Coventry Edwards-Pitt, Managing Director at Ballentine Partners, was quoted in a recent article in The New York Times: “Wealthy Hesitate to Take a Break on Estate Taxes”. The article discussing the issues and decisions wealthy families may face with the recent gift-tax legislation.
“Everyone is trying to capitalize on this two-year window because there is this ‘use it or lose it’ mentality and a need to plan wisely,” said Coventry Edwards-Pitt, senior wealth adviser at Ballentine Partners. “But the ideal answer from a tax mitigation standpoint is probably different from what most families can handle.”
