Evercore Wealth Management
The clock is ticking on current federal transfer tax exemptions. Does that make now the right time to transfer wealth? Individuals can now pass $11.18 million to heirs, free of gift, estate and generation-skipping transfer taxes; for married couples that…
How much? When? How, exactly? Families considering making gifts to heirs face some tough questions. Thinking strategically about taxes and trusts can help alleviate the pressure and prepare the beneficiaries. Large gifts involve many considerations, whether they are philanthropic or…
This is the time of year that the thoughts of many of us turn to the sunny south. Now there’s even greater incentive – for Californians, as well as residents in the Northeast and the Midwest – as tax reform…
Families considering the enhanced gifting opportunities afforded by the Tax Cuts and Jobs Act should keep two factors in mind: Estate planning is never just about taxes – and the window to act under current law is scheduled to shut…
Behind the headline changes afforded by the Tax Cuts and Jobs Act of 2017 are the financial, emotional and physical realities confronted by many families. Comprehensive estate planning is at least as important as it has ever been. Consider, for…
Not many people want to even think about Alzheimer’s, let alone prepare for its impact. Indeed, of the diagnoses Baby Boomers can hear from our doctors – and there’s no shortage as we age – Alzheimer’s has to be the…
A lot has happened since Donald Trump was elected the 45th president of the United States. But here’s one thing that hasn’t happened: the widely anticipated spike in inflation and interest rates, both of which are still hovering at record…
For many art collectors, the most significant decision is often the last: how to dispose of the works. Collections, like the works themselves, are the product of passion, as well as a considerable investment of time and money. This aspect…
Most high net worth families want to reduce estate taxes. But in the drive to reduce their exposure, families can inadvertently bind themselves with excessively complicated planning structures or, worse, fail to retain adequate resources to meet their own needs. Complicated…