Tax Planning Opportunities for Single Family Offices

Publisher: Private Asset Management

March 2018

Day Pitney Author(s) R. Scott Beach Von E. Sanborn

R. Scott Beach, Von E. Sanborn and Aaron T. Kriss authored an article, “Tax Planning Opportunities for Single Family Offices,” which was published in the March 2018 issue of Private Asset Management. The article discusses a recent U.S. Tax Court decision in Lender Management, LLC v. Commissioner, which ruled in favor of a single family office that deducted its operating expenses as trade or business expenses under Internal Revenue Code Section 162. The ruling could help pave the way for certain family offices seeking to deduct such expenses.

The article was first issued as a Day Pitney Advisory and can also be viewed here.

Dan Gottfried spoke on a panel, "The Qualified Business Income Deduction for Real Estate Investors and Professionals," at the 31st Annual Real Property, Trust and Estate (RPTE) National CLE Conference, presented by the American Bar Association and held in Boston, MA.

May 10, 2019

American Bar Association, Boston, MA

International Estate & Tax Planning 2019

Dina Kapur Sanna will be speaking on two panels at International Estate & Tax Planning 2019, a conference presented by the Practising Law Institute and held in New York, NY.

May 6, 2019

International Estate & Tax Planning Conference, New York, NY

Non-Residents Acquiring Real Estate: Compare & Contrast Between the U.S. & UK

Carl Merino spoke on a panel, "Non-Residents Acquiring Real Estate: Compare & Contrast Between the U.S. & UK," at the U.S.-UK Tax Planning conference, presented by KNect365 and held in New York, NY.

May 2, 2019

New York, NY

Day Pitney Hosts Annual Palm Beach Family Office Forum

Day Pitney LLP hosted its annual invitation-only Palm Beach Family Office Forum at the Eau Palm Beach.

May 1, 2019

Eau Palm Beach, Palm Beach, FL

Additional Takeaways From the Latest Qualified Opportunity Fund Regulations

April 30, 2019

Day Pitney Advisory

Who Can You Trust in the Cryptocurrency Economy?

April 30, 2019

Daniel Gottfried, chair of Day Pitney's International Transactions practice was quoted in an article, "Who Can You Trust in the Cryptocurrency Economy?," published by the Robb Report.

Ultra-Rich Scout Direct Real Estate Investments

February 17, 2019

Jared Ross was quoted in an article, "Ultra-Rich Scout Direct Real Estate Investments," published by Banker & Tradesman.

Day Pitney Named "Highly Commended" Best Private Client Law Firm at 2019 Private Asset Management Awards

February 11, 2019

Day Pitney Press Release

Less Than 20% of Family Offices Have Robust Succession Plans

February 5, 2019

Scott Beach, chair of Day Pitney's Family Office Practice, was quoted in an article entitled "Less Than 20% of Family Offices Have Robust Succession Plans," published by Private Asset Management.

Tax Screw-Ups and People Problems: Experts Reveal Biggest Blunders of Rich Families

February 4, 2019

Von Sanborn was featured in an article, "Tax Screw-Ups and People Problems: Experts Reveal Biggest Blunders of Rich Families," published by Bloomberg.