Private Wealth

For nearly 100 years, BakerHostetler lawyers have advised and represented generations of clients in sophisticated, long-term planning for their families, their businesses and their philanthropies. With more than 30 practitioners in offices across the country, we are uniquely qualified to counsel clients whose critical legal needs require the cross-disciplinary resources of a broad-based national law firm. Our Private Wealth practice provides comprehensive experience in the areas of concern for high-net worth clients, including:

  • Family legacy planning
  • Business succession planning
  • Charitable planning
  • Trust and estate administration
  • Fiduciary representation
  • Tax controversy matters
  • Family offices
  • Formation and operation of private trust companies
  • Family law issues

Unlike many large law firms, we continue to devote substantial resources to our Private Wealth practice. We understand the importance of these services to our clients and in maintaining longstanding client relationships built on trust. With families and businesses expanding geographically, our national footprint ensures consistent personal service of the highest quality in multiple jurisdictions. Rapidly changing state laws provide new challenges and opportunities to high-net worth families, making it more important than ever for clients to have access to legal counsel with regional knowledge and the necessary contacts with local and state government bodies and court systems.

More »

Often a client’s needs require input from other legal disciplines and our Private Wealth lawyers operate as the gateway to our firm’s broad range of practice areas. We work collaboratively with our colleagues in the areas of real estate, business, securities, family law and litigation to provide full-service and creative solutions in a cost-effective manner. In this way, we are able to serve as “general counsel” to high-net worth families and their businesses, helping coordinate their needs across multiple issues and legal disciplines.

Many of our clients have their own family office and we have been pioneers in working together with family office personnel to efficiently serve the diverse needs of these sophisticated clients. We have a dedicated team of Private Wealth lawyers, and others from related disciplines, who work collaboratively to focus our substantial experience in structuring and servicing family offices. Our Family Office team has counseled clients in the formation and operation of their own private trust companies, providing them with the benefits of a permanent corporate trustee.

Trustees and executors rely on our substantial experience in representing fiduciaries. For nearly a century, we have represented individual and corporate fiduciaries in some of the largest and most complicated trusts and estates in the nation. If controversies arise in the fiduciary context, we use our deep understanding of tax law and business acumen to help structure practical and successful outcomes. If a resolution cannot be obtained through negotiation, we collaborate with experienced BakerHostetler litigators to effectively represent our clients in court.

Learn more about how we partner with our clients in the areas of:

Professionals

Name Title Office Email
Rebecca C. Alexander Partner Denver
Taylor Perodeau Bechel Associate Denver
Edward J. Beckwith Partner Washington, D.C.
Scott J. Bent Associate Columbus
William J. Culbertson Counsel Cleveland
Leah E. DeLancey Partner Costa Mesa
Jennifer L. Eschedor Counsel Cleveland
Christopher D. Fidler Partner Columbus
Robert R. Galloway Partner Cleveland
Theodore Z. Gelt Of Counsel Denver
Ellen E. Halfon Counsel Cleveland
Suzanne M. Jambe Partner Cleveland
Herbert W. Kalmbach Of Counsel Costa Mesa
Robert K. Lease Partner Cleveland
Gordon F. Litt Partner Columbus
James A. Loeb Partner Cleveland
Chad W. Makuch Associate Cleveland
George T. Mooradian Partner Costa Mesa
Lisa A. Roberts-Mamone Partner Cleveland
Kevin G. Robertson Partner Cleveland
Barry R. Robinson Partner Columbus
Anthony J. Scaletta Partner Orlando
Michelle M. St. Pierre Partner Denver
David L. Starbuck Partner Denver
Michael R. Stiff Partner Denver
Raymond L. Sutton Jr. Partner Denver
Ashley L. Thompson Associate Denver
Joseph F. Verciglio Partner Cleveland
Samantha M. White Counsel Denver

Recognition

  • Chambers HNW: Private Wealth Law (2016)
    • Colorado: Band 1
    • Ohio: Band 1
    • USA: Recognized Practitioner
  • BTI Client Service 30: BakerHostetler advanced 19 positions to #9 (2016)
  • U.S. News - Best Lawyers “Best Law Firms” (2016)
    • Trusts & Estates Law: National Tier 1
      • "Firm of the Year" (2016)
  • The Best Lawyers in America© (2016)
    • 3 lawyers named in Litigation - Trusts & Estates
    • 11 lawyers named in Trusts and Estates

Key Contacts

Blog

In The Blogs

Previous Next
WealthDirector
Proposed Regulations Under IRC Section 2704 Seek to Eliminate Discounts on Transfers of Family Business Interests
September 23, 2016
On Aug. 2, 2016, the Treasury Department and the Internal Revenue Service released proposed regulations under Internal Revenue Code (Code) section 2704 (the “Proposed Regulations”). The Proposed Regulations, if finalized in their proposed...
Read More ->
WealthDirector
The Donor Advised Fund Alternative to a Family Foundation
August 31, 2016
There are several gifting vehicles that provide donors and their families with the opportunity to participate in their philanthropy on an ongoing basis. Frequently, families will consider creating and funding a private family foundation...
Read More ->
WealthDirector
IRS Simplifies Rules for Correcting Failed Rollover
August 25, 2016
On August 24, 2016 the IRS published Revenue Procedure 2016-47, which simplifies the steps for correcting a missed rollover from a qualified plan or IRA to another qualified plan or IRA. Amounts distributed from a qualified plan or IRA...
Read More ->
WealthDirector
What do Prince, Michael Jackson, and Whitney Houston Have in Common?
July 12, 2016
Michael Jackson, Prince and Whitney Houston each revolutionized the music industry and impacted popular music for decades. We all appreciate how Michael Jackson moonwalked across the stage, Prince made it (purple) rain and Whitney Houston...
Read More ->
WealthDirector
Governor Kasich Signs House Bill 229 to Create Ohio Family Trust Company Act
June 16, 2016
On June 14, 2016, Governor Kasich signed House Bill 229 into law. The bill, which was over two years in the making, allows an Ohio family to establish its own trust company to serve as trustee for its family trusts. The legislation...
Read More ->