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Private Wealth Services: Newsletter - November 2009

There has been considerable debate on Capitol Hill this year over the taxation of a Carried Interest in the context of a Private Equity Fund (PEF). At the same time, there has been public discussion of the role that the private equity industry will have in our economic recovery. In the realm of estate planning, PEF Principals possess unique opportunities to shift the performance of their interest in a PEF to future generations – potentially resulting in very significant estate tax savings. This article will review the basic PEF structure, describe the nature of a Principal’s interest in a PEF and indentify wealth transfer techniques that should be considered by a Principal.

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Holland & Knight Attorneys Nominated for ICABA's™ 'South Florida's 100 Most Accomplished Blacks' and 'Rising Stars'

Holland & Knight Attorneys Nominated for ICABA's™ 'South Florida's 100 Most Accomplished Blacks' and 'Rising Stars'

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Media Relations Contacts

Please direct media inquiries regarding Holland & Knight to one of the following Media Relations Contacts:

Aimee Steel

Phone 202.828.1895
Email aimee.steel@hklaw.com

Kate Barth

Phone 813.769.4335
Email kate.barth@hklaw.com

Olivia Martinez

Phone 305.349.2255
Email olivia.martinez@hklaw.com

Karen McBride

Phone 813.769.4344
Email karen.mcbride@hklaw.com

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Press Releases

Holland & Knight Attorney Rachel Blechman Elected Chair of the Florida Humanities Council Board
 

MIAMI – October 7, 2009 – Holland & Knight is pleased to announce that Rachel Blechman, a retired senior partner in the firm’s Miami office, was elected to Chair of the Florida Humanities Council (FHC) Board. The board serves as the governing body of the FHC and is comprised of 25 members, with six members appointed by the Governor.

Blechman was elected at FHC's September meeting by the organization’s Board of Directors to a two-year term as chair. Previously, she has served as vice chair. As chair, Blechman will preside as the executive officer of the board, and generally direct the board’s activities.

FHC is the state affiliate of the National Endowment for the Humanities and provides grants for public humanities programs and resources. It also creates and coordinates workshops for K-12 teachers, conducts cultural heritage tours, operates a humanities speakers bureau and partners with libraries to provide family literacy programs. FHC funding comes from the National Endowment for the Humanities and private donations.

Blechman, a 25-year member of the corporate department in the firm's Miami office, has worked with a variety of education and business clients, including public and private universities, education service providers, foundations, hospitals, banks, manufacturers, real estate companies and telecommunications providers. She is a former chair of the Board of Friends of WLRN public radio and television in Miami, and the immediate past president of the Funding Arts Network, a philanthropic giving circle that supports the arts in Miami Dade County through a competitive grant process.

Blechman currently serves on the Taskforce for the Visual and Performing Arts constituted by the Miami-Dade County Commission to examine ways to maximize the effective use of available resources to support a vibrant cultural life for the residents and visitors to Miami-Dade County. She is also a member of the Miami Planning Committee for the Lincoln Bicentennial Commission.

Contact:

Aimee Steel, Holland & Knight LLP (202) 828-1895 or aimee.steel@hklaw.com
Kate Barth, Holland & Knight LLP (813) 769-4335 or kate.barth@hklaw.com

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