Wealth Management

NATIONWIDE: An Introduction to Nationwide

Contributed by Katten Muchin Rosenman LLP Wealth management in the United States is an ongoing, ever-evolving practice. The complex problems confronting clients involve local, federal and international tax, estate planning, trust and estate administration, and dispute resolution laws and regulations. The wealth management process focuses on creating and implementing an integrated planning structure that will accomplish the client’s objectives in a tax-efficient and predictable manner, with sufficient flexibility to address unanticipated change. High net-worth individuals turn to professionals for unique, holistic solutions that respond to their personal and estate planning needs and family governance wishes.

Succession planning is a key component to wealth management for business owners and wealth creators. Moving beyond managerial succession, legal advice centers on restructuring business entities and other holdings in a manner that achieves efficient wealth transfer and cohesive management across generations.

The most pertinent developments in wealth management over the last 12 months include:

Same-Sex Marriage 

As of the start of 2015, there are 37 states, plus the District of Columbia, that permit same-sex marriage, with bans against same-sex marriage on appeal in eight more states.

Federal Estate, Generation-Skipping Transfer (GST) and Gift Tax Rates

For 2015, the federal estate and gift tax exclusion amount is $5.43 million. The maximum rate for estate, gift and GST taxes remains at 40%. 

Annual Gift Tax Exclusion 

The annual gift tax exemption amount remains at $14,000 per donee in 2015 and is at $28,000 for a married couple. Gifts made to noncitizen spouses are limited to a different annual gift tax exemption amount, which is $147,000 in 2015.

President’s Budget Proposal for Fiscal Year 2015

The President's budget proposal for fiscal year 2015 includes a number of wealth management-related items, the most relevant of which are summarized below.

Simplify and Limit Gift Tax Annual Exclusion for Present Interests

This proposal creates a new category of annual exclusion gifts that is subject to an annual limit of $50,000 per donor.

Required Minimum Distribution (RMD) Rules Applicable to Roth IRAs and Payments to Non-Spouse Beneficiaries of Inherited IRAs

This proposal requires most non-spouse beneficiaries of traditional and Roth IRAs to take distributions over no more than five years for taxpayers after age 70 and a half.

Sixty-Day Rollover for Inherited Retirement Benefits 

A new taxpayer-friendly proposal allows a non-spouse beneficiary to roll over distributions to an inherited IRA within 60 days, effective for distributions after 2014.

Eliminate RMDs for Qualified Plans and IRAs Less Than $100,000

Under the proposal, the minimum distribution rules would not apply if the aggregate value of the IRA or qualified plan does not exceed $100,000 (indexed for inflation).

Reduce Exclusion Amounts and Tax Rate 

This proposal provides for a permanent return of the estate, gift and GST tax regimes to their 2009 levels. This translates as a 45% top tax rate and maximum $3.5 million applicable exclusion amounts for estate and GST tax and $1 million for gift tax.

Change the Treatment of Intentionally Defective Grantor Trusts (IDGTs)

This proposal contains a provision that would significantly undermine the utility of IDGTs.

Require Consistency of Basis Valuation 

This proposal requires consistency in value for transfer and income tax purposes.

Impose New Requirements for Grantor Retained Annuity Trusts (GRATs)

This proposal adds three additional requirements that would be imposed on GRATs: (1) they must have a ten-year minimum term; (2) they must have a remainder interest greater than zero; and (3) the annuity amount cannot decrease in any year during the annuity term.

Limit the Duration of the GST Exemption Term—Applicable to Long-Term “Dynasty” Trusts

Under this proposal, the exclusion from the imposition of GST tax would last only 90 years for additions to pre-existing trusts and trusts created after the date of enactment, regardless of whether the trust has a longer duration.

It is impossible to say which, if any, of these proposals may ever be enacted, but it is important, in reviewing one’s planning options, to note which devices are on the President’s radar screen for change.

Planning Opportunities to Consider Immediately 

• Review and revise your estate plan to ensure it remains appropriate. 
• Consider trust income tax planning, now that estate tax exemptions are so high.
• Make gifts to take advantage of the increased applicable exclusion amount.
• Create grantor retained annuity trusts (GRATs) while hurdle rates are at historic lows.
• Make sales to “defective” grantor trusts while the applicable federal interest rates are at historic lows.
• Create charitable lead annuity trusts (CLATs) while hurdle rates are at historic lows.
• Gift residences or vacation homes using qualified personal residence trusts and other trusts while real estate valuations are depressed.
• Consider buyback of appreciated low basis assets from grantor trusts.
• Make intra-family loans, including to purchase life insurance, while interest rates are at historic lows.
• Consider creating or amending existing family limited partnerships consistent with the latest case law developments this year.
• Consider the use of life insurance for income and transfer tax mitigation.
• Consider charitable planning.

