Fieldpoint insights give our clients a periodic, in-depth view on issues affecting wealth, business and life.
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…
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.
Assessing the dynamics behind the banking crisis and Fieldpoint Private’s current stance. The circumstances that have driven Silicon Valley Bank and Signature Bank into the hands of regulators, while creating angina among the clients of numerous other banks, are still very much on the minds of private and institutional clients…
Dear Clients, With the recent market disruptions and uncertainty, many have expressed concerns about the safety of their funds held at their banks, including Fieldpoint Private. I’m writing to assure you that, unambiguously, the circumstances we are seeing as associated with the banks highlighted in the media do not resemble…
Life insurance premium financing is not for everyone… but it may be for you Simply put, life insurance premium financing is a strategy where instead of using their own capital to pay the premiums, policyholders borrow the cost of the initial life insurance premiums from a lender. With sufficient collateral…
A Practical Guide to Leverage Their Benefits and Avoid Potential Pitfalls 1031 Exchanges – A Primer 1031 exchanges are a powerful tool. For the savvy real estate investor, a 1031 exchange can reduce risk and increase diversification. In short, the investor can redeploy assets into other types/classes of real estate…
Fieldpoint is honored to be recognized by Global Finance for the second year in a row as one of the world’s best private banks in 2023. We are heartened that the investments we have made have fueled our 40% growth this year – with a particular emphasis on serving entrepreneurs…
First-of-its-kind platform provides full suite of private banking offerings to independent advisory community GREENWICH, CT – December 7, 2022 – Fieldpoint Private announces the launch of Fieldpoint Private Advisor Banking Services, a boutique private banking solution for select RIAs and their clients. This platform enables independent registered investment advisor (RIA)…
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…
Those who have earned wealth through real estate will tell you it comes hard fought and is won deal by deal, zoning board by zoning board, tenant by tenant. Ultimately, as the net worth accumulates, it is likely to be highly concentrated in this single asset class – and you…
The closer you get to the goal, the more concentrated the risk. Consider these concrete financial strategies to pave a path to the end zone.
Signs seem to be pointing towards a marked decrease in economic activity across the board. What, if anything, can sentiment indexes tell us about what to expect in the months ahead?