Fine Art and Collectables: Charitable and Estate Planning Strategies
How collectors integrate art and collectibles into charitable giving and estate planning while navigating complex tax rules.
Deepfakes: Deception in the New Age
You’ve likely heard about Artificial Intelligence (AI) and how it’s transforming industries by improving efficiency, reducing errors and enabling smarter operations. But while AI can bring many benefits, it also poses new risks, especially when used maliciously. One such threat is the rise of “Deepfakes” – highly convincing fake audio,…
Eighteen Months After
Assessing the Dynamics Behind the 2023-2024 Banking Crisis and Fieldpoint Private’s Stance in the Aftermath
The circumstances that drove Silicon Valley Bank, Signature Bank and First Republic Bank into the hands of regulators are still on the minds of private and institutional clients across the country.
Introducing Create!
It is with great pride and purpose that we introduce you to create! by Fieldpoint Private. create! is an initiative to deliver banking products and services customized for the unique needs of creators living and working in the communities served by Fieldpoint Private. Its mission is to help entrepreneurs turn…
Never Conflate a Client with a Customer
Fieldpoint Private has zero customers. It never has. Never will. This, despite deep relationships with hundreds of families and the advisors they trust most, along with their philanthropic and business enterprises across America. Zero. How can that be? It’s about language and the philosophies it reveals. Stick with me. Virtually…
Check Washing Schemes Are on the Rise
In today’s digital age, scams and other criminal behavior seem to garner additional news headlines every day, making careful stewardship of your digital financial security of the utmost importance. While many individuals and businesses have embraced electronic payment methods, it’s important to remember that physical checks still remain a significant…
Estate Says It Lacked Liquidity To Pay Taxes Without Loans
As appeared in “Tax Notes Today Federal,” April 16, 2023, by Erin McManus. The estate of a widow of a regional bank founder is challenging a $5.47 million estate tax deficiency arising from alleged additional unreported lifetime gifts and understated valuations, and from disallowed interest on loans to pay expenses. Carolyn…
The Benefits of a Corporate Trustee
When we think of a trustee, we think of an individual who is literally in a position of trust – this usually refers to someone managing property, authority or responsibility on behalf of others. Serving as a trustee carries with it a fiduciary obligation that may, in addition to a meaningful commitment of time, also require investment, accounting and legal expertise.
Nick Bertha Shares Key Insights on Trust Planning with Family Wealth Report
Fieldpoint Private’s Nick Bertha, President of Fieldpoint Trust provides insights and actionable strategies families might want to consider in a new article for Family Wealth Report. Bertha notes that some of the most powerful trust planning techniques are often overlooked or misunderstood by those who can benefit from them the…
Whitepaper: Phishing, Hacking, Data Breaches and Other Nuisances of Modern Life That Need Not Afflict You.
It is an unfortunate reality of modern life that we are all just a click away from our own personal online armageddons. However, by following just a handful of simple tips you can protect yourself from the vast majority of malicious attempts that might otherwise compromise your personal information, and…
Tax Alert: Here We Go Again?
As readers of these Tax Alerts are aware, many tax proposals and “scares” emanate from Washington which cause much consternation, sometimes prophylactic, proactive tax planning, and yet in the end do not come to fruition. The current poster child being last year’s tax law legislation that continues to flounder on…
State of Change: Changing Your Domicile to Another State
Changing your domicile to another state may cut your taxes, but the state you leave may not let it go so easily.