Epstein & Friedman LLP is a San Francisco law firm consisting of two partners, Mark L. Epstein and Bruce M. Friedman. The firm specializes in income tax and estate tax matters, including consultation and representation in connection with the tax aspects of business transactions, real estate transactions and estate planning. The partnership was formed in 1983 after the partners worked together for two years in a law practice and two years in a Big 8 CPA tax department (there were 8 at the time). The firm is results oriented and is founded upon the concept of high quality work and prompt response to its clients needs.
The firm's estate planning practice is focused on planning estates not only for the purpose of minimizing estate and gift taxes but also for perpetuating family businesses and accomplishing specific family objectives which includes drafting wills and living trusts, irrevocable trusts for children, irrevocable life insurance trusts, generation skipping trusts, grantor retained annuity trusts, qualified personal residence trusts and charitable remainder trusts; as well as representing executors in probate proceedings.
The firm's income tax practice is focused on structuring business and real estate transactions for individuals, corporations, limited liability companies and for partnerships. Representative transactions include drafting partnership agreements for limited and general partnerships in compliance with the special allocation regulations promulgated under Code Section 704(b); forming limited liability companies and corporations with basic or sophisticated capital structures; converting partnerships to LLCs; reorganizing corporations, including mergers, asset or stock acquisitions and dispositions, split ups and liquidations; negotiating and structuring real estate acquisitions and dispositions, including tax deferred exchanges; counseling to foreign businesses and individuals investing in U.S. businesses or real estate; drafting and reviewing contracts, leases and royalty agreements.