For high net worth individuals, including entrepreneurs, executives, celebrities and athletes, amassing and retaining wealth will always be important objectives.
Our private client attorneys provide personal attention marked by a focus on issues and services common to this group of clients. We work to anticipate and solve matters of concern, while delivering integrated personal and business planning solutions.
At Pryor Cashman, some of the most crucial matters we handle are the ones that impact our clients’ families, homes, personal well-being and financial security. We devote the same measure of attention to counseling clients through life-changing events such as births, deaths, marriages and divorces as we do when structuring a multimillion-dollar corporate transaction or litigating a high-stakes commercial case.
What We Do
Our Private Client Group offers guidance to high-net-worth individuals and their families on their businesses, the preservation of wealth, commercial and residential real estate purchases, philanthropic matters, trust and estate planning, tax and immigration matters. Our lawyers are exceedingly proficient in their individual disciplines and work together to provide full-service, 360-degree advice for day-to-day issues, as well as long-term investment, and estate and succession planning, including:
- Purchasing a home or buying and selling property
- Developing an estate plan, preparing a will or establishing a trust
- Forming a business or structuring investment vehicles
- Negotiating a prenuptial or postnuptial agreement
- Litigating a divorce or mediating an intra-family dispute
- Minimizing tax liability
- Acquiring and insuring valuable and unique assets, such as fine art, aircraft or luxury boats
- Negotiating an employment agreement
There are occasions when clients require representation in a government investigation, become involved in an employment dispute, or need to respond to an attack on their reputation, privacy, brand or intellectual property. In these instances, our seasoned litigators tenaciously defend our clients’ personal and business interests.
Wealth Management
From structuring investment vehicles to income tax planning and charitable giving, our attorneys have substantial experience advising celebrities, athletes, executives and entrepreneurs on managing their affairs both in the U.S. and abroad. To help clients achieve their financial goals, we structure and supervise family business and investment entities, intergenerational wealth transfers, private trusts and investment partnerships, all with an eye on reducing or eliminating estate, gift and generation-skipping transfer taxes and avoiding fraudulent conveyances. As proactive advisors, we help clients protect their business assets from creditors through the proper use of sophisticated domestic and offshore asset-protection strategies and vehicles.
Family Law
Our highly regarded Family Law Group is adept at negotiating the terms of difficult prenuptial or separation agreements, mediating sensitive custody disputes, litigating divorces, dissecting complex financial issues, and negotiating and drafting marital and cohabitation agreements. Our goal is always to protect our clients’ best interests while striving to conclude agreements wisely, expeditiously and with as little tension as possible.
Residential Real Estate
Attorneys in our preeminent Real Estate Group advise on the acquisition, sale, leasing and financing of exclusive residential properties valued in the tens of millions of dollars. At the state and local levels, our tax attorneys have successfully represented clients in New York State residence and domicile disputes.
Tax
Our Tax Group touches on nearly every aspect of our private client services, from estate and succession planning to real estate deals to structuring new ventures. By applying our experience managing tax matters for individuals to our understanding of commercial, corporate and real estate law, we excel in the role of general business and family counsel. In addition to advising on daily business concerns, we assist clients in utilizing the flexibility and tax advantages of partnerships, limited liability companies and other pass-through vehicles to achieve business and investment objectives.
Trusts and Estates
Our Trusts & Estates practice helps develop customized estate and wealth transfer plans, coordinating our clients’ wishes with optimal estate, gift and income tax planning. Working with the client’s financial advisors and fiduciaries, we provide comprehensive services for probate, estate settlement and trust administration.
Immigration
Immigration status can have a far-ranging and costly impact on an individual’s career, dependents, and ability to work and travel abroad. The lawyers in our Immigration Group develop innovative, custom-tailored approaches for artists, athletes, executives and entrepreneurs - both from the United States and abroad - doing business internationally.
