Tax Planning for High Net Worth Individuals

Maura C. Carney Partner (617) 338-2801 vCard
Joel R. Carpenter Partner (617) 338-2815 vCard
Henry W. Comstock Jr. Partner (617) 338-2461 vCard
Steven M. Cunningham Jr. Associate (617) 338-2432 vCard
Christopher C. Curtis Partner (617) 338-2839 vCard
Joseph B. Darby III Partner (617) 338-2985 vCard
Michael M. Davis Partner (617) 338-2848 vCard
Paul W. Decker Counsel (617) 338-2478 vCard
Jonathan B. Dubitzky Of Counsel (718) 838-3513 vCard
Judith G.H. Edington Counsel (617) 338-2422 vCard
Lily K. Francis Associate (212) 660-3012 vCard
John K. Graham Partner (617) 338-2941 vCard
Richard L. Jones Partner (617) 338-2482 vCard
David H. Kaplan Of Counsel (617) 338-2856 vCard
David J. McLaughlin Counsel (617) 338-2833 vCard
Lisa N. Mingolla Partner (617) 338-2431 vCard
Cornelius J. Murray III Partner (617) 338-2931 vCard
David J. Nagle Partner (617) 338-2873 vCard
Ameek Ashok Ponda Partner (617) 338-2443 vCard
Constantine P. Ralli Partner (212) 660-3089 vCard
Douglas P. Schneidman Partner (212) 660-3086 vCard
Marc L. Stern Partner (212) 660-3088 vCard
Rosemary Wilson Counsel (617) 338-2894 vCard

Our tax strategies help high net worth individuals reduce the impact of federal and state income, estate and gift taxes. We know how to reduce or limit the impact of taxes on such appreciating family assets as real estate, closely held businesses and financial holdings, and develop the most effective structures to pass more of the increased value to younger family members. We also can help plan for the use of life insurance to increase estate liquidity upon death while avoiding tax on the insurance proceeds, and have developed software to analyze the optimum disposition of IRAs and other tax-qualified assets.

We can analyze the tax consequences of investments in pass-through entities such as Subchapter S corporations, partnerships and LLCs and help individuals to maximize the tax benefit of available deductions while minimizing the tax costs associated with various forms of income.

For clients with charitable objectives, we can help make the most of the tax benefits associated with charitable giving through a variety of strategies for charitable gift programs. Our state tax experts assist clients with controversies relating to Massachusetts residency and assist with all manner of state tax planning.