Fieldpoint insights give our clients a periodic, in-depth look at how we approach complex, contemporary wealth management strategies.
The new trust company leverages the benefits of America’s most progressive tax laws for clients. Greenwich, CT – May 4, 2022 – Fieldpoint Private announced the launch of a sophisticated full-service trust company, Fieldpoint Private Trust, in response to widespread demand from clients, advisors, bankers and others. Tim Tully, executive chairman,…
As readers of these Tax Alerts are aware, many tax proposals and “scares” emanate from Washington…
Ways & Means weighs in on Biden Tax Proposals, with significant changes.
Transfer Taxes with a Side of Capital Gain! The Problem In our previous Planning Bulletin, The Biden Tax Proposals Chapter 1, we focused on the Biden administration’s proposal to both increase the long term capital gains rate and make it retroactive to the month of April. In this “Chapter 2,”…
Capital Gains Tax Increase Retroactive – Can He Get Away With It? Recently, the Biden Administration released its fiscal 2022 budget request to Congress, along with a “Green Book” providing detail on the income tax proposals. On the personal income tax side, it reiterated and expanded upon proposals previously made…
I like to imagine that there is a mysterious, lost fifth verse of Peggy Lee’s “Is That All There Is?” (not too dissimilar from that enigmatic third verse of “Friends in Low Places”). In my parallel song universe, she solemnly describes the prospect of higher tax rates as an investor…
For cross-border families, the U.S. is actually one of the world’s great tax-havens.
If you want to place an asset in trust for your children, but don’t personally need or want to draw an annuity from it, you may like the idea of that asset providing an annuity to a charity instead. This is the role of the Charitable Lead Annuity Trust. In…
Doing well by doing good: Convert low-basis holdings into a tax-favored income stream and a tax-deductible charitable gift.
The dynasty trust enables families to protect and accumulate wealth, unlike any other planning technique.
Gift the future growth of assets, potentially free of gift and estate tax, while retaining for yourself the initial value as an annuity stream.
Remove over $23 million from your taxable estate while effectively retaining the use of those assets for your family, protecting them from creditors, possibly for perpetuity.