Frank D. Paolini, a partner in the Private Wealth practice group, was quoted in the article “The Ultra-Wealthy Are Increasingly Focusing on Dynastic Wealth,” recently published in Financial Advisor Magazine. The article explores how a large percentage of ultra-wealthy families are structuring their wealth to ensure their grandchildren have a financially secure life.
“All wealthy families are interested in legally paying fewer taxes. When it comes to the very wealthy who are interested in family dynasties, my job is to use all the tools available and use them creatively to insulate the family fortune from tax authorities. The good news is that for these families there are many ways we can address their tax concerns,” Paolini said.
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