Megan is an associate in Nixon Peabody’s Private Clients group. Megan focuses her practice in the areas of estate planning, tax planning and estate and trust administration. She creates personalized estate plans tailored toward each client’s family, financial and business goals.
With over twelve years of experience, I have developed the following areas of focus:
I advise and counsel individuals and families through various life events and work with clients to understand the various estate planning tools available to them to further their objectives. Specifically, I provide sophisticated estate planning strategies to minimize transfer tax exposure and creditor risks; to control, to preserve and pass family wealth to the next generation; and to protect family heirloom real estate by creating a mechanism with which to manage the real estate throughout the generations. I help clients with their philanthropic goals and assist clients encouraging social responsibility among future generations. I have extensive experience using progressive estate planning tools such as directed trusts, non-judicial settlement agreements and decanting.
I help clients protect their hard-earned assets and family wealth from creditors, including spouses in divorce. I facilitate asset protection planning using various vehicles such as third-party settled discretionary trusts, domestic asset protection trusts and the formation and funding of family limited liability companies.
I advise clients on fiduciary income tax matters pertaining to irrevocable non-grantor trusts. I structure trusts to enable beneficiaries to stretch the retirement account benefits over their lifetimes, thereby maximizing the income tax deferral on such trust assets.
I advise fiduciaries with respect to their duties and powers in trust and estate administration. I also personally serve as independent executor and as trustee of irrevocable trusts. I have successfully defended multiple state and federal estate tax returns on audit.
I draft prenuptial agreements. I also advise family law attorneys and draft expert opinions with respect to the divisibility of trust interests in divorce and the vulnerability of trust assets to claims of alimony and child support.
As the federal estate, gift and generation-skipping transfer tax exemptions continue to rise, the focus for many families has shifted toward creditor protection and income tax minimization, particularly with respect to trust level taxation. Creative ways to shift assets to the next generation and use of trusts as vehicles to minimize income taxation and provide creditor protection is an important aspect of future estate planning.
Boston University School of Law, LL.M. in Taxation
Syracuse University College of Law, J.D., magna cum laude
Skidmore College, B.A., magna cum laude