Glenn G. Fox

Biography

Glenn G. Fox is a partner in Baker McKenzie's North America Wealth Management and Tax Practice Groups; he is the Chair of the New York Tax Group; and he is a member of the Firm’s Global Tax Wealth Management Steering Committee. Glenn is a domestic and international tax, estate planning, and tax-exempt (charitable) organizations lawyer with vast experience working with closely held businesses, family offices, and charitable organizations from the US and overseas. Glenn is a member of the American College of Trust and Estate Counsel, the Society of Trust and Estate Practitioners and the International Academy of Estate and Trust Law and is ranked Band 2 in Chambers Private Wealth Law.

Practice Focus

Glenn's wealth management practice focuses on the use of sophisticated wills, trusts, closely held entities, tax-exempt (charitable) entities and non-charitable purpose trusts to enable clients to bequeath and gift assets with the imposition of the least amount of transfer and income taxes. He has significant experience in dealing with closely held business interests, retirement assets, foreign assets, foreign trusts and US and international tax exempt organizations. He represents domestic and foreign clients with worldwide assets in succession, estate, trust, tax and tax exempt/not-for-profit organization matters. Glenn's tax-exempt/not-for-profit practice includes all elements of establishing and operating US and non-US charitable organizations that do business in the US and abroad.

Representative Legal Matters

Represents non-US entrepreneurs establishing US business ties with their treaty based US income tax and estate tax planning.
Represents major publicly traded US multinational fashion company with respect to its corporate philanthropy via various US private charitable foundations.
Represents European-based founders of software and healthcare companies on US pre-immigration personal tax planning and US philanthropic planning via foreign charitable foundations.
Represents European privately held multinational consumer products company with US charitable foundation operations.
Represents major publicly traded US company with the establishment of a non-charitable purpose trust structure.
Represents New Jersey-based family owning interests in closely held Asia-based multinational company on international tax and estate planning.
Represents multiple generations of US-based family owning multinational manufacturing company on estate and philanthropic planning that includes charitable foundations and social welfare organizations.
Assists various charitable foundations with international ties for the purpose of establishing public charity branches in the United States.
Represents royal family from Europe with respect to the restructuring of various US trusts that date back to the 1920s for gift tax planning.
Advises the heirs of a pharmaceutical manufacturing company in a significant family trust matter.
Represents family with significant New York real estate holdings on estate and succession planning.
Represents Florida-based family with significant business and real estate holdings in the US and Latin America with trust, succession and charitable planning
Advises founder of highly successful New Jersey-based telecommunications company on succession and estate planning.
Guided the formation of a public environmental charity.
Represented a university involved in a large estate litigation.

Professional Honors

Ranked Band 2, Chambers Private Wealth Law
Who's Who Legal, Private Client Global Leader
New York Super Lawyer, New York Times
Recommended Lawyer, Legal 500 US
US News Best Lawyers, Trusts & Estates
UJA Lawyers Division Trusts & Estates Group 30th Annual Event Honoree, 2021

Professional Associations and Memberships

American College of Trust and Estate Counsel – Downstate New York State Chair; past FATF Task Force co-Chair
Society of Trust and Estate Practitioners – Past co-chair, New York Chapter
New York State Bar Association International Section – Past Section Chair & House of Delegates Member; International Section Executive Committee Member
UJA-Federation of New York Trusts and Estates Group – Member
International Academy of Estate and Trust Law – Member
New York City Bar Association – Member

Admissions

District of Columbia~United States (1992)
New York~United States (1991)
Connecticut~United States (1991)
New Jersey~United States (1990)

Education

New York University (LL.M. Taxation) (1994)
Albany Law School (J.D., cum laude) (1990)
Cornell University (B.A.) (1987)

Co-Author and Speaker, "In Depth Discussion of Estate Tax Treaties," STEP/NYSBA 20th Annual International Estate Planning Institute, New York, New York, March 2025
Author and Speaker, "The Corporate Transparency Act – Current Compliance Requirements," NYU School of Professional Studies 83rd Institute on Federal Taxation, New York, New York, November 2024
Co-Author and Speaker, "A Deep Dive into the Corporate Transparency Act and its Impact on Corporate Trustees," Delaware Trust Conference, Wilmington, Delaware, October 2024
Co-Author and Speaker, "The Corporate Transparency Act," ACTEC ALI-CLE Webinar, July 2024 and January 2023
Co-Author and Speaker, "Lawyers as Gatekeepers – Ethical Considerations," STEP/NYSBA 19th Annual International Estate Planning Institute, New York, New York, March 2024
Co-Author and Speaker, "Foreign Trust Taxation," 58th Annual Heckerling Institute on Estate Planning, University of Miami School of Law, Orlando, Florida, January 2024
Author and Speaker, "Corporate Transparency Act – What it Means for You," STEP LATAM Conference, Bogota, Colombia, September 2023

