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Verrill Dana Once Again Recognized for Wide-Ranging Private Wealth Law Practice in Chambers and Partners High Net Worth Guide

July 19, 2019 Press Releases

(July 19, 2019) – Verrill Dana attorneys Michael Fay, Kurt Klebe, Mary McQuillen, and Jacqueline Rider were recognized in the Chambers High Net Worth 2019 Guide, Chambers and Partners' fourth edition of the publication specifically aimed at the international private wealth market. The firm was one of only three Maine firms ranked for its wide-ranging private wealth law practice, one of the largest and most experienced Private Clients Groups in Northern New England.

Michael Fay, Counsel at Verrill Dana, has more than 40 years of experience advising clients on all aspects of wealth management, including tax efficient transfer of wealth, creation of family controlled structures for long-term financial management and disposition of family assets, risk management, and implementation and oversight of family philanthropic endeavors. Michael has been recognized annually byWorth magazine as one of the nation's "Top 100 Attorneys" based upon his outstanding legal practice and exceptional client service, and he has also received Boston Magazine's FIVE STAR Wealth Manager Award. He is listed in Best Lawyers in America© for Trusts and Estates and has been named a Massachusetts Super Lawyer from 2004 – 2019 in Estate Planning/Trust Law. Quoted within the guide, one satisfied client noted, "I felt very comfortable working with Michael, both by his professionalism and his warmth."

Kurt Klebe, Partner at Verrill Dana, focuses his practice in all aspects of estate planning, probate administration and trust administration, as well as tax planning and charitable gift planning for individuals and nonprofit entities. He has also been recognized in Best Lawyers in America© in the practice of Trusts and Estates and has been elected as a Fellow of the American College of Trust and Estate Counsel. Quoted within the guide, sources described him as "top of the line" and a "leading practitioner."

Mary McQuillen, Partner at Verrill Dana, has practiced trusts and estates law since 1987, both in Maine and New York. Her practice includes representation of private foundations and other tax-exempt organizations, as well as estate planning, trust and estate administration and representation of fiduciaries. She has also been recognized in Best Lawyers in America© in the practice of Trusts and Estates. Quoted within the guide, one source explains McQuillen's "skill set and level of intelligence is extraordinary."

Jacqueline Rider, Partner, Chair of Verrill Dana's Private Clients & Fiduciary Services Group, and Co-Chair of the Probate Litigation Group, focuses her practice on all aspects of probate litigation, estate planning, probate administration, and trust administration. Rider has more than 25 years of experience successfully litigating a variety of civil matters in federal, state, and probate courts. She has also been recognized in Best Lawyers of America© in the practices of Trust and Estates and Litigation: Trust and Estates, and in 2016 and 2018 was named as the Portland, Maine Litigation-Trusts and Estates Lawyer of the Year. Quoted within the guide, one interviewee noted, "She's probably the best probate litigator in the state of Maine," and another noted, "I found her influence to be practical and instructive."

Chambers HNW provides a resource for accessing the world's leading high net worth advisers, including lawyers, bankers, accountants, and investment managers, among others serving this market internationally. Chambers and Partners, one of the world's most respected legal research and publishing firms, interviewed hundreds of professionals to assess the reputations and experience of professionals across the world in the private wealth sector.

Verrill Dana's Private Clients Group works closely with individuals and families to understand the clients' priorities and goals for the legacies they wish to provide. As part of their service to clients, members of the group will also serve as trustees of trusts and as personal representatives of estates.

Firm Highlights

Publication/Podcast

2018 Year-End Estate Planning Update

Federal Transfer Taxes The Internal Revenue Service has announced the annual inflation adjustments for the 2019 tax year: 2017 2018 2019 Gift and Estate Tax Exclusion $5,490,000 $11,180,000 $11,400,000 GST Tax Exemption $5,490,000 $11,180,000...

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

61 Verrill Attorneys Honored as Best Lawyers, 12 as Lawyers of the Year

(September 3, 2019) – More than 60 Verrill attorneys were once again recognized as "Best Lawyers" by Best Lawyers® 2020 . In addition, 12 attorneys from the firm were named "Lawyer of the Year,"...

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...

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...

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

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...

News

Verrill Welcomes Attorney Danielle Starr

(October 23, 2019) – Verrill is pleased to welcome attorney Danielle Starr to the firm’s Portland office. As a member of both Verrill’s Real Estate Group and Private Clients Group, Starr focuses her practice...

Matter

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...