Recognized in the Best Lawyers in America® under two disciplines (Trusts & Estates, Non-Profit Charity Law), Stan has a statewide reputation for developing individualized estate plans that preserve and protect clients’ assets during their lifetime and insure that those assets ultimately pass to the clients’ heirs in a tax-efficient fashion. He responds to each client’s unique needs and desires in crafting and implementing estate plans. Through his years of practice, Mr. Smith has overseen the administration of many estates to the successful completion of the plans he had previously developed.
Stan routinely advises individual and corporate fiduciaries in the administration of wills, revocable trusts, irrevocable trusts, charitable and non-charitable transfers, all within the context of the federal and state tax environments. This representation includes assisting with the preparation and presentation of fiduciary accountings, the negotiation and drafting of non-judicial settlement agreements among fiduciaries and heirs and petitions to the Orphans’ Court where appropriate
He provides business owners with solutions for the smooth transfer of ownership to younger generations. He structures and has administered numerous buy-sell agreements and partnerships, LLC and limited partnership agreements, all designed to facilitate the succession of family businesses. Stan provides general counsel to various non-profit corporations including public charities like colleges, universities and hospitals, as well as numerous private foundations.
Having advised clients on wealth transfer strategies for decades, Stan has been well suited to advise clients with unique issues created by the emergence of wealth generated by the development of the Marcellus Shale.