Offshore Voluntary Disclosure Initiative 

On June 18 2014, the IRS announced significant revisions both to the streamlined filing procedure and the 2012 Offshore Voluntary Disclosure Program (OVDP), both of which are applicable to US taxpayers who have unreported foreign accounts and who have failed to report income from such accounts. The good news is that both procedures remain attractive options under the right set of circumstances.

Foreign Account Tax Compliance Act of 2009 

On July 1 2014, FATCA withholdings began implementation.

Wealth Management - Nationwide


第一等 |

Basic facts about the department Key offices include Chicago, Los Angeles, New York and Silicon Valley.

What the team is known for Outstanding firm with a fantastic national coverage, offering depth and breadth across the Eastern, Central and Western regions. Excels in a range of complex domestic and international work such as grantor retained annuity trusts (GRATs), charitable foundations and generation-skipping trusts. Also notable for strong litigation capabilities in the areas of trusts, estates and guardianship.

Strengths (Quotes mainly from clients)

"They have an unusually broad experience and expertise in dealing with very complex and multidimensional issues." 

"MWE's attorneys are top-notch. We trust them to deliver consistently high-quality legal services in a variety of subject matters."

Work highlights Represented Karen Davidson, surviving spouse of William Davidson, in tax apportionment and tax charging proceedings concerning the division of a $1 billion estate.

Advised the owners of a closely-held business in the restaurant industry on the transfer of 40% of the company out of their estate and ongoing tax and succession planning.

Notable practitioners  

Carlyn McCaffrey is recognized by both clients and peers for her exceptional ability. Sources say: "She has a stellar reputation and is one of the leading minds" and extensively praise her "breadth of knowledge."

David Baker is recognized by peers as "one of the best estate litigators in the country." He represented Maria Kamberos as a trustee in a dispute concerning the ownership of a family business worth $40 million.

Henry Christensen has an excellent reputation for international estate planning work, both contentious and noncontentious. Sources respect his technical expertise and his knowledge of developments in the area.

Global head of the private client practice Carol Harrington is praised by peers as someone who is "very smart and articulate." Clients say she stands out for her "excellent judgment."

Jonathan Lurie is described by sources as "very bright and very client-focused." He works with individuals who have significant stakes in both public and private companies.

Peers describe David Herpe as a "thoughtful lawyer with good judgment." His practice includes estate administration and planning for high net worth individuals as well as succession issues for family-held businesses.

Richard Lang is recognized for his longstanding experience, with clients praising his "ability to remain calm, thoughtful and analytical when there is so much going on." He is active in both the Central and Western regions.

Clients say Julie Miraglia Kwon is "very proactive, practical and responsive." She advises wealthy individuals active in the technology and private equity sectors on estate planning matters such as GRATs as well as estate administration.  

Read Moore splits his time between Silicon Valley and Chicago and is especially praised by sources for his private companies expertise. Clients appreciate his ability to "come up with practical solutions to problems."

Amy Erenrich Heller handles a broad range of work, with a focus on international matters. She impresses peers who say "her knowledge base is incredible." 

Up-and-coming partner Nicole Pearl has experience of both domestic and international estate planning issues. Clients note she is "smart, quick and responsive."

Leigh-Alexandra Basha has recently joined the firm from Holland & Knight. Basha is highlighted for her international expertise, with clients saying: "She is well attuned to the complexities of cross-border planning." Her practice includes advising US citizens on their existing foundations and other structures created under foreign jurisdictions.

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Basic facts about the department Key offices include Charlottesville and Richmond.

What the team is known for Private client powerhouse with a deep bench operating out of Virginia. Highlighted for its expertise in a number of key areas including business succession, generation-skipping and fiduciary litigation. Also has particular experience working with charities and other nonprofit clients, with a dedicated group in this area.

Strengths (Quotes mainly from clients) 

"I can find expertise in many different areas within the firm. They can always find a specialist for me on whatever matter I am researching."

"They are proactive and what you get is very thorough." 

