“Renat V. Lumpau” (12)
Depending on which candidate wins office, the 2020 presidential election may radically alter the tax landscape for high net worth individuals.
Our Wealth Management Group describes a new Massachusetts law that allows Massachusetts-based clients to sign and notarize their estate planning documents remotely during the pandemic and highlights three common planning techniques that are especially effective in the current market environment.
Several provisions of the new COVID-19 relief legislation signed on Friday, known as the CARES Act, will be useful for high net worth clients. Choate’s Wealth Management Group describes two of the most relevant CARES Act provisions, as well as three pre-existing planning techniques that are even more attractive in the current environment.
U.S. Treasury Secretary Steve Mnuchin announced this week that the federal government will allow taxpayers to defer income tax filings and payments for up to 90 days in order to help mitigate the economic challenges caused by the coronavirus outbreak. Our Wealth Management Group attorneys provide important guidance on what this may mean for your filings.
On December 20, 2019, President Trump signed into law the bipartisan Setting Every Community Up for Retirement Enhancement (SECURE) Act. Most of the Act’s provisions became effective January 1, 2020, and impact retirement plans, 529 plan accounts, and the so-called “Kiddie Tax.”
Choate represented Great Hill Partners, a leading growth-oriented private equity firm, in its definitive cross-border agreement to sell its controlling interest in portfolio company Ascenty, LLC, the largest provider of data center and fiber infrastructure services in Brazil, to Digital Realty (NYSE: DLR). The transaction values the company at over $1.8 billion.
Four Choate attorneys – Mark DeFeo, Renat Lumpau, John Rearick, and Anita Spieth – have been named counsel at the Firm, effective May 1, 2017.