McLaughlin & Stern LLP takes over Krass, Snow & Schmutter, P.C., expanding its capabilities in private client law, particularly estates.
McLaughlin & Stern LLP, a full-service law firm based in New York, has announced a significant expansion of its private client law capabilities following the acquisition of the trusts and estates practice of Krass, Snow & Schmutter, P.C.
The acquisition integrates a nationally recognized boutique firm's expertise into McLaughlin & Stern's platform, broadening its scope in estate planning, trust administration, and related private client services.
Geoffry R. Handler, Managing Partner of McLaughlin & Stern, expressed his excitement about the acquisition, stating, "We are thrilled to welcome the team from Krass, Snow & Schmutter. Their exceptional technical skill and deep, trusted client relationships will significantly enhance our ability to serve clients' complex wealth management and succession needs."
Stephen J. Krass and Lee A. Snow, Partners from Krass, Snow & Schmutter, have joined McLaughlin & Stern as Partners, bringing with them a wealth of experience in estate planning, trusts and estates administration, international estate planning, tax-exempt organization services, and related tax work.
Paul C. de Freitas and Walter W. Regel have also joined McLaughlin & Stern as Of Counsel as part of the acquisition.
The acquired attorneys remain committed to preserving the client relationships they have built over the years. Lee A. Snow, also a Partner from Krass, Snow & Schmutter, shared Krass's sentiment, emphasizing the shared values and scale of McLaughlin & Stern.
The acquisition aligns with McLaughlin & Stern's long-term vision to build the most comprehensive and sophisticated private client practice in New York. Stephen J. Krass expressed his excitement about joining McLaughlin & Stern, citing broader resources and interdisciplinary support.
The services offered by McLaughlin & Stern have been further complemented and expanded by the addition of the attorneys from Krass, Snow & Schmutter. The firm continues to serve as a trusted partner to clients navigating complex personal, financial, and philanthropic decisions.
For more information about McLaughlin & Stern, visit their website at www.mclaughlinstern.com.
The combined decades of experience of the acquired attorneys will enhance McLaughlin & Stern's ability to counsel high-net-worth individuals and families, business owners, and philanthropic institutions. The acquisition expands McLaughlin & Stern's expertise in estate and tax planning, estate administration, exempt organization compliance, and cross-border wealth strategies.
Overall, the expanded scope now includes a more robust and nationally recognized trusts and estates practice integrated within McLaughlin & Stern’s broader legal service offerings. This strategic move enhances McLaughlin & Stern’s ability to serve clients’ complex wealth management and succession needs comprehensively, leveraging the boutique expertise previously held by Krass, Snow & Schmutter’s practice.
- The integration of Krass, Snow & Schmutter's expert practices into McLaughlin & Stern expands their scope in both business (estate planning, tax-exempt organization services, and cross-border wealth strategies) and finance (wealth management and succession planning).
- The addition of the attorneys from Krass, Snow & Schmutter to McLaughlin & Stern has further complemented and expanded the firm's services, enabling them to counsel a wider range of high-net-worth clients in business and finance more comprehensively.