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Review of Reviews:“The Law of High-Wealth Exceptionalism,” 71 Ala. L. Rev. __ (forthcoming 2020)Review of Reviews:“The Law of High-Wealth Exceptionalism,” 71 Ala. L. Rev. __ (forthcoming 2020)

Allison Anna Tait, associate professor of law at University of Richmond School of Law in Richmond, Va.

Patricia M. Angus, Founder & CEO

October 24, 2019

10 Min Read
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The oft-quoted (and frequently misquoted) lines by F. Scott Fitzgerald, “Let me tell you about the very rich. They are different from you and me,”1 provide context for an important thought-provoking article by Professor Allison Anna Tait, “The Law of High-Wealth Exceptionalism.” Just as the quotation is often followed by Ernest Hemingway’s purported (but not confirmed) reply, “Yes, they have more money,” this article attempts to draw some simple conclusions about a very complex—and extremely important—topic. Prof. Tait takes on an issue that should be top of everyone’s mind: the rising inequality and concurrent separation of the world’s richest families (the 1% in common parlance, or more accurately the .001 percent) from the rest of soc...

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About the Author

Patricia M. Angus

Founder & CEO, Angus Advisory Group LLC

http://www.angusadvisorygroup.com/

Patricia Angus, JD, MIA, TEP, is Founder and CEO of Angus Advisory Group LLC, and an Adjunct Professor at Columbia University. A recognized thought leader in multi-generational family governance and wealth, she has advised families with businesses, trusts, and charitable foundations for more than two decades. 

 

Ms. Angus helps clients navigate some of life's most complex issues, through critical analysis, strategic planning, and compassionate guidance. She practiced law at trusts and estates boutique Hughes and Whitaker (now Day Pitney) and Coudert Brothers international law firm (now Baker & McKenzie).  She served as Principal and Chief Wealth Advisory Officer of Shelterwood Financial Services LLC and Family Wealth Advisor at GenSpring and JP Morgan Private Bank. 

 

Ms. Angus launched the Family Enterprise and Wealth MBA course at Columbia Business School, and writes the "Building Bridges" column on www.wealthmanagement.com. She is a member of the Carter Center Planned Giving Advisory Council and the Editorial Advisory Board of Trusts & Estates.  She served on the New York Women's Foundation Allocations Committee and Citizens Committee for Children of New York's Advocacy Council. She has written numerous articles on topics including family wealth, businesses, trusts, estate planning, philanthropy, and women's issues, and frequently speaks at industry and family events. Ms. Angus has been named one of the Top 50 Women in Wealth Management by Wealth Manager, a Rising Star by Private Asset Management, and twice named in the Top 100 North American Wealth Advisers by City Wealth.  She received a B.A. cum laude from Amherst College, a Masters in International Affairs from Columbia University School of International and Public Affairs, and a J.D. from George Washington University Law School.