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SmartMoney

Janis Cowhey, Tax & Business Services Partner, Quoted in SmartMoney Article About "The New Rules of Estate Planning"

Featured: Janis Cowhey, Partner, Tax & Business

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In the article, Ms. McDonagh says the sudden ability to move as much as $5 million into such vehicles (and the fact that these trusts eventually could be curtailed, as the Obama administration is proposing) has clients lining up to draft dynasty paperwork. "They love the idea of having a Rockefeller-type trust without needing Rockefeller-type money," she says. That said, dynasty trusts aren't without hitches: They're complex, pricey to set up and maintain, and can spark family disputes as beneficiaries multiply.

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Featured
Janis L. Cowhey

Partner
Tax & Business
New York, NY
 
 
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