Evercore Wealth Management
In the absence – yet – of new tax legislation, families face continued uncertainty regarding the future of the estate and gift tax systems. Washington could remain in deadlock on this issue, of course, but tax changes could also be…
If we can’t take a treasured possession with us, we might want to ensure that it’s taken care of. hat’s true for all sorts of assets, whether a beloved family vacation home, an art collection, a pet, or even our…
Modern family wealth is increasingly mobile, global and entrepreneurial, often sourced in a variety of ways and allocated across a range of traditional and nontraditional investments. Families have lived through tumultuous social, economic and political times, and understand that the…
More than ever, home is where our hearts are. Home may also be a cornerstone in our wealth transfer planning, allowing families to utilize the still high lifetime estate tax exemption, without sacrificing liquidity. Let’s back up. The estate tax…
From shirtsleeves to shirtsleeves in three generations is a line that everyone knows – and for good reason. Empirical studies of economic mobility suggest that inherited wealth generally erodes with each generation. But it doesn’t have to be that way. Families…
Editor’s note: Evercore Wealth Management provides customized environmental, social and governance, or ESG, investment services to families, family trusts, foundations and endowments. Additionally, Evercore Trust Company can serve as a sole trustee or as co-trustee, or can provide comprehensive fiduciary…
Increased cybercrime is an unfortunate side effect in the global fight against COVID-19. As families and companies seek information and adapt to new forms of communication, criminals are seeing new opportunities. Wealth managers are in the frontlines of this battle,…
Editor’s note: Clients of Evercore Wealth Management and Evercore Trust Company will soon be able to access a dedicated App, a subject we will discuss in the next issue of Independent Thinking.
Hidden risks can imperil the successful sale of a business, with lasting repercussions for the owner and his or her family, unless some hard questions are addressed well ahead of the transaction. Is the price right? What form should the…