Notable practitioners  

Practice cochair Ronald Aucutt is highlighted for his "wonderful reputation" in the market. He has written and lectured extensively on a variety of wealth management issues.

Dennis Belcher is one of the most well-known names in the industry and is described by peers as a "superb lawyer" who is "very smart and very practical." He offers a wealth of experience assisting high net worth clients and family offices with complex estate and business succession planning.

Charles Fox is one of the cochairs of the firm's private wealth services group. His varied clientele includes wealthy individuals, family offices and charities.

John O'Grady's practice includes business succession issues, work with charitable foundations and fiduciary litigation. Clients say: "He has the capability to handle all of our legal needs and future planning needs in a timely fashion with flexibility, personal care and the needed expertise."  

Michele McKinnon leads the firm's nonprofit and tax-exempt organizations industry team and regularly works with private foundations, universities and charities. Clients note her experience in the area, saying "she definitely understands what we're working with."

Significant clients Kenneth M. Perry, Brenda Hopkins Eggleston, PNC Bank.

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Basic facts about the department Key offices include Chicago, Los Angeles, McLean, Miami and New York.

What the team is known for Highly regarded for its strong national coverage and breadth of expertise on both pre-mortem and post-mortem planning. Has a significant international practice and acts for clients emigrating from and immigrating to the USA. Also represents a range of families on limited partnership issues, business succession and multifamily offices.

Strengths (Quotes mainly from clients) 

"They are very forward-thinking. They think about the direction in which the legislation may move to allow us to do forward planning."

"Very prompt and very responsive." 

Notable practitioners  

Practice cochair Diana Zeydel represents clients in both domestic and international planning matters. She is highlighted for her excellent reputation among the profession and is described by sources as "very reasonable and very smart."

John Buttita recently joined the firm from Jenner & Block and brings significant business succession and GRATs expertise. Clients say: "Every time I have a question he is right on top of it and his answers are clear and succinct."

Lawrence Heller is well known for international estate planning, especially for wealthy foreign individuals domiciled or residing in the USA. He is based in Los Angeles.

Linda Hirschson's areas of expertise include estate administration and charitable foundations. She is described by sources as "very technically savvy."

Practice cochair Norman Benford is recognized for his extensive experience in the wealth management space. He has represented a range of family businesses, beneficiaries and fiduciaries.

Jonathan Forster is especially well known for his work in the life insurance space. He also advises clients on GRATs and multifamily offices and is praised for being "extremely responsive." 

第二等 |

Basic facts about the department
Key offices include Boston, Los Angeles, New York, Tampa and Tysons Corner.

What the team is known for Well respected for its experience representing clients from a broad range of backgrounds including family offices and domestic and foreign executives and investors. Notable for fiduciary litigation and complex estate administration as well as business succession and other planning issues. Extensive national network makes it well equipped to handle matters across the country.

Strengths (Quotes mainly from clients)

"They do good cross-border work and have specialties in many different areas."

"They have a truly national practice." 

Work highlights Represented Wallace Bock, as executor, in a dispute concerning the division of Huguette Clark's estate.

Acted for an executive on the transfer of assets into a dynasty trust.

Notable practitioners  

Bruce Ross has an excellent reputation for his contentious practice and leads the firm's private wealth services dispute resolution team. He has particular expertise representing fiduciaries. 

Practice head Edward Koren works with business owners from a range of backgrounds. Sources say he "has an extremely high level of expertise and is a good communicator." 

John Dadakis's clientele includes executives, family offices and investors. He leads the team in New York and has significant experience in both planning and administration matters.

David Scott Sloan is well known for his business succession work and his areas of expertise include GRATs and partnerships. Clients praise his practicality and problem-solving skills.

Significant clients Mickey Rooney, San Diego Opera, Estate of George Steinbrenner, Bonnie and Marla Schaeffer. 

第二等 |

Basic facts about the department Key offices include Chicago, Los Angeles and New York.

What the team is known for Widely recognized for its expertise in international estate planning, in addition to its strong domestic practice. Has an excellent track record in estate administration and related disputes. Also handles a range of planning work, including charitable gifts and real estate investment structuring.  

Strengths (Quotes mainly from clients)

"Prompt and detailed advice delivered in a commercial and savvy manner."

"Have an international practice and also do a lot of work nationally."

Notable practitioners  

Practice head Joshua Rubenstein is a popular choice among clients for "complicated multijurisdictional trust and tax work." Sources say: "He is a pragmatic technician and will cut to the chase."

