Resources
News

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

July 20, 2020 Press Releases

(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 specifically aimed at the international private wealth market. The firm was ranked in “band 1,” the highest ranking a firm can receive from Chambers and Partners’, for its wide-ranging private wealth law practice in Maine.

When interviewed during the evaluation process, one client noted Verrill is "in a different league,” adding: "There are people there that I really value." A second client interviewed praised the client service the Group’s attorneys provide, “They are very conscious of what the client needs. They are sensitive, they can communicate with the client well and they don't make unnecessary work. They have the capability of tapping into other resources.”

Michael Fay, Counsel at Verrill, 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 by Worth 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. Fay is a Fellow of the American College of Trust and Estate Counsel. Quoted within the guide, one interviewee noted that he is, "extremely experienced, very smart and really cares about his clients,"

Kurt Klebe, Partner, 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, one interviewee explains, “He has a good perspective of client needs and what needs to be done. He has great judgement."

Mary McQuillen, Partner at Verrill, 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 is "an excellent practitioner,” adding that, “she is amazing and has excellent judgement."

Jacqueline Rider, Partner, Chair of Verrill'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, interviewees noted that she is “tough,” “smart,” and has a “great reputation.”

The Chambers and Partners’ High Net Work Guide 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'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

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

Company Ownership and Succession

We provided advice to the sole owner of a significant privately held company in helping the owner to resolve the tensions inherent in his goals to maintain family control over ownership and management of...

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

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

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

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...

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...

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...

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

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...

Contact Verrill at (855) 307 0700