Co-Author and Speaker, "Corporate Transparency Act – Nowhere Left to Run, Nowhere Left to Hide," Delaware Trust Conference, Wilmington, Delaware, October 2023 and American Bankers Association Conference, Phoenix, Arizona, May 2023
Co-Author and Speaker, "Hide and Seek with the Corporate Transparency Act – What Could Possibly Go Wrong?," American Bar Association, November 2022, Delaware Trust Conference, Wilmington, Delaware, October 2022, ACTEC Annual Meeting, March 2022
Co-author, "Joining the Global Community in the Fight Against Financial Secrecy: Congress Enacts the Corporate Transparency Act to Mandate Beneficial Ownership Reporting in the United States," ACTEC Law Journal, Fall 2022
Co-author, "The Estate Tax Should Not Apply to Domestic Stock Owned by NRAs," Quinnipiac Probate Law Journal, Volume 34, Issue 2, 2021
Co-author, "The IRS's Interim Guidance on Section 4960 Leaves Corporate Philanthropists Wondering About the Feasibility and Cost of Compliance," Corporate Taxation, November/December 2019
Panel Chair and Speaker, "Asian/North American Estate Planning for the Coming Decade," NYSBA International Section Global Conference, Tokyo, November 2019
Panel Chair and Speaker, "US-Canadian Estate Planning," NYSBA International Section Montreal Meeting, October 2018
Speaker, "US Tax Reform," STEP Israel Conference, Tel Aviv, Israel, June 2018
Panel Chair and Speaker, "International Estate Planning," NYSBA International Section Guatemala Meeting, October 2017
Speaker, "Charitable Planning," American Bar Association Skills Training Program, New York Law School, July 2017
Speaker, "US-Israel Cross Border Wealth and Tax Planning," STEP Israel Conference, Tel Aviv, Israel, June 2017
Co-author, "U.S. International Trust Reporting and Planning," NYSBA International Law Practicum, Vol 29, No. 1, 2016
Co-author, "Impact on Business Valuations of Lapsed Rights and Restrictions on Liquidation of an Interest: Is this the End of Valuation Discounting as we Know it? - Section 2704 Proposed Regulations Released," Baker & McKenzie Alert, August 2016
Panel Chair and Speaker, "Hot Federal and New York Issues in Estate Planning," New York City Bar, 10 November 2016
Speaker at HSBC conference on family business succession planning, 3 November 2016
Speaker, "US-Cross Border Estate Planning," Iranian-American Bar Association, 2 November 2016
Panel Chair and Speaker, "Common Reporting Standards for Trustees, Family Offices and Protectors," NYSBA International Section Paris Meeting, 21 October 2016
Speaker, "US-Israel cross border wealth and tax planning," STEP Israel Conference, Tel Aviv, Israel, 16 June 2016
Speaker, "US Expatriation Tax Regime," Israel Bar Association, Tel Aviv, Israel, 14 June 2016
Speaker, "Worldwide Charitable Planning," New York State Bar Association International Section Sao Paulo, Brazil Meeting, October 2015
Speaker, "Cross-Border Estate Planning," PKF International Tax Meeting, October 2015
Speaker, "US Offshore Voluntary Disclosure Program," Israel Chapter of Society of Trust and Estate Practitioners, June 2015
Speaker, "US Pre-Immigration Planning for Germans," NY Chapter of Society of Trust and Estate Practitioners, November 2014
Chair and Speaker, "Living With the New NYS Estate, Gift & Trust Income Tax Provisions," New York City Bar Conference, October 2014
Chair and Speaker, "Trusts in Civil Law Jurisdictions," New York State Bar Association International Section Vienna, Austria Meeting, October 2014
Speaker, "US Offshore Voluntary Disclosure Program," NY Chapter of Society of Trust and Estate Practitioners, August 2014
Speaker, "US Cross Border Wealth Transfer Planning," Israel Chapter of Society of Trust and Estate Practitioners, June 2014
Chair and Speaker, "Global Wealth Transfer Planning – A comparison," New York State Bar Association International Section Hanoi, Viet Nam Meeting, October 2013  Co-Author, "FATCA and Non-U.S. Trusts and Trust Structures—Compliance Options Exist," Journal of Taxation, August 2013