Resources
Experience

Sales of Interest

We have assisted a client and his other advisors in creating and implementing a plan, involving gifts and sales of interests to trusts for the benefit of younger generation family members, involving hundreds of millions of dollars of commercial real estate, in a fashion minimizing income tax liabilities and facilitating elimination of estate taxes on future increases in the value of those assets.

Firm Highlights

Matter

Trust Holding Dispute

We represented one of the independent trustees of a trust holding multibillion dollar investments in two public companies in the context of a family dispute respecting control of the family's interest in those companies...

News

Verrill’s Wide-Ranging Private Wealth Law Practice Recognized in 2020 Chambers and Partners High Net Worth Guide

(July 20, 2020) – Verrill attorneys Michael Fay, Kurt Klebe, Mary McQuillen, and Jacqueline Rider were recognized in the Chambers High Net Worth 2020 Guide , Chambers and Partners' fifth edition of the publication...

Matter

Prenuptial Agreement

We represented the daughter of billionaire parents in negotiating a prenuptial agreement, including crafting disclosure of both interests in trusts of which she is currently a beneficiary and her contingent interests in assets that...

Matter

Family Business Termination

We represented key family members operating an extensive family business consisting of numerous operating companies and commercial real estate properties in delicate and volatile negotiations with a senior executive and family member leading to...

Matter

U.S. and Foreign Tax Liabilities

We furnished advice to a client who is a U.S. permanent resident (green card) but a citizen of another country, in coordinating his estate planning and that of his parent (a citizen of that...

News

How are Families Dealing with the COVID-19 Lockdown?

The Boston Globe published an article, "Will divorce rates spike after COVID-19?" explaining that during the COVID-19 pandemic, some are speculating that there will be a rise in these rates. Verrill family law attorney...

Matter

Litigation and Negotiations of Trust

We represented the client and other family members in litigation and negotiations resulting in a settlement pursuant to which the Trustee of a Trust established by the client's late parent, with assets approaching $500,000,000.00...

Matter

Estate and Tax Planning

Representation of a client in connection with estate and tax planning involving net worth in excess of $500,000,000.00, including major philanthropic plans, disposition of an exceptionally valuable art collection and provisions for a non-citizen...

News

Verrill Partner Appointed to Massachusetts Child Support Guidelines Task Force

(July 15, 2020) – Verrill attorney David Friedman was appointed by the Chief Judge of the Massachusetts Trial Court to serve on the 2020-2021 Massachusetts Child Support Guidelines Task Force. The task force is...

Matter

Estate and Tax Planning

We provided estate and tax planning, in conjunction with advice from other advisors, to the majority owner of a major family controlled network of businesses to ensure transfer of ownership and control to younger...