Jack Clymer is senior counsel in Nixon Peabody's Private Clients group and a member of the firm’s investment committee. He serves as a trustee of a number of private and charitable trusts and counsels individuals and families on wealth creation, accumulation and management strategies.
I focus on wealth management structures and practices, including tax and estate planning advice. Clients include families, owners of closely held businesses, trustees of private trusts and individuals focused on preserving and managing their wealth.
I work with family offices and families to develop and assist in the execution of investment policies, serve on investment committees and advise charities on the legal, tax and fiduciary aspects of endowment management.
One recent engagement has been to advise clients in taking a portfolio approach to the purchase of insurance as an integrated portion of the clients’ investment assets, given the perceived risks inherent in the current investment grade fixed income markets.
Another has been to assist a family in evaluating the possible sale of one of the family’s businesses through engaging an investment banking firm and creating a process for that evaluation designed to be the least disruptive to their ongoing business activities.
Creating structures designed to preserve and enhance family wealth for current clients and their descendants is becoming more interesting as investment opportunities expand globally and nations race to protect their fiscal base in an increasingly flat world populated by increasingly mobile potential taxpayers.
I see the race between the creators and holders of wealth who want to protect and enhance it, and the nations that want to capture more of it, intensifying. This will require individuals and families to engage ever more sophisticated advisers to meet both their creation and their preservation goals.
Harvard Law School, J.D.
Princeton University, A.B.
U.S. Tax Court
John was selected, through a peer-review survey, for inclusion in The Best Lawyers in America© 2020 in the field of Trusts and Estates. John has been listed in Best Lawyers since 1995.
Jack has also received an AV Preeminent® Peer Review Rating™ from Martindale Hubbell®, the highest possible rating for ethics and legal ability.
John Clymer is a Fellow of the American College of Trust and Estate Counsel; a member of its Charitable Planning and Organizations and its Practice Committees and has served as State Chair for Massachusetts. For the seventeenth year, her was selected by his peers for inclusion in The Best Lawyers in America 2013 and recognized in the area of Trusts and Estates (Copyright 2009 by Woodward/White, Inc. of Aiken, S.C.). Inclusion in Best Lawyers is based on a peer-review survey. John has also been recognized as a “New England Super Lawyer” in Estate Planning and Probate based on a peer-review survey by Boston Magazine (2004–2013).
John Clymer's community and charitable board activities include membership on the investment committee of the Hyams Foundation, Inc., a Boston private foundation; chair of the board of Anatolia College, an American school and college in Thessaloniki, Greece; trustee of Sofia American Schools, Inc., an English language high school in Sofia, Bulgaria; and service on the Town of Concord’s Historic Districts Commission.
John Clymer is a member of the Boston, Massachusetts and American bar associations. He was the chair of the Committee on Non‑Profit Corporations of the Business Law Section of the American Bar Association when it drafted the Model Revised Non‑Profit Corporation Act in the mid-1980s and has served as chair of the Committee on Lifetime and Testamentary Charitable Gift Planning of the Real Property, Probate and Trust Law Section of the ABA. He is currently the a member of the Council of the Boston Bar Association, by reason of his past service as president of the Boston Bar Foundation.