Gal N. Kaufman is highly experienced in the full range of private wealth services matters, including sophisticated tax analysis and planning; structured management arrangements for families, family businesses and family offices; and fiduciary and tax controversies. Mr. Kaufman also is well-versed in advising on issues related to captive insurance.
Representation of Business Owners and High-Net-Worth Families.
Mr. Kaufman has extensive experience representing business owners, with a special emphasis on tax-efficient strategies that enhance the ability of the business owner to maintain the business within the family; or if a sale of the business is the ultimate goal, strategies that maximize the after-tax proceeds to the business owner and the business owner’s family. Mr. Kaufman also is well-versed in representing high-net- worth families and the varied legal and tax needs of such families.
International Estate Planning.
In the international realm, Mr. Kaufman advises clients outside the
U.S. with respect to pre-immigration planning, as well as representing U.S.-based clients with assets both inside and outside the U.S.
Captive Insurance Companies.
Mr. Kaufman represents captive management companies, including the country’s largest “microcaptive” manager; captive insurance companies; and the owners of captives. He also advises business owners, their companies and captive insurance companies, handling all of the tax and legal aspects of the formation and administration of captive insurance companies, as well as exit strategies.
Representation of Fiduciaries in Dispute Resolution.
Mr. Kaufman assists corporate fiduciaries in potential disputes with the beneficiaries of trusts, with the primary goal of obtaining a resolution favorable to his clients while avoiding litigation whenever possible.
Family Office Services.
Mr. Kaufman works extensively with family offices to assist in the advising and the administration of complex plans for clients. He helps coordinate the valuable efforts of the clients’ other advisors, including CPAs, financial advisors and insurance professionals. He also has experience leading the succession of the family hierarchy from generation to generation.
Prenuptial and Postnuptial Agreements, and Tax Planning in Connection with Divorce.
Mr. Kaufman advises clients on the tax, legal and practical aspects of prenuptial and postnuptial agreements. Many of the clients he advises in this regard are business owners and/or members of high net worth families.