A certified public accountant, Ray is a member of the Financial Services industry team, with an emphasis on clients who require effective and guided advice on private wealth matters. He counsels clients on sophisticated income and estate planning techniques, family business and succession planning, and creative methods for the formation, acquisition, management and disposition of businesses. He also advises on estate and trust administration.
Ray's industry experience includes:
•Structuring a multigeneration trust to preferentially benefit descendants active in the business while providing significant asset protection and estate tax savings and taking advantage of a pending change in the gift and generation-skipping transfer tax law.
Advising family owning significant business interests nationwide on income and estate tax saving business formation and disposition issues.
Structuring sophisticated multistep process to defer income taxes on sale of business where current owners retain an investment in the ongoing operations.
Represented a major bank in the tax-free acquisition of several banks in separate transaction.
Represented banks and bank-holding companies in the acquisition and disposition of such entities in taxable and tax-free transactions.
Advising real estate investment trusts (REITs) on tax issues related to their formation and on-going operations.
Ray has been nationally recognized for his trusts, estates and tax legal representations since 2007.
Awards and Recognitions
The Best Lawyers In America, Tax Law, Trusts and Estates, 2007-2014
•Martindale-Hubbell AV Preeminent
•Missouri & Kansas Super Lawyers, Closely Held Business, 2005-2009
American Red Cross, Planned Giving Advisory Council, 2006-present
•Archdiocese of St. Louis, Planned Giving and Endowment Council, 2003-present
•Boy Scout Troop 624, Scoutmaster
•St. Clement Athletic Association, Treasurer, 1997-present
•Children's Hospital Foundation Legacy Advisors Leadership Board, 2012-present
•Greater St. Louis Area Council, Boy Scouts of America, New Horizons District, Endowment Chair, 2010-present
•Knights of Columbus
Owners of a large closely-held business wanted to benefit all of their children but wanted to provide a larger percentage of their business assets to descendants active in the family business. Designed a trust to accomplish this goal over multiple generations while providing significant estate and generation skipping transfer tax savings and asset protection to the beneficiaries.
•By forming an entity that caused company to be sold to become a subsidiary of the new corporation, and making certain tax elections, a family that wished to retain a minority interest in a conglomerate purchasing their business was able to exchange the interest in their business for an interest in the conglomerate on a tax-deferred basis.
4.01.10 Mastering Mergers and Acquisitions, National Business Institute
10.01.08 Family Business Succession Planning, The Missouri Bar
6.01.08 Estate Planning Basics, McQuillan Education
4.01.08 Limited Liability Companies, National Business Institute
4.01.08 Drafting Effective Wills and Trusts, National Business Institute
5.01.05 Helping Your Client Buy or Sell a Business in Missouri, National Business Institute
2.01.05 Overview of Issues Related to Succession Planning for Family-Owned Businesses, The Bar Association of Metropolitan St. Louis
5.01.04 Planning for the Future, St. Louis University Office of Planned Giving
12.01.03 Asset Protection Techniques in Missouri, National Business Institute
In The News
8.16.13 Best Lawyers 2014 Names 109 from Husch Blackwell, 13 Lawyers of the Year
Healthcare, Life Sciences & Pharmaceuticals Real Estate, Development & Construction Financial Services Energy & Natural Resources News Release
8.23.12 2013 Best Lawyers Includes 106 Husch Blackwell Attorneys in 56 Practice Areas and 7 States
9.06.11 More Than 100 Husch Blackwell Attorneys Named to Best Lawyers 2012
10.22.09 Missouri & Kansas Super Lawyers 2009 Names 73 Husch Blackwell Sanders Attorneys