Media Mentions
2007
Neil Kawashima was quoted in the December 17 issue of Crain’s Chicago Business about how banking institutions that cater to high net worth families are discovering that helping clients give money away helps the banks, too. "It's the good old-fashioned profit motive," Mr. Kawashima said.
Neil T. Kawashima, Private Client
2006
Neil Kawashima was quoted in the September 13 issue of The New York Times about how directors and trustees of the nation's top art museums are preparing a major lobbying effort to reverse a federal tax provision approved last month that they say will significantly harm their ability to acquire new artworks. Under the new changes, there could be significant estate tax penalties if donors make fractional gifts and then die while the work is still in their possession. Mr. Kawashima commented that as a result, some lawyers are now advising clients to stop giving fractional donations. "You can't predict when you'll die or how much the painting will appreciate, so my advice would be, don't do it," said Mr. Kawashima.