We begin the new year with some additions to our editorial advisory board, in our efforts to provide coverage on all the topics that affect your practices. As it becomes increasingly common for estate planners to help clients with foreign assets or who live abroad, we thought it would be useful to create an International Practice Committee to focus on these global issues. Barbara R. Hauser, who was our contributing editor for international issues, will now chair this committee. The committee members are Dina Kapur Sanna and Rachel Harris. Dina is a partner in the Individual Clients Department of Day Pitney LLP in New York. She practices in the area of U.S. federal tax planning for high-net-worth individuals with property interests and/or heirs in more than one country. Rachel is a partner at Loeb & Loeb LLP in Los Angeles. She counsels clients in connection with all aspects of domestic and international estate planning. We know that they’ll be able to help you effectively navigate through the complex international estate-planning environment.
In addition, our Family Businesses Committee has lost one member, but gained a new one. William O. Cranshaw has stepped down, and Patricia Angus will join the committee. Patricia is the founder and CEO of Angus Advisory Group LLC, a philanthropy and family governance consulting and educational firm in Washington, D.C. and New York. Her name may sound familiar because she’s been writing a monthly “Building Bridges” column on our website.
As is our custom for the January issue, experts from the different committees of our editorial advisory board offer their takes on what’s happened in 2012 and where we’re headed for 2013. We’ve also included a special article in which three experts, Michael O. Hartz, Thomas G. Opferman and Charles (Clary) A. Redd, answer four questions on how the recent election results will affect estate planning. And, rounding out the issue, Mark Merric and Daniel G. Worthington give us the low down on domestic asset protection trusts.