Richard M. Goldstein

I combine sophisticated income tax and estate-planning techniques that many other attorneys do not commonly use. For example, through preferred partnership interests I can provide for the tax-efficient transfer of wealth from one generation to the next. For my foreign clients, I regularly make use of treaty countries to minimize taxable gain for their investments in U.S. real estate and other types of businesses. I also establish certain types of trusts for foreign individuals to avoid U.S. estate taxes for their U.S. descendants. 

Over the years I have become a trusted advisor and a close personal friend with many of my clients. They have turned to me throughout their careers as they began as entrepreneurs and then grew their business empires. For example, one client I started out doing estate planning for, I had to restructure his entire company during the downturn to deal with income tax, estate planning, wealth preservation, and corporate governance issues. Since the economy has recovered, we are moving forward with numerous real estate developments including planning for the start of an entire new town. Another client I have worked with on numerous ventures, from starting a technology fund in Israel to restructuring his technology and real estate holdings.

They worry about the liability that can come from personal guarantees. To address this, I incorporate the concept of wealth preservation into everything I do. This provides the added benefit of protecting clients and their family members from banks, other family members, and other third parties.