Carol Johnston is praised by peers as someone who is "knowledgeable and works well with others." Her practice includes estate administration as well as planning for individuals who wish to transfer wealth to both family members and charities.

Significant clients Francis Newton Souza, Stephen Floersheimer, Vladimir Horowitz, Kurt Weill, Igor Stravinsky.

第二等 |

Basic facts about the department Key offices include Los Angeles, New York and Washington, DC.

What the team is known for Well placed to meet a wide variety of clients' needs with highly-regarded teams on both the East and West Coasts as well as a significant international offering. Notable trust litigation capabilities in addition to a strong noncontentious practice that advises on charitable gifts, foreign assets and partnerships. Offers expertise in a number of niche areas including life insurance and art law.

Strengths (Quotes mainly from clients)

"Very thorough and very flexible." 

Work highlights Counsel to Kathryn Crosby, widow of Bing Crosby, in proceedings concerning who had the power to exercise Bing Crosby's right of publicity.

Advised the Royal National Theatre of London on securing exemption from federal tax as a foreign charity.

Notable practitioners  

Clients say Leah Bishop is "very smart and her level of service is outstanding." She is highly respected for her work in the charity space, which includes philanthropic gifts and charity governance, as well as estate planning.

Paul Frimmer is lauded by peers as "one of the smartest guys out there." His areas of expertise include art law and charitable foundations work.

Jonathan Rikoon is especially noted for his work in the private equity space. His practice encompasses partnership and GRATs issues, as well as other estate planning matters. Clients say he is "technically superb and highly responsive."

Stuart Tobisman handles administrations, planning and audit work for his varied clientele. He is highlighted by peers for his extensive experience in the market.

Sources say Mary Ann Mancini is "very good technically and great in front of clients." She is renowned in the life insurance space and her practice also includes audits, GRATs and cross-border planning.

Up-and-comer Rachel Harris is developing an "excellent reputation" among peers for her international work. She represents foreign citizens on pre-residency planning as well as US citizens on their foreign assets and exit taxes. 

第二等 |

Basic facts about the department Key office is New York.

What the team is known for Compact team highly regarded by clients and peers alike for its deep knowledge and efficiency. Advises wealthy individuals from a range of backgrounds on all aspects of their estate planning, including the formation of philanthropic institutions. Also noted for its expertise in the administration of high-value estates in addition to post-mortem planning.

Strengths (Quotes mainly from clients)

"Very knowledgeable about tax laws. They give us a heads-up about possible changes and make them easy to understand."

"They have the industry experience, are very pragmatic and are good communicators."

Work highlights Advised the New York Public Administrator on matters arising from the administration of Huguette Clark's $300 million estate.

Notable practitioners  

Department head Georgiana Slade is described by peers as "very smart and thoughtful." Clients are also full of praise, appreciating her "extremely good judgment, efficiency and proactivity."

David Stoll is praised by sources as someone who is "dedicated to his clients, calm under pressure and very smart." He acts for business owners, investors and executives on a range of planning issues, including charitable giving.

Significant clients Rockefeller family, Brown Brothers Harriman, JPMorgan Chase Bank, Museum of Modern Art, Donald Tyson.

第二等 |

Basic facts about the department Key office is New York.

What the team is known for Excellent team with a strong national reputation operating out of New York. Advises wealthy individuals and families on planning issues such as charitable giving and business succession. Also recognized for its strength in estate administration and representing fiduciaries in litigation.

Strengths (Quotes mainly from clients) 

"They are very hands-on. There is a lot of follow-up and all details are organized and taken care of."

"They go above and beyond in providing really relevant solutions."

Notable practitioners  

The "technically savvy" Alan Halperin cochairs the practice. Clients enjoy working with him, commenting: "He's so thoughtful and intelligent and uses normal language rather than legalese." 

Clients say practice cochair Loretta Ippolito stands out for her "ability to formulate sophisticated strategies and follow through on execution." She assists high net worth individuals with a range of planning issues, including philanthropy.  

第二等 |

Basic facts about the department Key offices include Boca Raton, Los Angeles and New York.

What the team is known for Widely commended for the breadth of its capabilities, including planning, conservatorship, administration and probate issues. Has extensive experience representing entrepreneurs, in particular, and is able to offer clients a broad range of structures. Also notable for its contentious practice, handling family settlements as well as fiduciary litigation.  

