Katten Muchin Rosenman
Katten Muchin Rosenman LLP advises clients regarding tax-advantaged structuring of business entities, including C corporations, S corporations, limited liability companies, limited partnerships, trusts, foundations and hybrid-type entities. They integrate estate and trust planning into the overall business enterprise, including a determination of the optimal taxation for income and for estate, gift and generation-skipping tax purposes.
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New York is home to the highest concentration of billionaires in the world with 94, according to analyst GlobalData WealthInsight, drawn by the city’s rich lifestyle offering for families. It goes without saying that it’s also home to some of the top wealth management and private client professionals. Recent trends mean that the need to know the right advisors both sides of the pond is ever more important. Significantly, the US is not participating in common reporting standards (CRS), a standard for the automatic exchange of financial account information developed by the OECD, as a result advisors in the US report a growing number of clients moving assets out of Europe into the USA.
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