Life Insurance Sales

NICK SHOFAR

● Home: 440-***-**** ● Cell: 440-***-**** *******@*****.***

ATTORNEY

Over 21 years of experience as an attorney in estate planning, working in close collaboration with the partners in the estate planning and probate practice group to formulate creative solutions to the estate planning needs of their clients. Expert skills in drafting estate planning documents, tailored to the specific needs of high net worth clients as well as clients of more moderate means. Experienced researcher with excellent analytical skills.

PROFESSIONAL EXPERIENCE

BENESCH, FRIEDLANDER, COPLAN & ARONOFF, Cleveland, OH 1991 to 2012

Staff Attorney

• Prepare and draft a wide array of estate planning documents, including wills, revocable trusts, irrevocable “first to die” and “second to die” life insurance trusts, non-grantor trusts, intentionally income tax defective grantor trusts, grantor retained annuity trusts, qualified personal residence trusts, qualified subchapter S trusts, qualified domestic trusts, generation skipping dynasty trusts, charitable lead trusts, charitable remainder trusts, special needs trusts, private settlement agreements, and prenuptial agreements.

• Facilitated the implementation of sophisticated estate planning concepts such as:

o Installment sales to intentionally income tax defective grantor trusts;

o A complex gift transaction involving the creation of a net gift agreement and several intentionally income tax defective grantor trusts to which the donor made significant gifts and entered into net gift agreements with each trustee to pay a proportionate share of the gift taxes attributed to each gift; and

o The creation of charitable lead annuity trusts and charitable remainder unitrusts.

• Research estate, gift and income tax issues and draft memoranda regarding the same.

• Drafted client advisories for distribution to clients. Authored article published in December, 2011 issue of Cleveland BAR Journal.

• Developed and maintained estate planning forms on “Hot Doc” system, and analyze Ohio and Florida laws to keep forms current.

• Assisted with probate administration.

NATIONAL EMPLOYEE BENEFIT SERVICES, INC., Cleveland, OH 1989 to 1990

Attorney

• Drafted summary plan descriptions and reviewed existing pension plans, profit sharing plans, 401k plans, and money purchase plans, and work with outside counsel to amend and restate plans.

• Reviewed and amended plans for changes in law as a result of TRA ’86 Act.

• Responded to IRS audit requests.

DONAHUE AND SCANLON, Cleveland, OH 1987 to 1989

Attorney

• Reviewed client estate plans and made recommendations for revision.

• Assisted in probating wills and administering estates.

BENESCH, FRIEDLANDER, COPLAN & ARONOFF, Cleveland, OH 1982 to 1987

Paralegal

EDUCATION

J.D., Cleveland- Marshall Law School, Cleveland, OH

B.A, Major, Boston University, Boston, MA

Paralegal Certificate, Dyke College, Cleveland, OH

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