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Senior Trusts Specialist
2 months ago
Fawkes IDM is seeking a highly skilled and experienced Trusts and Estates Attorney to join our team as a Senior Trusts Specialist. In this role, you will be responsible for advising fiduciaries on the design and implementation of new trusts, as well as the modernization and consolidation of existing trusts.
Key Responsibilities- Trust Design and Implementation: Advise fiduciaries on the design and implementation of new trusts, ensuring compliance with complex rules surrounding investments, accounting, taxes, and compliance.
- Trust Administration: Independently run post-mortem trust administrations, expertly advising fiduciaries to keep them ahead of milestones, avoiding pitfalls and surprises, and efficiently shepherding distribution to assets to beneficiaries.
- Wealth Planning: Develop and implement sophisticated wealth planning strategies and documents, including Family Limited Partnerships, Grantor Retained Annuity Trusts, Dynasty Trusts, Insurance Trusts, Annual Exclusion Trusts, Directed Trusts, Sales to Defective Grantor Trusts, Buy-Sell Agreements, Decanting, and Private Trust Companies.
- Taxation and Compliance: Research and apply rules governing estate, gift, GST, and income taxation of trusts and estates, gift and estate tax return reporting and preparation.
- Strong Academic Credentials: JD required; LLM is a plus.
- Experience: 5+ years' experience practicing in a law firm's Trusts & Estates/Private Client group.
- Bar Membership: Connecticut Bar membership.
- International Experience: International experience a plus.