Strengths (Quotes mainly from clients) 

"Among the most sophisticated trust and estate attorneys." 

"Their work is outstanding and they are leaders in the community."

Work highlights Acted for John Frankel on the structuring of his personal holdings and a number of private investment funds.

Assisted a family with ensuring its international estate complies with the Foreign Account Tax Compliance Act (FATCA).

Notable practitioners  

The "extraordinarily smart" Andrew Katzenstein's broad practice includes planning, administration and conservatorship issues. He represented Julie Kasem in conservatorship proceedings concerning the right to make medical decisions for her father, Casey Kasem.

Department co-head David Pratt has experience of both contentious and noncontentious matters. He is described by sources as "a terrific lawyer, available to his clients and easy to reach out to." 

Sources say Jay Waxenberg is "very good at explaining things in a way clients understand." He cochairs the practice and is highly sought-after for estate planning and administration.

Significant clients Bessemer, BNY Mellon, Estate of Keith Haring, Estate of Leonard Bernstein, George Balanchine Trust.

Band 3 | Day Pitney LLP

第三等 |

Basic facts about the department Key offices include Boston and New York.

What the team is known for Especially good reputation for international trust and estate planning, including pre-immigration planning, FATCA and expatriation of investments for foreign families and individuals. Also provide a range of trust and estate services for domestic clients, as well as acting as co-trustees.

Strengths (Quotes mainly from clients)

"Very good in laying out what the options are for clients in a way that's easy to understand."

"Extraordinarily client-oriented. They do very tailored work for clients."

Notable practitioners  

Practice cochair Warren Whitaker is well known for international tax planning and frequently represents foreign families and individuals. Clients describe him as "very thorough and very client-oriented."

Peers recognize Dina Kapur Sanna as a "great international planning practitioner." Other sources say: "She is very smart and very knowledgeable and helps the client come to a good solution."

Leiha Macauley is a popular choice among clients as a co-trustee. Sources say she is "very smart, knows the details and also sees the big picture."

第三等 |

Basic facts about the department Key offices include New York, Silicon Valley and Washington, DC.

What the team is known for Well regarded for providing a range of estate planning and administration services to clients, in addition to solid litigation capabilities. Especially notable for business succession planning, particularly in relation to real estate.  

Strengths (Quotes mainly from clients) 

"Very knowledgeable about wealth management and combine that with good client service."

Notable practitioners  

The "fantastic" Ellen Harrison is praised by peers for her in-depth trust and estate knowledge. She has vast experience of both estate planning and administration for high net worth clients.

Jennifer Jordan McCall is sought after for business succession issues and also acts as a trustee for clients. She leads the firm's estates, trusts and tax planning group from Silicon Valley.

第三等 |

Basic facts about the department Key offices include Chicago, New York and San Francisco.

What the team is known for Highlighted for its significant presence across the country, making it a strong choice for nationwide matters. Has the breadth to handle a variety of estate planning issues for clients including private foundations and business succession.

Strengths (Quotes mainly from clients)

"Addressed all the potential issues early on and communicated clearly with us in an understandable fashion."

Notable practitioners  

Thomas Abendroth leads the department from Chicago and is praised by clients for his bedside manner. Peers say "he is certainly a very fine lawyer."

Peers praise David Hodgman's ability to work on large estate planning matters. Other sources say: "He can understand a problem very quickly and is conscientious and fair." 

第三等 |

Basic facts about the department Key offices include Chicago, New York and San Francisco.

What the team is known for Great firm representing a variety of trustees, nonprofit institutions and wealthy individuals in planning and administration work. A popular choice for cross-border matters such as pre-immigration planning, disclosure and Passive Foreign Investment Companies (PFICs) and is backed by a powerful international network.

Strengths (Quotes mainly from clients)

"Skilled practitioners who are engaged in developments in the area."

Notable practitioners  

Sources describe Susan Bart as "a skilled advocate for her clients' best interests." She has expertise in both international and domestic planning as well as fiduciary issues. 

Practice chair Jordan Klein handles estate administration, including disclosures, as well as planning. Sources say: "His greatest strength is his ability to connect with different kinds of clients - people who know nothing as well as those who know some of the more technical nuances." 

第三等 |

Basic facts about the department Key offices include New York.

What the team is known for Very strong reputation for international work with experts and offices across multiple jurisdictions. Regularly handles cross-border issues including FATCA and restructuring investments as well as litigation. Also acts for a number of charities, family offices and principals on domestic trust and estate planning.

