Category: High-net-worth

Selling Nvidia – Capital Gain Deferral/Elimination

Business professional overlooking city skyline from modern office window.

By Matthew S. Dana, Esq., CPA, LLM in Taxation Key Takeaways: A Charitable Remainder Trust (CRT) or an exchange fund allows investors to immediately diversify large, concentrated positions in highly appreciated stock like Nvidia while completely deferring immediate capital gains tax. Executing an installment sale to a Non-Grantor Trust under IRC Section 453 spreads recognized […]

Collaboration of Advisors and Family Offices

Diverse group of professionals in a modern office setting.

The Importance of Collaboration in High-Net-Worth Estate Planning In my prior article, “Planning for Gilligan is different than planning for Thurston Howell, III” I mention the fact that for high-net-worth clients, it is very important to get all the advisors on the same page. Collaboration is critical. There are income tax issues, estate and gift […]

Estate Planning with Purpose

Two people planning with purpose writing and estate planning.

As estate planning attorneys, we recognize the importance of helping our high-net-worth clients understand the nuances of SLATs in divorce situations.