Stephen Ziobrowski was quoted in an article, "10 states millionaires might be fleeing," in LifeHealthPro. In the article, Ziobrowski discusses how several states—including Massachusetts—are considering raising their taxes on their wealthiest residents. He says that the concern with taxing the wealthy is that it causes them to leave.
"We saw this happen when Florida got rid of its estate tax and we had a lot of people moving out of Massachusetts and changing their domiciles as a result. If you start to impose a tax on the incomes of wealthy people in ways that other states are not doing, you are risking a brain drain, for lack of a better term." He also adds that the Massachusetts legislature would not want to repeat the mistake it made back in 2005 when the Massachusetts Supreme Judicial Court ruled that an act passed by the legislature, which had affected the taxation of capital gains in 2002, was unconstitutional and that the Department of Revenue was required to provide refunds of some of the taxes it had collected.
In October 2023, Day Pitney represented a state pension system client in connection with a $200 million investment in a $20 billion private equity fund, and its accompanying co-investment vehicle, focused on acquiring, operating and disposing of financing, software, data and technology-enabled businesses.
Three Boston-based Private Client Department Day Pitney Partners were selected for inclusion on Boston magazine's Top Lawyers of 2023 List*. The selected attorneys are: Jordana G. Schreiber, Partner – Trusts and Estates; David L. Silvian, Partner – Trusts and Estates; and Christine N. Fletcher, Partner – Trusts and Estates.
Day Pitney Trusts and Estates Attorney Nikolaus Schuttauf was featured in The Wall Street Journal article titled, "The Estate Tax Catching Americans by Surprise."
Day Pitney Trusts and Estate Attorney G. Warren Whitaker authored the article, "The Dog Ate My Kids' Inheritance: Providing for Pets in an Estate Plan," for New Jersey Lawyer.
Day Pitney Trusts and Estates Partner Michael S. Schwartz co-authored the article "Generational Resilience Through the Integration of Governance into Structure," which has been included in the Essential Reads on Family Offices book published by Global Law and Business Ltd.
Day Pitney Trusts and Estates Partner Tasha Dickinson was featured in the CNBC online article, "Matthew Perry Reportedly Got $20 million a Year in 'Friends' Residuals.
Day Pitney Trusts and Estates Partner Tasha Dickinson and Litigation Partner Mark Romance authored the article, "What Partners Can Learn From Associates: Top Five Insights," for the Daily Business Review.
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Day Pitney Trusts and Estates Partner Christine Fletcher authored an article for Forbes.com titled, Tax Planning For Your Second Home: 6 Things to Know and Some Options to Explore."
Day Pitney Hartford Office Managing Partner Kathleen Monnes was featured in the Law360 Pulse article, "Day Pitney Relocates Hartford Office to Goodwin Square."
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