Strengths (Quotes mainly from clients)

"Has a truly international private client practice. Understands a lot of different cultures and applies that to problem-solving."

Notable practitioners  

Clients praise James Black's "very good turnaround time and attention to detail." He leads the department from New York and handles both planning and administration for clients. 

Charles Dowling is recognized for both his domestic and multijurisdictional estate planning experience. Sources say: "He is very focused on protecting his clients' interests."

第三等 |

Basic facts about the department Key offices include New Haven, New York and San Francisco.

What the team is known for Can access a powerful international network to provide a broad range of cross-border planning and contentious services, with particular strength in Latin America. Strengths include IRS negotiations, pre-emigration planning and structuring of foreign trusts for immigrants. Represents a number of entrepreneurs, investors and wealthy family offices.  

Strengths (Quotes mainly from clients) 

"They are tuned into what's out there. We feel we don't miss a beat because of these guys."

"Very knowledgeable about their field, extremely easy to work with and follow up often and thoroughly." 

Notable practitioners  

Louis Mezzullo is described by peers as "one of the top people on the West Coast." He provides domestic planning services to wealthy individuals and families from a range of backgrounds.

Ivan Sacks assists foreign nationals with the structuring of US investments and is especially highlighted for his expertise in the Latin American market. Peers are complimentary of both his technical skills and client service. 

Global wealth planning practice cochair James Brockway is well known for cross-border planning, including offshore trusts. "He is a genius and comes up with excellent ideas," said one client.

David Stein is recommended by peers for his international practice, which includes pre-IPO and pre-emigration planning. Clients describe him as a "smart, tactful and responsive" practitioner.

第四等 |

Basic facts about the department Key office is Washington, DC.

What the team is known for Handles both domestic and international work, with areas of expertise including private foundations, charitable giving, PFICs and GRATs. Has significant experience in IRS negotiations and settlements for principals and also undertakes a range of contentious matters for fiduciaries. 

Strengths (Quotes mainly from clients) 

"Their experience, knowledge of the law and responsiveness is very good."

Work highlights Represented Chevy Chase Trust in proceedings initiated by beneficiaries attempting to remove it as a trustee of two trusts.

Notable practitioners  

Beth Shapiro Kaufman's clients highlight her as "extremely bright and knowledgeable and also very accommodating." She has experience in grantor trusts and charitable giving and cochairs the practice.

Anne O'Brien is recognized for the breadth of her practice which includes litigation as well as domestic and cross-border planning. She has experience in grantor trusts, PFICs and private foundations.

Practice cochair Michael Pfeifer is singled out as a "go-to person for international work" and assists both immigrants and expatriates with private foundations and executive benefits. His practice includes IRS settlements and compliance issues.

第四等 |

Basic facts about the department Key offices include Chicago.

What the team is known for Provides ongoing support to wealthy individuals with a wide variety of their estate planning needs, including private foundations. A popular choice among fund principals given the firm's exceptional reputation in the private equity space.

Notable practitioners  

Peers highlight David Handler for his "outstanding work in the field." Clients extensively praise his performance, saying: "He is excellent, I couldn't ask for more. He is a timely, articulate and very cooperative person." 

第四等 |

Basic facts about the department Key offices include Chicago.

What the team is known for Has experience of a range of structures including GRATs and partnerships which it uses when undertaking both multijurisdictional and domestic planning for individuals and families. Well known in the charities space and advises wealthy clients on philanthropy as well as assisting charities with their operations and disputes.

Strengths (Quotes mainly from clients)

"Technically very good and I find their service to be top-notch in terms of speed of response and responsiveness."

Notable practitioners  

Department head Donna Morgan's practice includes philanthropy as well as domestic and cross-border wealth transfers to successive generations. Among her clientele are investors and family business owners.

Significant clients The Poetry Foundation.

第四等 |

Basic facts about the department Key offices include Boston.

What the team is known for Good reputation in private equity and represents a number of fund principals in ongoing planning work. Has particular expertise in the charitable space, structuring donations for philanthropists as well as acting for a number of well-recognized nonprofit organizations. Also recommended by clients for international matters, including the expatriation of domestic trusts and the restructuring of foreign ones.

Strengths (Quotes mainly from clients) 

"I always get really good advice - informative and educational in every area."

"Has a collaborative approach with different departments within the firm."

