In “US Wealth Trends 2022” published by Citywealth magazine, Partner Stephanie Moll Kriegel shared her insights on the use of SPACs as a wealth transfer option.
“SPACs have been a hot topic for the past couple of years,” confirms Stephanie Moll Kriegel, Partner at Harrison & Held. “Many US clients have also been making gifts of their business interests, either in trust or outright, prior to the closing of the SPAC transaction, wanting to transfer wealth to their beneficiaries before the (hopefully) increasing value of their interests after they become publicly traded.”
To read more about SPACs, digital and non-digital trends, crypto-investments, data privacy, and other wealth management options, click here to read the full article on Citywealth.