Overview
McDermott brought together more than 250 family office executives to connect and exchange ideas at our annual Family Office Symposium in New York City from May 15 – 17, 2023. This invitation-only event featured interactive presentations, breakout sessions and peer panel discussions covering the most pressing issues facing family offices.
Discussion topics included:
- Current tax and regulatory developments impacting family offices
- Trends in family office compensation and structures
- Challenges of making and administering charitable gifts at death
- Recent developments and litigation trends related to a general federal wealth tax
- Preparing for the reporting requirements under the Corporate Transparency Act (CTA)
- Planning for the rollback of estate, gift and generation-skipping transfer (GST) tax exemptions
- Impact of the IRS Strategic Operating Plan on family offices
- Moderated peer panel discussions on family office and Private Trust Company operations and investment trends
