Evercore Wealth Management
Sunset is when the sun appears to sink below the horizon. However, when it comes to estate planning, sunset is when the current gift, estate and generation-skipping transfer, or GST, tax exemption under the Tax Cuts and Jobs Act of…
Private fund principals have access to unique planning strategies that leverage both carried and capital interests to shelter assets from transfer taxes, and reduce and defer income taxes. Now is the time to take advantage of these strategies. As described…
Divorce, no matter how amicable, is a time of considerable reassessment and change. Judy Moses, Partner and Portfolio Manager, and Neza Gallitano, Wealth & Fiduciary Advisor, describe how they work with clients pre- and post-divorce, to build new and sustainable lives.
Every divorce is unique, but no one needs to feel alone in the experience. Building a team of advisors, including an attorney, an accountant, and a wealth management advisor, is the first step in working to a positive outcome –…
Life insurance is often unnecessary for ultra-high net worth families. But in the right circumstances it can be a powerful planning tool, helping to provide estate liquidity, fund buy/sell agreements, or shelter taxes. Here are a few brief highlights: Income…
The wonderful thing about growing up in one country and living in another is that you get to come “home” twice on a single visit. But managing family assets across borders can feel like more than twice the work. Families…
Like professional athletes, corporate executives are often paid for performance. Unlike many athletes, executives may have more time on their side, thanks to deferred pay compensation structures that reward those who hang in there – and plan well. And it’s…
Editor’s note: Evercore Wealth Management released its legislative and regulatory guide in October to inform clients of end-of-year planning discussions in the context of overall wealth planning goals. Highlights and subsequent relevant IRS updates are included here. Please contact your…
Several legislative and regulatory updates that may be worth considering this year, in the context of overall wealth planning goals. For instance, the SECURE 2.0 Act included adjustments to required minimum distributions and qualified charitable distributions. In addition, guidance issued…