the nobility (the Second Estate), and everyone else (The Third Estate). The First and Second Estates owned most of the land and were lightly taxed; the Third owned little and was heavily taxed.

Most estate plans are motivated by tax planning ... Understanding and sharing the “why” behind the planning can help avoid the third-generation curse by removing the fear of the unknown ...

Velleley joined Third Avenue in 2020 when the firm added the Rems International Real Estate strategy to its platform—now dubbed Third Avenue International Real Estate Value. His deep expertise ...