Advice and Perspectives

Fieldpoint insights give our clients a periodic, in-depth look at how we approach complex, contemporary wealth management strategies.

Fieldpoint Private Trust Hires Shirley Posada, Former Northern Trust Senior Client Advisor, as Senior Relationship Manager

Fieldpoint Private Trust announced the appointment of Shirley Posada as Senior Relationship Manager, further strengthening the firm’s client advisory and fiduciary capabilities as it continues to expand its premier family office platform. Ms. Posada brings more than 20 years of experience as a senior client advisor, most recently at Northern…

Former Northern Trust Senior Managing Director Brian Donovan Appointed President, Family Office at Fieldpoint Private Trust

Fieldpoint Private Trust announced the appointment of  as President, Family Office, marking a significant addition to the firm’s leadership team as it expands its premier family office and advanced planning services. Mr. Donovan brings nearly 30 years of experience in tax, estate planning, and multi-generational wealth structuring for entrepreneurs, executives,…

Advanced Charitable Gifting Strategies (Doing Well by Doing Good!)

Introduction In charitable gifting, while doing good should always be the prime directive, a well-known adage is to “do well by doing good”! Traditional gifts of cash or property directly to qualified charitable organizations benefit the charity and also the donor by creating income tax deductions for them.1 Gifts can…

Will The Sun Never Set on the TCJA?

As we said in a Tax Alert earlier this year, “It is still far from clear, particularly with a general election coming this November, what if anything Congress might do about these sunset provisions.” Well, that general election is now in the rearview mirror.

Wealth Bomb

The dynasty trust is the mother of all planning techniques. Its benefits and potential harm require serious thought and likely some soul searching.

Estate Says It Lacked Liquidity To Pay Taxes Without Loans

As appeared in “Tax Notes Today Federal,” April 16, 2023, by Erin McManus. The estate of a widow of a regional bank founder is challenging a $5.47 million estate tax deficiency arising from alleged additional unreported lifetime gifts and understated valuations, and from disallowed interest on loans to pay expenses. Carolyn…

1031 Exchanges As Powerful Real Estate Investment Tools

A Practical Guide to Leverage Their Benefits and Avoid Potential Pitfalls 1031 Exchanges – A Primer 1031 exchanges are a powerful tool. For the savvy real estate investor, a 1031 exchange can reduce risk and increase diversification. In short, the investor can redeploy assets into other types/classes of real estate…