Private Client

• Advised a nonresident high net worth individual with multiple residences and frequent U.S. activity regarding the tax implications of and planning relating to the acquisition of a U.S. residence

• Advised U.S. citizens and long-term green card holders in relation to the tax consequences of, planning for and steps involved in relinquishing U.S. citizenship or green card.

• Advised non-U.S. trustees on formulating distribution policies to account for the tax liability and compliance obligations of U.S. beneficiaries

• Advised trustees regarding and formulated plans for tax compliance obligations under FATCA

• Advised trustees on the U.S. resident or nonresident status of trusts in which they were fiduciaries including consultation on decanting transactions

• Advised beneficiaries of both U.S. and non-U.S. resident trusts on the implications to them of current and accumulated distributions

• Advised individuals in relation to the tax implications of high-value divorce settlements, including issues relating to payment characterization, recognition of gain and transfer taxes

• Structured and advised regarding formation, funding, operation and sale of interests in closely-held family limited liability companies

• Advised regarding tax efficient succession planning for highly valuable art assets

• Advised nonresident individual with significant U.S.-situs assets regarding U.S. gift and estate tax and globally tax efficient succession planning

• Advised U.S. citizen/nonresident high net worth individual with non-citizen spouse on tax efficient succession planning structures and coordination with overseas advisors

• Formed and filed tax-exempt status for family charitable private foundation funded with significant securities portfolio and advised on governance and operational requirements for foundation

• Advised on formation, tax implications and requirements for a private operating foundation funded with historically significant transportation antiques

• Advised regarding the availability of charitable contribution deductions for donation of real estate and permissible restrictions of use

• Advised regarding New York sales and use taxes in respect of acquisitions of art and antiques from vendors in various jurisdictions

• Advised a high net worth individual having homes and activities in several states regarding state residency and source of income considerations