AREAS OF EXPERTISE

Our firm can assist you in starting a single or virtual family office that is custom-built to fit your needs and investment focus, putting in place a centralized system will help you ensure that your goals are defined and met, and guarantee that your advisors are speaking often and communicating well with each other.

 

The primary goal of estate planning is to see that your assets will be managed and distributed according to your desires during your life and after your death. There are a number of estate-planning tools, but the most common tools are the last will and testament (“will”) and the revocable living trust.

A will or trust can meet the minimum legal requirements, but that document may not accomplish your most important objectives unless you appoint the right fiduciaries, include the appropriate powers and restrictions, identify your primary and contingent beneficiaries, and give clear guidelines to meet beneficiaries' needs.

Our firm specializes in establishing irrevocable trusts that last into perpetuity outside your taxable estate (an all generations after you), funded with assets that may still be accessed and controlled by your generation. Dynastic trusts provide tax efficiency (estate tax free) and wealth transfer from day 1 regardless of tax law changes.


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A grantor retained annuity trust (GRAT) or an installment sale to a grantor trust can be useful in transmitting wealth in a tax-efficient way, and is, in some cases, superior to other estate planning options.

These are estate freeze techniques that capitalize on the mismatch between interest rates used to value transfers and the actual anticipated performance of the transferred asset.

Sales to grantor trusts and many GRATs also capitalize on the lack of symmetry between the income tax rules governing grantor trusts and the estate tax rules governing includibility in the gross estate.

Momentum has the capabilities to implement a fractionalization strategy as part of an estate plan.

The two primary benefits are 1) to "fractionalize" interests in property for the purpose of carrying out a gifting strategy and 2) to seek "discounts" on gifts made and on the transfer of a member's remaining interest in the LLC or asset at death.

These benefits of a LLC also reduce death taxes. Benefits of this strategy are reduced estate taxes and enhanced liquidity profile.

Establishing a private trust company allows a family to customize trustee services and change them over time to address a family’s evolving needs. A Private trust company is a family-owned enterprise that provides fiduciary, investment advisory, wealth management, and administrative services.

 Private trust companies offer the ability to establish long- term, multigenerational trustee arrangements in much the same manner as a corporate trustee does, but without the oversight and formality of a financial institution.

 


Private funds are “blind pools” under which passive investors make a commitment to invest a set amount of capital over time, entrusting the fund’s sponsor to source, acquire, manage and divest the fund’s investments.

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Charitable planning encompasses the utilization of vehicles that provide a financial benefit to a charitable organization, while benefiting the donor from a tax perspective.

  • Charitable LLC
  • CRT
  • FLIP CRUT
  • NIMCRUT
  • Shark-fin and Traditional CLAT
  • Donor Advised Funds
  • Private / Family Foundation