Estate Planning for Fund Principals

How is the shifting financial landscape affecting estate planning and wealth transfer between generations?

In this captivating episode of the Capital Club podcast, host Brian engages with Anthony Venette, Director of Business Valuation & Advisory at DeJoy & Co. Anthony brings to the table his expertise in estate planning and business valuation, particularly focusing on optimizing gift and estate tax strategies for business owners. As the financial world grapples with demographic shifts and changing tax laws, Anthony sheds light on the critical intersection of income tax, estate tax, and business valuation, offering valuable insights into strategic wealth transfer across generations.

[00:01 - 08:33] Introducing Anthony Venette

• Anthony's role in business valuation and estate planning
• The demographic shift impacting business and wealth transfer
• The importance of understanding the nexus between generations in estate planning

[08:34 - 16:01] Navigating the Estate Tax Landscape

• Upcoming changes in tax exemption and their impact
• Strategies for optimizing gift and estate tax planning
• The importance of proactive planning in estate management

[16:02 - 24:20] Advanced Estate Planning Techniques

• The use of carried interest in estate planning
• Differences between European and American waterfall structures in funds
• The strategic benefits of early planning in estate tax optimization

[24:21 - 32:12] The Role of Family Offices in Estate Planning

• How family offices can enhance wealth transfer strategies
• The significance of closely held business discounts and appreciation in estate planning
• The impact of legal structures on wealth management

[32:13 - 38:07] Carried Interest and Derivative Sales

• In-depth exploration of carried interest and its role in estate planning
• Understanding the vertical slice rule and carried interest derivative sales
• The need for expert guidance in complex estate planning scenarios

Key Notes:

"We sit at the nexus point between generations, facilitating that handshake from baby boomers to Gen X and millennials." - Anthony Venette

"Estate planning isn't just about the numbers; it's about establishing and preserving legacy." -Anthony Venette

Connect with Anthony!

Website: https://www.teamdejoy.com/contact-us 

LinkedIn: https://www.linkedin.com/in/anthonyvenettecpaabv/ 

This episode is sponsored by Mack International, a specialized executive search and human capital consulting firm serving the family office/wealth management markets. Please visit their website here for more information.

Connect with me:

https://www.linkedin.com/in/brian-c-adams/  (LinkedIn)

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