News & Analysis as of

High Net-Worth

McDermott Will & Schulte

Private credit funds: How family offices can protect the downside

One early 2025 survey reported that about a third of family offices intended to increase their allocations to private credit during 2025 and 2026 – the highest among alternative asset classes....more

McDermott Will & Schulte

Family office investments: What’s different about venture capital funds?

Family offices may from time to time be presented with opportunities to invest in venture capital funds. Although venture capital and private equity funds traditionally share the same broad closed-end fund architecture, they...more

McDermott Will & Schulte

Make the right move: Hedge fund investing for family offices

Reports suggest that most family offices allocate capital to alternative assets, with a good portion of that capital flowing into hedge funds. As compared to other private fund categories, hedge funds offer investors relative...more

Conn Kavanaugh

New Child Support Guidelines In MA

Conn Kavanaugh on

Federal law requires Massachusetts to review the state’s Child Support Guidelines every four years. The most recent review was completed in 2025, and new Child Support Guidelines were issued as of December 1, 2025. ...more

Venable LLP

California Billionaire Tax “Running From with the Bear”

Venable LLP on

California continues to explore new revenue measures aimed at high-net-worth individuals in response to ongoing budget pressures and shifting tax policy priorities. One of the most closely watched proposals is the "2026...more

Harvey Law Group

Top 5 Immigration Predictions for 2026

Harvey Law Group on

As we move further into 2026, the global immigration landscape continues to evolve at an unprecedented pace. Countries worldwide are reimagining their immigration policies to attract talent, capital, and expertise in an...more

Pullman & Comley - For What It May Be Worth

Supplemental Property Tax on High-End Connecticut Residences Proposed Again

The Connecticut General Assembly will again consider establishing a supplemental property tax on high-end residential properties.  This is an idea that has been introduced in prior legislative sessions but has failed to gain...more

Foley & Lardner LLP

GRATs as an Estate Planning Tool for High‑Net‑Worth Individuals

Foley & Lardner LLP on

The Federal gift and estate tax exemption (also known as the “basic exclusion amount”) increased to $15,000,000 per individual for calendar year 2026. Taxpayers whose assets are subject to gift or estate tax despite the...more

Mayer Brown

Principales mesures issues de la loi de finances pour 2026

Mayer Brown on

Le 2 février 2026, le projet de loi de finances pour 2026 (le « PLF 2026 ») a été considéré comme définitivement adopté dans le cadre de la procédure de l’article 49.3 de la Constitution. Cette version définitive du PLF 2026...more

DarrowEverett LLP

Domestic Asset Protection Trusts: Protecting Your Wealth in a Litigious World

DarrowEverett LLP on

If you are a professional, entrepreneur, investor, or family steward with meaningful personal assets, a well‑crafted Domestic Asset Protection Trust (DAPT) can help you proactively shield wealth from lawsuits, creditor...more

Ropes & Gray LLP

FCA consults on client categorisation

Ropes & Gray LLP on

The FCA’s consultation paper CP25/36, published on 8 December 2025, sets out proposals on client categorisation and will inform firms’ planning for categorisation assessments and procedures. The consultation closes to...more

Dickinson Wright

A Smart Way to Plan for High State Income Taxes: The Nevada ING Trust

Dickinson Wright on

As a trust and estates and tax attorney, I am frequently asked by clients (and colleagues) if there are options to reduce the income tax burden they expect to pay on portfolio income or when they expect to experience a...more

Hanson Bridgett

The Golden State Showdown: California Billionaires v. Proposed Wealth Tax

Hanson Bridgett on

California voters are faced with a potentially significant ballot initiative known as the “2026 Billionaire Tax Act” (the “Act”). If the initiative gathers the requisite signatures to qualify for the November ballot,...more

Fox Rothschild LLP

Making the Move: How to Appropriately Change Your Washington Domicile

Fox Rothschild LLP on

Washington has the highest estate tax rates in the country, with a top rate of 20 percent for taxable estates valued above $9 million. Under current law, this adds 12 percent to the total tax burden (meaning a taxable estate...more

Cooley LLP

California’s Proposed ‘Billionaire Tax’: Nine Things to Know

Cooley LLP on

A proposed California ballot initiative – “The 2026 Billionaire Tax Act” (also known as Initiative 25-0024) – has been getting a lot of attention, and it could have implications for business valuations, capital structures and...more

Skadden, Arps, Slate, Meagher & Flom LLP

FCA Consults on Reforms to Client Categorisation and Conflicts of Interest

On 8 December 2025, the UK Financial Conduct Authority (FCA) published Consultation Paper (CP26/36) (the CP), proposing reforms to the professional client categorisation regime and targeted simplifications to the conflicts of...more

Holland & Knight LLP

Tax and Legal Planning for the Venezuelan Diaspora in Transition

Holland & Knight LLP on

For a quarter of a century, the Venezuelan people have faced profound economic, social and institutional disruptions. For many high-net-worth families, these circumstances have meant not only the fragmentation of assets and...more

DLA Piper

Active Investor Plus Visa Explained: New Zealand’s Updated Residency-By-Investment Regime

DLA Piper on

The AIP visa effectively allows a non-New Zealand resident to obtain a pathway to New Zealand residency by making a qualifying investment of as little as NZD5 million under the “Growth” Category. And, under very recent...more

Hahn Loeser & Parks LLP

Until Death Do Us Part: Leveraging the Step Up in Basis (Smart Business)

Hahn Loeser & Parks LLP on

With the recent increase of the 2026 federal estate and gift tax exemption to an unprecedented and astounding $15 million per person (a whopping $30 million for married couples), the necessity of federal estate tax planning...more

DarrowEverett LLP

Navigating Complex Asset Valuation in High-Net-Worth Divorces

DarrowEverett LLP on

In high-net-worth (“HNW”), what you own is rarely the real battle, it’s what those assets are truly worth. HNW divorces bring unique financial and legal challenges that go far beyond traditional marital estate division....more

Baker Botts L.L.P.

California 2026 Billionaire Tax Act

Baker Botts L.L.P. on

On October 22, 2025, a ballot initiative titled the “2026 Billionaire Tax Act” was filed with the California Attorney General. An amendment to the initiative was filed on November 26, 2025....more

Tarter Krinsky & Drogin LLP

Joining a Multi-Strategy Hedge Fund? Don't Overlook the Immediate Estate Planning Opportunity

Landing a portfolio manager role at a top multi-strategy hedge fund can be a career-defining moment. It can also catapult your personal net worth into the stratosphere overnight. Rapid wealth creation comes with a new...more

Weber Gallagher Simpson Stapleton Fires &...

Who Needs a Prenuptial Agreement?

My son got married recently and shortly before the wedding, a non-lawyer friend asked me if my son and his now wife had a prenuptial agreement, that I prepared, of course. My answer was no, because I didn’t see how two...more

Offit Kurman

Trust Structures Under Fire: What High-Net-Worth Divorce Means for Advisers

Offit Kurman on

What began as a high-asset marital dissolution between John and Laura Overdeck has transformed into a wide-ranging challenge to modern trust planning and the professionals who support it....more

Davis Wright Tremaine LLP

Charitable Giving Under the OBBBA: Why 2025 Is a Critical Planning Year

The One Big Beautiful Bill Act ("OBBBA") brings major changes to federal charitable deduction rules beginning January 1, 2026. These changes reduce the tax value of charitable giving for many high-income individuals and...more

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