Suzanne C. Farley is a member of Venable’s national Tax and Wealth Planning Practice. She focuses her practice on estate planning for high-net-worth individuals and families, with a particular emphasis on family wealth transfers for large estates; trust and estate administrations; court proceedings and IRS audits related to trust and estate administrations; charitable giving; business formation and succession planning; and the formation and representation of tax-exempt entities.
- Represented high-net-worth individual in advanced planning, including grantor retained annuity trusts (GRATs) and use of gifts and sales to intentionally defective grantor trusts (IDGTs), which resulted in significant tax savings.
- Represented high-net-worth individual in advanced planning, including a charitable lead annuity trust (CLAT), formation of a private family foundation, and Delaware dynasty trusts.
- Represented trustees of multi-million-dollar estate owning substantial private real estate assets in the United States and Canada, where the estate successfully obtained estate tax deferral under Internal Revenue Code Section 6166, and a 10-year payment plan for generation-skipping transfer taxes.
- Represented estates in settling estate tax audits before the Internal Revenue Service, where contested issues included the value of closely held business interests, promissory notes, and real estate.
- Represented trustee of a billion-dollar estate in preparation of an estate tax return, post-mortem tax planning, and administration of estate assets, including substantial real estate holdings.
- Represented partners of numerous private equity fund complexes in estate and transactional planning.
- Represented a professional sports franchise in forming and obtaining tax-exempt status for its related nonprofit organization.
- LL.M. Taxation Golden Gate University School of Law 2012
- J.D. Santa Clara University School of Law 2007
- B.F.A. magna cum laude City University of New York, Hunter College 2003
Bar Admissions : California
Professional Memberships :
- Member, Bar Association of San Francisco, Taxation Section
- Member, State Bar of California, Taxation & Estate Planning Sections
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