Tracey is the Global Head of Family Office & Private Client for KPMG International, a Tax partner in the firm’s Dallas/Fort Worth Tax practice, as well as the National Practice Leader for Family Enterprise in KPMG US. Tracey is a Tax partner in the firm’s Dallas/Fort Worth Tax practice and is the National Practice Leader for the firm’s Family Enterprise practice. He has more than 30 years of experience in tax and strategic planning for high net worth individuals, families, and their family offices.
Tracey is very knowledgeable on the unique issues facing ultra-high net worth families in today’s global dynamic financial environment. His experience in individual income, fiduciary income, estate, gift, and generation-skipping transfer taxes allows him to develop specialized solutions and strategies for his clients that meet both short-term and long-term goals and objectives. Some of Tracey’s specific experiences have included:
- Helping clients design and implement comprehensive estate plans, as well as add-on planning that complements existing estate plans
- Advising clients on how best to acquire, own, and operate private aircraft to increase the related potential income tax benefit
- Advising clients on how to achieve their philanthropic goals in the most income tax-efficient manner
- Advising clients on how to structure their family office in order to increase the income tax benefit
- Advising clients on how best to structure asset acquisitions in order to achieve short-term income tax and long-term estate planning goals and objectives
- Representing clients before the IRS during the examination of income, gift, and estate tax returns
- Facilitating family meetings.
Technical skills
- Individual income taxation
- Fiduciary income taxation
- Estate, gift, and generation-skipping transfer taxation
- Comprehensive estate and wealth transfer planning
- Family office issues
- Trust and estate administration
- Fiduciary accounting
Other activities
- Tracey is a member of the Communities Foundation of Texas Advisory Council.