Crown Global Insurance Group LLC (“Crown Global” or the “Company”), a world leading provider of specialty insurance solutions for high net worth and institutional clients, today announced that its chairman and CEO Perry Lerner will deliver the keynote presentation at the next STEP New York luncheon seminar on April 27th entitled Offshore Deferred Compensation: 2017 & Beyond.
STEP is the global professional association for practitioners who specialize in family inheritance and succession planning. STEP New York is their largest and fastest growing branch in the US. This highly regarded organization works to improve public understanding of the issues families face and promotes education and high professional standards among its members. STEP members help families plan for their futures, from drafting a will to advising on issues concerning international families, protection of the vulnerable, family businesses and philanthropic giving.
“2017 is a significant year for US investment managers of offshore funds. All amounts presently held in deferred compensation plans for these managers will become taxable this year,” said Perry Lerner. “In my keynote at STEP New York I will describe how managers are dealing with these impending liabilities, and provide insights as they plan for the future.”