Family Office Tax Webinar Series: SALT on the Wound: Navigating State and Local Taxation of Modern Trusts - McDermott Will & Emery

Family Office Tax Webinar Series: SALT on the Wound: Navigating State and Local Taxation of Modern Trusts


Taxes can have a significant impact on family offices, influencing decisions around structure, investing and overall planning strategies. McDermott’s Family Office Tax webinar series explores the latest trends and guidance on tax planning for family offices and identifies opportunities to optimize tax efficiency.

In our second webinar in the series, we explore how various states impose taxes on nongrantor trusts, taking into account recent case law and constitutional developments.

Discussion topics include:

  • Implications of these recent rules on private trust companies
  • The increasingly complex trust structures of wealthy families
  • Factors to consider in situsing new trusts, including the trust purposes and the location of the settlor and beneficiaries
  • Mechanisms to move existing trusts to favorable jurisdictions

More in our Family Office Tax Webinar series:
View the recording from our first webinar in the Family Office Tax Webinar Series on Compensation Strategies, which takes covered the legal, tax and administrative considerations a family office faces when creating incentive and deferred compensation plans for employees.

Minimum continuing legal education (MCLE) credit is pending in California, Illinois and New York. Continuing Professional Education (CPE) credit is also pending. A Multi-Jurisdiction Certificate of Attendance will be made available to participants requesting MCLE/CPE credit in all other jurisdictions, depending upon that state’s rules. To be eligible to earn a CLE/CPE certificate, you must attend the entire program. Credit for partial attendance will not be provided.

Dig Deeper

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Chicago, IL / McDermott Event / May 14 – 15, 2024

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Las Vegas, Nevada / Speaking Engagements / April 29 – May 1, 2024

2024 Nevada Trust Conference

Houston, TX / Speaking Engagements / May 14, 2024

TEI Houston Chapter 2024 Tax School

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