Estate Planning and Estate Trust Administration
Jeffrey M. Folkman is experienced in all phases of estate and charitable planning for individuals and families, including those where family-owned businesses are involved. Plans range from the modest in size to the very large and sophisticated. He works extensively with corporate trustees, financial planners, insurance agents, accountants and consultants. Jeffrey is also experienced in the administration of trusts and estates.
Corporate and Entrepreneurial Services
Jeffrey is knowledgeable with stock and asset acquisitions, dispositions and mergers, business restructuring, and buy-sell agreements.
He is an advisor to entrepreneurs in establishing, growing and maintaining newly-established business ventures.
Taxation and Employee Benefits
Jeffrey’s taxation and employee benefits practice consists of corporate and partnership tax planning, including limited liability companies, partnerships, and S corporations.
Jeffrey is knowledgeable in all phases of ERISA, including the design and implementation of defined benefit pension, profit sharing, cash balance, 401(k) and 403(b) tax-sheltered annuity plans, and employee stock ownership plans (ESOPs), with particular emphasis on ESOPs, S corporation ESOPs and the use of retirement plans to shelter income for highly-compensated employees and owners of the business.
He is experienced in the design and implementation of executive compensation plans of all types, including split-dollar, deferred compensation, restricted stock, phantom stock, and stock option plans, including plans funded through rabbi trusts.
Jeffrey has designed and implemented welfare plans, including health, disability, life and dependent care insurance plans, premium conversion plans, flexible spending accounts, cafeteria plans, and VEBAs.
He is experienced in the design and implementation of corporate or bank-owned life insurance plans (so-called “COLI” and “BOLI” plans).
Professional History
• Partner, Hahn Loeser & Parks LLP, 1986-present; Associate, 1984-85
• Associate, Guren, Merritt, Feibel, Sogg & Cohen, 1981-84
• Associate, Squire, Sanders & Dempsey, 1978-81
Experience
BestDrive, LLC, a Subsidiary of Continental Tire the Americas, LLC
February 01, 2016
Continental Automotive Systems
October 01, 2015
Publications & Speaking Engagements
"Dirty Dozen" Estate Planning Mistakes ...and how to detect and avoid them
March 12, 2016
"Business Planning"
October 13, 2013
2009 Required Minimum Distributions from IRAs and Certain Retirement Plans Suspended
January 29, 2009
Awards & Distinctions
The Best Lawyers in America®, Employee Benefits Law, 2008-21; Tax Law, 2009, 2012-21, Litigation - Trusts and Estates, 2021, Nonprofit/Charities Law, 2021
Top Lawyer, Naples Illustrated, Employee Benefits Law, Tax Law, 2018, 2020
FIVE STAR: Best in Client Satisfaction Wealth Managers, 2009-12
AV Preeminent®, Martindale-Hubbell
Memberships & Affiliations
Florida Bar Association, Membe
Distinguished: An excellent rating for a lawyer with some experience. This rating indicates the attorney is widely
respected by their peers for high professional achievement and ethical standards.
Notable: This rating indicates that the lawyer has been recognized by a large number of their peers for strong ethical standards.
