position you have been […]

November092021
2021-22 Tax Planning Guide – Staying Prepared and Flexible Through the Uncertainty

11.9.21 | Client Alert Ongoing attempts at massive tax reform targeting high net worth individuals and corporations … heated political debate in Washington over the direction of the nation … […]

November052021
Major Changes to Interest Expense Deductibility Coming Next Year

Joseph Most, J.D. 11.5.21 | Client Alert Initially included as part of the Tax Cuts and Jobs Act of 2017 (“TCJA”), the current iteration of IRC section 163(j) (“163(j)”) limits […]