Work highlights Advised Harvard University on matters relating to a number of donations, including their negotiation and implementation.

Notable practitioners  

Clients say Marc Bloostein "is very knowledgeable on estate planning, always communicates very well and always gets back with quick responses." He advises a range of private equity principals and family offices on partnership agreements and charitable giving.

Department head Martin Hall is well respected by peers as a "leading expert in charitable work," and represents both philanthropists and nonprofit organizations. He also advises wealthy individuals on cross-border planning issues such as expatriation of trusts.  

Significant clients Welsh, Carson, Anderson & Stowe, State Street Global Advisors.

Other Ranked Lawyers 其他上榜律师

Thomas Richardson of Arnold & Porter LLP leads the team from DC. He advised on both contentious and noncontentious matters arising from the administration of Frank Pearl's estate. Clients say he is a "very thoughtful lawyer with a great demeanor."

Stephen Dyer of Baker Botts LLP's Houston office handles planning and administration for his clients, who say: "He is one of the smartest lawyers that I've done business with and understands quickly what we're trying to do." Other sources describe him as "responsive and extremely intelligent."

John Porter of Baker Botts LLP's Houston Office is described by sources as "one of the most preeminent tax litigators in the US." Clients say: "He knows how to frame issues and knows the IRS inside and out."

Edward Beckwith of Baker & Hostetler LLP's DC office provides ongoing advice to wealthy families on planning techniques such as private foundations. He is also active in the non-profit arena and clients praise him for striking a "healthy balance between technical expertise and pragmatism."

St. Louis-based Lawrence Brody of Bryan Cave LLP handles estate planning for his clients and is especially well known in the life insurance space. He has written and lectured extensively on a number of issues pertaining to wealth management.

Praised by sources for his international work, Kurt Rademacher of Butler Snow LLP is based in Jackson, Mississippi and additionally spends time in the firm's London office. His practice also includes representing domestic clients on US federal tax minimization.  

Robert Lawrence of Cadwalader, Wickersham & Taft LLP's New York office has an excellent reputation among peers for cross-border planning. Sources say: "He has the ability to make clients feel very comfortable with him and he is incredibly knowledgeable."

In New York, Michael Frankel of Carter Ledyard & Milburn LLP cochairs the firm's trusts and estate department and is recognized for his international administration and planning work. Peers note his extensive experience and the notable work he attracts, saying: "He has a wonderful practice - I have a lot of respect for him."

San Francisco-based Myron Sugarman leads Cooley LLP's estate planning and personal representation practice. Clients highlight him for his "ability to give advice rather than legal answers."

Peers say New York-based Daniel Mosley of Cravath, Swaine & Moore LLP "is a delight to work with and very smart." He handles income and estate tax planning for his high-end clientele.

Seattle-based Malcolm Moore of Davis Wright Tremaine LLP has an "excellent reputation among peers," sources say. His practice includes private foundations and charitable giving as well as inter-vivos and testamentary transfers to successive generations.  

New York-based Lauren Detzel of Dean, Mead, Egerton, Bloodworth, Capouano & Bozarth PA leads the estate and succession planning department. She is recognized for her technical expertise as well as her contribution to the community through her committee work. 

Pam Schneider of Gadsden Schneider & Woodward LLP in Radnor, Pennsylvania is recognized for her outstanding contribution to the wealth management community. She has lectured widely on a number of planning issues.

Gary Freidman of Greenfield Stein & Senior LLP is based in New York and is a popular choice for high-value trust and estate litigation. "He does a fine job of representing his clients," sources comment.

Louis Harrison of Harrison & Held in Chicago is lauded by peers as "a very respected thinker and very committed to the practice area." He assists clients with the transfer of wealth to future generations and to charities.

Lauren Wolven of Horwood Marcus & Berk Chartered in Chicago is recognized among peers as an up-and-coming individual in estate administration and planning. Sources admire her intelligence as well as her contribution to developments in the law.  

Arlene Harris of Kaye Scholer LLP is based in New York and is highlighted for her broad practice. She handles a wide range of planning and administration matters and is especially praised for her trust and estate litigation capabilities. 

DC-based Donald Kozusko of Kozusko Harris Vetter Wareh LLP is praised by both domestic and international sources for the complex multijurisdictional work he undertakes. He is well versed in a wide variety of planning structures and has a good reputation for charitable giving work.  

