Tax Issues for Family Offices: Structuring Options, Income Tax Planning, Allocations, Investments

Mr. Gross is the chair of Kleinberg Kaplan’s Tax Department and has been advising fund clients and other clients at the firm since 1993. He provides advice on federal, state, local and international tax issues concerning hedge funds, private equity funds and real estate funds, in addition to other myriad tax issues confronting business entities and individuals. Mr. Gross counsels clients on structuring and restructuring funds; structuring investment managers and general partners; compensating managers and employees; investing in funds; and seeding, buying and selling management entities. He also advises clients on planning and structuring securities transactions, foreign investment in U.S. real estate, acquisitions and dispositions of assets, nonqualified deferred compensation, Puerto Rico tax planning, ERISA matters, and numerous other tax issues.

Mr. Thomas is an associate in the Trusts & Estates Group. He received a J.D. from Harvard Law School and a B.A., summa cum laude, from Tulane University, and is currently a part-time student in the LLM in Taxation program at New York University School of Law.

Mr. Tobey’s tax career began with an introductory tax course at Western Michigan University’s Haworth School of Business taught by Dr. Kathleen Sinning. After graduating WMU, he started a practice in Chicago with a predecessor to one of the Big Four. Mr. Tobey has worked in the industry as an income tax director of publicly held companies, at mid-sized CPA firms, and owned his own firm. His areas of technical expertise are digital asset taxation, pass-through entities, and tax matters associated with ultra-high and high net worth families and individuals. Mr. Tobey works with operating companies, hedge, venture, real estate, and private equity funds.