Von Sanborn was featured in an article, "Five Questions: Von Sanborn on Art Law, Insurance and the IRS," published in the Connecticut Law Tribune. In the article which profiled Sanborn's experience handling art and insurance law, Sanborn discussed his practice which includes counseling clients on the formation of art trusts; issues related to sales and use of tax; and art transactions. With estimates on annual art transactions in the global market ranging from $50-$60 billion, if not higher, Sanborn said, "it's clear that art is now an asset class of its own, necessitating all the due diligence once reserved for more traditional asset classes like financial investments and real estate," Whether his clients are buying, selling, gifting, donating, loaning, borrowing against or otherwise transacting in art, given the enormous value of such assets, Sanborn told the Connecticut Law Tribune, "I work to ensure my clients are properly protected with the appropriate legal documentation. Additionally, as inheritance tax and international tax laws continue to change, I firmly believe clients must be properly advised in order to avoid costly mistakes."
On March 15, Day Pitney hosted its annual Palm Beach Family Office Conference.
On November 16, Alexis Gettier will be participating in a GenSpring Family Office panel called, "Avoid Art Ache: Planning & Communication, Considerations For Collections."
Darren Wallace and Alexis Gettier wrote an article, "The Charitably Inclined Collector," for Trusts & Estates Magazine. The article is about the charitable giving landscape as it relates to substantial works of art.
Darren Wallace and Alexis Gettier wrote an article, "Using Family Entities for Planning With Artwork," for Trusts & Estates Magazine. The article describes how creating a family LLC structure provides an attractive option for art collectors to hold their collections. An LLC provides centralized management, shared ownership for family members, and a decision-making structure that can minimize emotionally charged disputes over the family art collection.
Jennifer Pagnillo and Avery Armas wrote an article,"Private Museums Under Scrutiny," for Trusts & Estates Magazine. The article is about the recent Congressional investigation into certain organizations that questions the public benefit provided and raises the concern that wealthy individuals have sought to convert their personal art collections into private museums as a way of reducing taxes while retaining control of the property.
Day Pitney Press Release
Day Pitney LLP was named 'Law Firm of the Year' by Family Wealth Report at its 2017 Awards Ceremony at the Mandarin Oriental Hotel in New York City.
Day Pitney announced today that international tax attorney, Von E. Sanborn, has joined the firm as a partner in the Corporate and Business Law department as a member of its Family Office practice in its New York office.
A team Day Pitney Family Office lawyers authored a white paper titled, "Key Considerations for Structuring and Operating Single Family Offices," with Angelo Robles, CEO of the Family Office Association.
Aaron Kriss was a featured panelist in a webinar, "Form 3520 Foreign Trust Reporting for Tax Counsel: Navigating Filing Requirements and Penalty Abatements for Delinquencies," for Strafford Publications.