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Trusts

A mildly cubist rendering of a hand with a coin, a hand with a heart and an artwork on an easel

Why Some Collectors Sell Their Artworks Through Trusts

A charitable remainder unitrust provides art collectors looking to sell with a stream of income and a smaller tax burden than they would face if they sold a work outright.
By Daniel Grant
John and Jenica Paulson dressed up for event, posing for camera

Investor John Paulson Seeks to Dismiss His Wife’s Billion Dollar Lawsuit Over Secret Trusts

John Paulson, who made his fortune betting against the housing crisis, is embroiled in a lawsuit with his wife over allegedly hiding away billions of dollars in trusts.
By Alexandra Tremayne-Pengelly

Privacy Will Cost You: Co-op and Condo Tax Abatement To Be Taken Away From LLCs and Trusts

During the past decade, it has become increasingly popular for  home buyers—particularly those with bold-faced names—to shield their identities with
By Kim Velsey

810 Fifth and Taxes: Felix Rohatyn Gives Co-op, $11.25 M. to Family Trust

By Matt Chaban
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