SHAREHOLDER
Michael Umphrey is a shareholder, as well as an officer and a director, of the firm. He concentrates his practice in the areas of legacy (formerly estate) planning, business/tax planning and the administration of estates and trusts. He has written, and also frequently lectures, on these subjects.
Mr. Umphrey’s practice involves a wide variety of legacy and business planning/structuring situations. In over 40 years of practice, he has developed a high degree of expertise in the design and drafting of a broad range of legacy planning, business and financial planning documents for a wide variety of clients with differing needs and requirements, ranging from the straightforward and uncomplicated to the most complex situations.
Many legacy planning considerations dovetail closely with business planning matters. Since Mr. Umphrey represents a significant number of family-owned businesses, he has developed a particular expertise in the special needs of the entrepreneurial family.
Given the nature of his practice, Mr. Umphrey also has considerable experience dealing with incapacity situations and with the post-death administration of trusts and estates. His expertise in these areas aids clients in minimizing taxation, expenses, delays and post-death disputes and in providing for the proper management and prompt distribution of deceased clients’ businesses and other assets.
He maintains an “AV” peer review rating with Martindale-Hubbell Law Directory, the highest peer review rating for attorneys. Mr. Umphrey has been selected by his peers for inclusion in The Best Lawyers in America© 2022 in the fields of Business Organizations (including LLCs and Partnerships) and Trusts and Estates (Copyright 2021 by Woodward/White, Inc., of SC). He has also been designated an Accredited Estate Planner by the National Association of Estate Planners and Councils. In addition, Mr. Umphrey has been named a “Five Star Wealth Manager” by Five Star Professional. The Five Star Award is presented to only 7% of wealth managers with at least five years of experience in the financial services industry, and who are evaluated in the local market to score highest in client satisfaction.
Your Legacy is About Much More Than Money; Commentator
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