Family Office

Estate, Philanthropy & Legacy Planning




Estate, Philanthropy & Legacy Planning


Estate, charitable, and wealth transfer guidance

For many high-net-worth families, age accelerates the need to carefully manage and safeguard their wealth. Planning estate succession is complicated, with tremendous repercussions for you, your family, your business, charitable organizations you choose to support and tax entities.

We have decades of experience developing wealth transfer plans and strategies to ensure your directives are met, your legacy is protected and your gift and estate tax liability are mitigated within the parameters of evolving taxation rules and regulations.

Charitable and philanthropic planning

Reid helps our clients fulfill their philanthropic desires by planning for the tax benefits for their charitable giving — a key component of income, estate, gift, and trust planning.

We will assist in:

  • Donor-advised fund
    This is similar to a charitable investment account, for the sole purpose of supporting chosen charitable organizations. Contributing cash, securities or other assets to a donor-advised fund at a public charity generally qualifies you for an immediate tax deduction that can then be invested for tax-free growth, and you can recommend grants to virtually any IRS-qualified public charity.

    You want your charitable donations to be as effective as possible. Donor-advised funds are the fastest-growing charitable giving vehicle in the U.S. because they are one of the easiest and most tax-advantageous ways to give to charity.

  • Private foundation
    This organization is typically established by an individual, family, or corporation to support charitable activities. A board of directors or trustees oversee a private foundation and is responsible for receiving contributions, managing and investing assets, and making grants to other charitable organizations. It is also responsible for filing tax returns and other administrative reporting requirements.
  • Optimizing available income tax benefits
    We integrate income tax benefits with estate, gift and generation-skipping transfer tax planning by: 

    • Designing charitable gifts to fit our clients’ overall objectives, including an outright gift versus deferred gift considerations
    • Selecting the right vehicle, such as a trust, public or private foundation, or donor-advised fund
    • Creating private charities and other exempt organizations
    • Assisting in selecting the appropriate assets to fund a charitable entity, including appreciated property, works of art and other collectibles, life insurance policies and limited partnership interests
    • Documenting and substantiating charitable gifts, including assistance in special valuation issues and qualified appraisal requirements
    • Representation before IRS on examinations of charitable giving issues

Trusted and transparent management of your finances

Like the investments they hold, affluent individuals and families are diverse. We help all types of high-net-worth clients coordinate their finances, protect capital, plan for the future, and simplify their lives so they can enjoy their wealth with peace of mind.

Our full-service, results-driven family office provides objective advisement, expert financial oversight, and best-in-class service so you have the confidence that your monetary affairs are in safe and reliable hands.

Business ownership and transition

While family businesses confront the same issues as businesses operating under different structures, these pressures can have greater long-term consequences in an owner-managed enterprise. A critical concern is preserving and developing the business for future generations.

Often, the business is the family’s most highly valued asset and makes up the majority of the family’s net worth. Reid provides strategic planning, tax consultation, valuation, and transition services, in addition to back-office administration services, for business owners in all phases of growth, regardless of industry, location, business structure, or long-term goals.

Family Office Services:

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