Meghan Schubmehl is an associate in Nixon Peabody’s Private Clients group.
What do you focus on?
I focus my practice on three key areas.
I work with individuals to create estate plans that meet their families’ goals while focusing on estate, gift and income tax implications. My work in this area ranges from the drafting of wills and trusts to the transfer of large companies across generations.
Second, I advise individuals and financial institutions on the administration of estates and trusts. This work involves the proper transition of assets, including the preparation of estate and fiduciary income tax returns. I have assisted with the successful resolution of several large estate tax audits in this regard.
I also advise nonprofit organizations on board governance matters, tax-exempt status and the administration of restricted funds. I advise both individuals and institutions on matters related to charitable giving.
What do you see on the horizon?
I’m following the new laws and regulations that result in increasingly complex tax reporting requirements. We pride ourselves on understanding these requirements before our clients even know there is an “issue.”