Basics of Beneficiary Deemed Owner Trusts

Brent chats with Chris Siegle about Beneficiary Deemed Owner Trusts (BDOTs). They explain how these trusts work and what opportunities they present for planning. They also discuss the potential for future changes in the tax laws, what you might do to plan for those changes, and how BDOTs might fit into that picture.

Chris Siegle is a Managing Director and Senior Wealth Advisor in the Scottsdale, Arizona office of J.P. Morgan Private Bank. With his strong legal and tax background, he and his team provide successful individuals, families and organizations with creative strategies for investing, tax and estate planning, and family business succession issues. His focus on family circumstances and grantor intent adds depth to every conversation.

Chris’s advice on family dynamics, wealth preservation and individualized legal structures is sought throughout the West. He speaks and writes frequently on tax planning, charitable giving, investments and advanced estate planning strategies. He has presented to the Arizona State Bar Tax Section, the USC Tax Institute, the Maricopa County Bar Association, the Collier County Bar Association, Valley Estate Planners, Arizona Community Foundation, and he has appeared at numerous seminars and panels for professional groups.

Chris joined J.P. Morgan in 2010 after practicing law in Arizona for more than 13 years, during which he focused in trusts and estates, employee benefits and corporate transactions. His legal experience as a member of the State Bar of Arizona and the Maricopa Country Bar Association helps him collaborate with his client’s tax and legal advisors.

Chris earned his J.D. (with Honor), from the University of Tulsa College of Law, his M.S.S. from The United States Army War College, and an LL.M. from Villanova University School of Law. He received his A.B. from the University of Illinois at Urbana-Champaign. During his study at the University of Tulsa Law School, he was an articles editor for the Tulsa Law Journal.

Active in his community and imbued with a strong sense of responsibility and leadership, Chris is a Captain (retired) in the U.S. Navy, having served from 1990-2020. He is a member of the Professional Advisory Boards of the Arizona Community Foundation and the Catholic Community Foundation in Phoenix. He also devotes time to the Maricopa County Bar Association, Central Arizona Estate Planning Council and other professional organizations.

Chris can be found here Chris Siegle | J.P. Morgan Private Bank U.S. (jpmorgan.com)

This material is for informational purposes only. The views expressed are those of the speaker as of the date noted and not necessarily of the speaker’s firm or its affiliates.

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