Lawrence Chane concentrates his practice in the areas of estate and tax planning, primarily for owners of closely held businesses, executives, and professionals. In this capacity, he advises his clients on the federal, state, and local tax issues that affect them and their businesses and the transfer of wealth from one generation to another. He provides advice and counsel on sophisticated estate and income tax planning techniques involving: · life insurance · generation skipping · succession planning · planned charitable giving Mr. Chane is a fellow of The American College of Trust and Estate Counsel. He has served as adjunct professor at Villanova University School of Law in the Graduate Tax Program, teaching a course entitled "Tools and Techniques of Estate Planning," and is a past president of the Philadelphia Estate Planning Council. Mr. Chane has appeared on CNBC and has been quoted in publications including TIMEand Kiplinger's Personal Finance on tax and estate planning issues. He has receivedthe highest possible rating from Martindale-Hubbell. Representative Matters · Represented an individual business owner in planning and creation of a series of grantor-retained annuity trusts prior to sale of significant family-owned business. · Planned and created generation-skipping dynasty trust prior to initial public offering of closely held company for an individual business owner. · Planned and implemented a family limited partnership funded with investment assets for an individual client. · Planned and implemented a sale of assets to an intentionally defective grantor trust for an individual client. · Created and funded a private foundation and charitable lead trust for a charitably inclined client, resulting in income and estate tax savings. · Implemented a plan to shift ownership to children including buy-sell, employment, deferred compensation and shock bonus agreements for an individual business owner. Community Service & Affiliations Mr. Chane is actively involved in several community organizations. He has served as vice president of the Auerbach Central Agency for Jewish Education, secretary of the Jewish Federation of Greater Philadelphia, Endowments Corporation and chair of the Jewish Federation's Estate Planners' Advisory Committee in Philadelphia. Gift and Estate Planning Techniques: Installment Sales to Intentionally Defective Grantor Trusts Grantor Retained Annuity Trusts Memberships American College of Trust and Estate Counsel Jewish Federation of Greater Philadelphia Philadelphia Estate Planning Council Auerbach Central Agency for Jewish Education Golden Slipper Charities Philadelphia Bar Association Florida Bar Association Pennsylvania Bar Association Events Legal Boot Camp-Prepare for the Sale
October 7, 2008
Cory G. Jacobs, Alan L. Zeiger, Lawrence S. Chane and David M. Perry
Event Publications Estate, Gift and GST "Tax Amnesty"- How to "Turbo Charge" Your Estate Plan in 2011 and 2012
Private Client Alert
February 2011 (No. 1)
Lawrence S. Chane, Andrew J. Haas, Michael H. Leeds, Robert E. Madden, Shari J. Odenheimer, Mary-Noelle Rasi, et al.
Alert Summary Of The New Gift, Estate And Generation Skipping Transfer Tax And Important Planning Opportunities Before The End Of 2010
Private Client Alert
December 2010 (No. 6)
Lawrence S. Chane, Andrew J. Haas, Michael H. Leeds, Robert E. Madden, Shari J. Odenheimer, Mary-Noelle Rasi, et al.
Alert Riding into the Sunset...Year-End Planning for the "New" Federal Estate Tax
Private Client Alert
October 2010 (No. 5)
Lawrence S. Chane, Andrew J. Haas, Michael H. Leeds, Robert E. Madden, Shari J. Odenheimer, Mary-Noelle Rasi, et al.
Alert The Grantor Retained Annuity Trust ("GRAT") GOING . . . GOING . . . GONE?
Private Client Alert
June 2010 (No. 4)
Lawrence S. Chane, Andrew J. Haas, Michael H. Leeds, Robert E. Madden, Shari J. Odenheimer, Mary-Noelle Rasi, et al.
Alert Grantor Retained Annuity Trusts ("GRATS") - A Great Technique Faces An Uncertain Fate
Private Client Alert
March 2010 (No. 3)
Lawrence S. Chane, Michael H. Leeds, Robert E. Madden, Shari J. Odenheimer, Mary-Noelle Rasi, Morey S. Rosenbloom, et al.
Alert The One-Year Repeal of the Estate Tax: Is It Time to Review Your Estate Plan? (Part 1 of 2)
Private Client Alert
March 2010 (No. 2)
Lawrence S. Chane, Michael H. Leeds, Robert E. Madden, Shari J. Odenheimer, Mary-Noelle Rasi, Morey S. Rosenbloom, et al.
Alert Time Is Running On Unique Opportunity To Leverage Gifts To Family Members And Charity
Private Client Alert
July 2009 (No. 2)
Lawrence S. Chane, Michael H. Leeds, Robert E. Madden, Shari J. Odenheimer, Mary-Noelle Rasi, Morey S. Rosenbloom, et al.
Alert Pennsylvania Uniform Trust Act November 6, 2008 Notice Deadline Approaches
Private Client Alert
October 2008 (No. 4)
Lawrence S. Chane, Michael H. Leeds, Robert E. Madden, Shari J. Odenheimer, Mary-Noelle Rasi, Morey S. Rosenbloom, et al.
Alert Changes to the Federal Estate Tax Effective January 2009 Combined with the Current Political and Economic Climate Create a Unique Opportunity to Review and Enhance Your Estate Plan Before Year End
Private Client Alert
October 2008 (No. 3)
Lawrence S. Chane, Michael H. Leeds, Robert E. Madden, Shari J. Odenheimer, Mary-Noelle Rasi, Morey S. Rosenbloom, et al.
