News & Insights: business management family office

WHAT’S OLD IS WHAT’S NEW


By Robert G. Kuchner
November 15, 2016

Contrary to popular belief ― and probably in keeping with your own professional experience ― high net worth individuals (HNWI) rarely regard tax reduction and improving cash flow as chief among their concerns. For affluent investors it's really about what they can walk away with, not necessarily how much they earn. And let’s face it, a great performing investment can become a very mediocre one once taxes kick in.

This article was written by Robert G. Kuchner, CPA/PFS, a Partner at Marks Paneth LLP. “What's Old Is What's New”, will appear in the December issue of Global Business Opportunities.

DOING BUSINESS GUIDE - UNITED KINGDOM


November 8, 2016 |

The latest edition of Doing Business Guides ― which focuses exclusively on the UK ― has just been released.

Despite the economic slowdown of the last decade, the UK has come back strongly and continues to provide a stable economic environment, with a transparent regulatory and legal environment that is welcomed by local and international businesses. In fact, the UK is still the number one destination for foreign direct investment in Europe,

The main purpose of the new guide is to provide a broad overview of the various issues that should be considered by organizations when considering setting-up business in the UK.

Tax Alert: Tax IRS proposed regulations target gift and estate tax planning strategies


By Lawrence Cohen
September 7, 2016

The IRS has released proposed regulations that would close so-called tax loopholes that many wealthy taxpayers have used to minimize gift and estate taxes when transferring interests in a closely-held family business to relatives. If finalized, the regulations would significantly limit the effectiveness of certain tax-saving vehicles, including family limited partnerships, for reducing the value of transferred interests for tax purposes. This article details the proposed regulations. 

Wealth Management for High Net Worth Individuals


November 16, 2009 |

As the financial crisis took hold, high net worth individuals (HNWIs) watched their wealth decline and quickly lost faith in their wealth managers. Many withdrew assets or left their wealth management firms altogether. But as the economy improves, wealth management firms are seeking ways to alter their business models and provide a better service to their increasingly risk-averse clients, who are demanding more transparency on how their fortunes are managed.