Michael Parets

Special Counsel

  • Education: Franklin and Marshall College, Philosophy B.A. • St John's University School of Law, J.D.
  • Admitted: State of New York, 2001
  • Languages spoken: Spanish
  • Year joined: 2011

Overview

Michael advises wealth owners and the financial institutions that serve them, including private banks, investment managers, trust companies, and family offices.

His practice is primarily focused on international aspects of US taxation and multi-jurisdictional succession planning. Michael also represents individuals and institutions on matters related to US tax compliance and and has been heavily involved in advising clients on the IRS Voluntary Disclosure programmes.

Publications and speaking engagements

  • Contributing Author, Tolley's Guide to International Succession Laws, (Bloomsbury Professional) 2001 - 2011.
  • Co-author, The Unintended Consequences of the HIRE Act: Impact on Offshore Financial Transactions, Journal of Taxation and Regulation of Financial Institutions, (Civic Research Institute) July/August 2010.
  • Co-author, FATCA: An Analysis, Journal of International Taxation, (Thomson Reuters) June 2010.
  • Presenter, Implications of FATCA (HIRE Act) on Trustees and Beneficiaries, LawInContext Webinar, 27 April 2010.
  • Presenter, Overview of the HIRE Act and FATCA, LawInContext Webinar, 12 April 2010.
  • Presenter, Wealth Owner 2.1: Adapting to Service the Needs of Wealth Owners with US Connections, Zürich, 25 February 2010.
  • Presenter, Wealth Owner 2.0: Understanding the Needs of Today's Wealth Owners, Zürich, 22 October 2009.
  • Presenter, Tax Planning for US-Bound Transfers of Wealth, Zürich, 26 February 2009.
  • Co-author, My Client Married an Alien: Ten Things Everyone Should Know About International Estate Planning, Probate and Property, (American Bar Association) March/April 2004.
  • Co-author, The Long Goodbye: Giving up US Citizenship or Residence, Private Wealth Management, (Campden) January 2004.
     

On a personal note

Michael loves to cook for his family and friends, often reminding them that past performance is no indication or guarantee of future results.