Clients say Cheryl Hader of Kramer Levin Naftalis & Frankel LLP's New York office "is smart and works quickly." Her practice includes administration and probate as well as planning.

New York-based John Novogrod of Kramer Levin Naftalis & Frankel LLP is recognized for his significant experience representing family offices and high net worth individuals. Clients say: "He is a very sensitive lawyer, very well-spoken and available."

Charlotte-based Neill McBryde of Moore & Van Allen, PLLC is highlighted for his longstanding experience representing family businesses and wealthy individuals in their estate planning needs. Peers described him as a "well known and very smart lawyer."

The "terrific" Gideon Rothschild of Moses & Singer LLP leads the team from New York. Sources say he stands out for his protection planning expertise.

Lawrence Richman of Neal, Gerber & Eisenberg LLP in Chicago has expertise in debt restructuring, private foundations and multi-generational trusts. Sources praise both his technical ability and relationships with clients, saying: "He makes his clients' problems his problems. And then he solves them."

New York-based William Zabel of Schulte Roth & Zabel LLP is the leader of the firm's individual client services practice. He is greatly admired for his experience and is described as "a legend" in estate planning.

New York-based Jones Perry leads Shearman & Sterling LLP's private client practice and "enjoys a very good reputation" among peers. His practice includes representing wealthy individuals and families on multijurisdictional estate planning.

Adam Streisand of Sheppard, Mullin, Richter & Hampton LLP has an excellent reputation for his litigation practice. He represents trustees in a range of disputes concerning estates of high net worth individuals.

New York-based Laura Twomey chairs Simpson Thacher & Bartlett LLP's personal planning practice. She represents a range of family businesses and wealthy individuals and her practice includes charitable giving, succession planning and life insurance. Sources say: "She is very knowledgeable and responsive, highly intelligent and a pleasure to work with."

Charles Redd of Stinson Leonard Street LLP's St. Louis office enjoys a broad practice which includes estate administration and planning such as decanting trusts. He is also praised by clients for his litigation capabilities, who note: "He masterfully communicates his client's intentions to the court and the opposing counsel." 

Nikola Djuric of Sutherland Asbill & Brennan LLP is well known for his wide conservatorship, administration and probate practice. He cochairs the firm's practice from Atlanta and clients say: "He has an incredibly quick intellect and is very responsive and timely."

Douglas Siegler of Sutherland Asbill & Brennan LLP handles audits and disputes with the IRS for clients and has expertise in gift tax issues. He is also praised by sources for his international planning experience in areas including pre-immigration planning. Clients say: "He is very responsive and his documents are extremely well-drafted." He cochairs the practice from DC.

St. Louis-based Lawrence Katzenstein of Thompson Coburn LLP enjoys a "national reputation for his work and the quality of his expertise." Clients are complimentary of the service he provides, one saying: "He responds very quickly when I have a question for him."

New York-based Michael Kavoukjian of White & Case LLP chairs the firm's global private clients group and has extensive experience representing beneficiaries and fiduciaries in litigation. Sources say: "He listens to what clients are saying so that he truly understands what they are trying to achieve. He listens to each member of the family and crafts solutions that work for everyone."

Winthrop Rutherfurd of White & Case LLP is well known in the areas of estate administration and planning. His areas of expertise include charitable giving. He is based in the firm's New York office.

David McCabe leads Willkie Farr & Gallagher LLP's private clients group from New York. He has a good reputation among his peers, who say he is "well qualified, responsive, has good judgment and is a pleasure to work with." Clients are also impressed, commenting: "He is an outstanding communicator - his thinking is easy to follow and very sophisticated."  

Foreign Experts

Foreign Experts are individuals with expertise in a different jurisdiction to the one they are based in. These individuals are particularly highly regarded for international and cross-border work. Usually, they will be identified in the jurisdiction in which they are based and in their country of expertise.

Senior Statesman

A 'Senior Statesman' is a lawyer who no longer works hands-on with the same intensity but who, by virtue of close links with major clients, remains pivotal to the firm’s success.

Eminent Practitioners

'Eminent Practitioners' are highly influential lawyers in a particular practice area who, due to managerial or client relationship commitments, are less active in day-to-day work but remain key players in the team.

Other Noted Practitioners

Other Noted Practitioners are individuals who have not yet been ranked but are seen to be active and accomplished in this area of law.

Other Noted Firms

Other Noted Firms are firms that have not yet been ranked but are seen to be active and accomplished in this area of law.