Publications
Your watch collection is probably worth more than you think — and your estate plan doesn’t know it exists
Luxury watches have become serious assets. Treating them accordingly does not diminish their personal meaning—it preserves it. A Short Planning Checklist for Watch Collectors provides the following questions and a practical starting point for collectors and advisors, tax and estate planning professionals. Liquidity planning must be intentional, not reactive. You may find that what started as rewarding yourself with a Submariner or Royal Oak has likely evolved into something more substantial.
Critical Planning Questions For UHNW Owners Of Family Firm, Fine Art, And Collectibles
When the One Big Beautiful Bill Act (OBBBA) was enacted into law. For ultra-high net worth families holding closely held businesses, significant art collections, or valuable collectibles, this legislation created both unprecedented opportunities and new compliance complexities.There are essential questions that owners of family enterprises, fine art, and collectibles should be raising with their professional advisory teams in 2026 and beyond.Your professional advisors should be as much risk managers as technical planners – and the questions you ask them will determine whether your wealth transfer strategy is built to last.
How New Trust Laws Are Leaving Wealthy Families Unprotected
A new generation of trusts where beneficiaries may never learn of their interests, trustees face minimal liability for mismanagement, and family businesses can be gutted without legal recourse. These aren’t hypothetical risks—they’re features explicitly authorized by state law.
The erosion of fiduciary duties represents a critical moment for trust law and family wealth planning. Whether this moment leads to the collapse of trust as a meaningful legal instrument or to the evolution of more sophisticated, resilient governance structures will depend on the choices made by settlors, trustees, beneficiaries, and policymakers in the coming years.
60th Annual Heckerling Institute on Estate Planning
The Heckerling Institute provides specialized professional education dedicated exclusively to the legal and tax aspects of estate planning. Educational topics include Planning with Trusts, Recent Developments, Business and Financial Assets, Litigation, Charitable Giving, Elder Law, Ethics, International Planning, Technology, and Fundamentals of theUniform Conflict of Laws in Trusts and Estates Act and the Restatement (Third) of Conflict of Laws.