Alert Uncle Sam May Owe You Money
Private Client Alert
August 2008 (No. 2)
Lawrence S. Chane, Michael H. Leeds, Robert E. Madden, Shari J. Odenheimer, Mary-Noelle Rasi, Morey S. Rosenbloom, et al.
Alert Historically Low Interest Rates Create Unique Gift and Estate Planning Opportunities
Private Client Alert
April 2008 (No. 1)
Lawrence S. Chane, Michael H. Leeds, Robert E. Madden, Mary-Noelle Rasi, Morey S. Rosenbloom and Peter C. Valente
Alert Florida Residence: Is it for You?
50 Plus Senior News
January 2008
Michael H. Leeds and Lawrence S. Chane
Article Does Uncle Sam Owe You Money? Three Recent Rulings Create Potential Refund Opportunities for Those Who Act before October 15, 2007
Private Client Alert
September 2007 (No. 2)
Lawrence S. Chane, Michael H. Leeds, Mary-Noelle Rasi, Morey S. Rosenbloom and Peter C. Valente
Alert Pennsylvania Uniform Trust Act Imposes New Duties on Trustees of Pennsylvania Trusts
Private Client Alert
February 2007 (No. 1)
Lawrence S. Chane, Michael H. Leeds, Mary-Noelle Rasi, Morey S. Rosenbloom and Peter C. Valente
Alert The Pension Protection Act of 2006: Don't Let the Title Fool You - It's Not Just about Pensions!
Private Client Alert
September 2006
Lawrence S. Chane, Michael H. Leeds, Mary-Noelle Rasi, Morey S. Rosenbloom and Peter C. Valente
Alert Florida Repeals Its Intangible Personal Property Tax
Private Client Alert
August 2006
Peter C. Valente, Lawrence S. Chane, Michael H. Leeds, Mary-Noelle Rasi and Morey S. Rosenbloom
Alert New Tax Law's Impact on Saving for College: Tax Increase Prevention and Reconciliation Act Expands Kiddie Tax to Include Children Aged 14 to 18
Private Client Alert
June 2006
Peter C. Valente, Lawrence S. Chane, Michael H. Leeds, Mary-Noelle Rasi and Morey S. Rosenbloom
Alert Temporary Suspension of Certain Federal Tax Limitations on Charitable Contributions
Business Tax / Private Client Alert
November 2005
J. Caleb Boggs III, Lawrence S. Chane, Joseph T. Gulant, Cory G. Jacobs, David M. Kuchinos, Michael H. Leeds, et al.
Alert Fixed Income Securities That May Be Redeemed At Death
Estate Planning Alert
Spring 2005
Lawrence S. Chane, Michael H. Leeds, Mary-Noelle Rasi, Morey S. Rosenbloom and Peter C. Valente
Alert Family Limited Partnerships Under IRS Scrutiny
Estate Planning Alert
Spring 2004
Lawrence S. Chane, Michael H. Leeds, Mary-Noelle Rasi, Morey S. Rosenbloom and Peter C. Valente
Alert Split-Dollar Life Insurance Alert
Private Client Group Estate Planning Alert
Fall 2003
Lawrence S. Chane, Michael H. Leeds, Mary-Noelle Rasi, Morey S. Rosenbloom and Peter C. Valente
Alert Estate Planning Alert
Private Client Group
Summer 2003
Lawrence S. Chane, Michael H. Leeds, Mary-Noelle Rasi, Morey S. Rosenbloom and Peter C. Valente
Alert 2003: A New Year, a New Name, a New Estate Plan?
Private Client Group Estate Planning Alert
Winter 2003
Lawrence S. Chane, Michael H. Leeds, Mary-Noelle Rasi, Morey S. Rosenbloom and Peter C. Valente
Alert Split-Dollar Life Insurance After IRS Notice 2002-8
The Practical Tax Lawyer
Spring 2002
Lawrence S. Chane
Article Cost of Giving Ownership Interests Can Be Minimized
Taxation for Accountants
February 1992
Lawrence S. Chane
Article The Estate Freeze Today - A New Approach
1991 Million Dollar Round Table Proceedings 334
June 1991
Lawrence S. Chane
Article Recent Developments in the Taxation of Like-Kind Exchanges
Real Estate Review, 20
Fall 1990
Lawrence S. Chane
Article News Blank Rome's Private Client Practice Group Publishes 2nd Most Read Article for Mondaq
November 11, 2010
Lawrence S. Chane, Andrew J. Haas, Michael H. Leeds, Robert E. Madden, Shari J. Odenheimer, Mary-Noelle Rasi, et al.
Media Coverage Developing Good Lawyers-and Good Citizens
April 22, 2010
Fred Blume, Carl M. Buchholz, Lawrence S. Chane, T. Michael Dyer, Gary R. Goldenberg, Alan J. Hoffman, et al.
Media Coverage Larry Chane Quoted in Money Magazine: Avoiding the 45% Estate Tax
December 31, 2008
Lawrence S. Chane
Media Coverage Estate Taxes Pose Little Threat to Steelers Ownership
August 10, 2008
Lawrence S. Chane
Media Coverage Lawrence S. Chane Elected President of Philadelphia Estate Planning Council
July 16, 2007
Lawrence S. Chane
Press Release Larry Chane Profiled in Inside Magazine
Spring 2007
Lawrence S. Chane
Media Coverage |