All good things come to an end, but it’s not too late – read this week’s break down of time sensitive tax advantages that you’ll need to act quickly to take benefit from. Also new this week: get familiar with the advantages and drawbacks of close relationships between donor advised funds and private foundations.
As 2021 winds down and Congress continues to wrestle with the Build Back Better Act (“BBBA”), you should be aware of opportunities that will expire with the new year and changes that are already in place for 2022.
The Friedman Private Clients Services (PCS) group frequently sits on both sides of monetizing events for our high-net-worth clients. In this capacity, Friedman tailors tax-efficient solutions from optimizing transaction-structuring to partnering with families in the thoughtful stewardship of wealth.