EducationLL.M., Taxation, Villanova University School of Law, 2003
J.D., Villanova University School of Law, 1999
B.A., cum laude, Colgate University, 1996
I EMPOWERED AMBITION when i assisted a ceo and coo with the transfer of vested non-qualified stock options at a low APPRAISED value to irrevocable trusts prior to an anticipated fda regulatory approval and the company’s IPO.
By educating the executives on the importance of pre-transaction estate planning, they empowered their Board and majority private equity shareholder to understand the need to amend the company’s existing Stock Option Plan. The revised Plan recognized their irrevocable trusts as permitted shareholders and altered rules related to the mechanics of option exercise and income tax withholdings. In doing so, the executives succeeded in removing the options from their gross estates as a result of releasing all unintended retained powers caused by the pre-existing language of the Plan.
My Practice Areas are:
I HAVE WORKED WITH:
Clients looking to develop customized estate plans that integrate their goals and wishes with business and family realities.
Fiduciaries and beneficiaries requiring experience and delicacy to navigate challenging family dynamics.
Estates involving closely-held businesses and those with significant real property portfolios.
Shareholders and partners requiring individual counsel for resolving differences, reducing or eliminating disputes.
Business owners and entrepreneurs looking to grow and protect their company and personal assets.
MY GREATEST STRENGTHS ARE:
Recognizing that individual behavior and psychological factors, more than mere legal dictates, can influence outcomes and drafting documents and designing strategies that resonate with that reality.
Thinking visually to better understand concepts and realizing, to my thankful surprise, that many clients appreciate diagrams, flow charts and pictures to simplify the complexity of estate and business plans.
I WANT YOU TO KNOW:
I began my career in a private family office that was subsequently acquired by a local bank and trust company.
WHAT MAKES ME UNIQUELY ME IS:
I find balance and draw inspiration through the creative process of making art: www.dirksimpson.com.
I love spending time with my family and traveling to new places.
MY PROFESSIONAL & COMMUNITY ACTIVITIES ARE:
Adjunct Faculty, Temple University College of Science & Technology; External Advisory Board, Professional Science Master’s in Bioinnovation.
Member, Philadelphia Estate Planning Council
INDUSTRies of FOCUS
Real Estate Owners & Developers
Family Offices, Banks, & Trust Companies
Public Charities & Private Foundations
Complex Gift, Estate, and Generation-Skipping Transfer Tax Planning
Estate and Trust Administration
Wills, Revocable Trusts, & Irrevocable Trusts
Business Succession Planning
Asset Protection Planning