MARCH 2017

Anne Marie Towle Provides Commentary on Proposed Tax Changes to Private Asset Management

Athena Capital Advisors’ Anne Marie Towle explained how proposed changes to U.S. tax policy may impact family offices and UHNW clients in a recent article published in Private Asset Management.

The article, “Awash with uncertainty, advisers scramble to prepare for potential tax overhaul,” was published on March 3. In it, reporter Katherine Goh explored how various advisers are preparing – or not preparing – for the potential changes and highlighted the challenges faced by both clients and their advisers. Towle highlighted the overwhelming uncertainty surrounding the proposals, even among those in politics. Additionally, Towle noted that proposals to overhaul aspects of the tax code are often proposed by new administrations.

Given the uncertainty over the specifics around the anticipated tax reform, Towle commented: “It’s difficult to say [which proposals will pass] even at this point, as within the Republican Party there are vastly different views.”

The full article is available to Private Asset Management subscribers here.

Anne Marie Towle, Managing Partner, Private Client Services and Wealth Strategies, is an experienced estate planning attorney and trustee, who advises Athena clients on the use of estate, gift and generation-skipping transfer tax planning to preserve and maximize wealth. She acts as a liaison with clients’ other outside advisors with respect to the development, implementation and ongoing oversight of sophisticated estate planning and charitable giving vehicles.