Firm / Organisation

Bilzin Sumberg

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Managing Partners: John C. Sumberg
Senior Partners: Richard M. Goldstein, Chair, Tax Group, Hal J. Webb, Head of Private Wealth Services Group
Number of partners: 50
Number of lawyers: 100
Languages: English, French, German, Portuguese, Spanish

Firm Overview:
Bilzin Sumberg is a commercial law firm dedicated to delivering the highest quality legal counsel to a wide range of domestic and international clients, from high-net-worth individuals, entrepreneurs, investors, and developers to Fortune 500 companies, comprised of some of the nation’s leading public and private enterprises. Bilzin Sumberg’s clients’ industries vary from financial services to healthcare, hospitality, real estate, manufacturing, transportation, homebuilding, and more. Bilzin Sumberg is the firm of choice for international companies doing business in Florida, and is at the helm of many of the region’s exciting projects and most complex cases.

Main Areas of Practice:

Business Finance & Restructuring
Land Development & Government
Real Estate
Public-Private Partnerships
Tax & Wealth Preservation

Tax & Wealth Planning Overview:
Bilzin Sumberg’s private wealth services attorneys provide highly customised wealth preservation and estate planning services for high-net-worth individuals, families, and closely-held businesses, as well as family offices, non-profit organisations, fiduciaries, and trustees. The team helps domestic and international clients achieve familial succession, philanthropic, and asset preservation goals. Bilzin Sumberg also advises fiduciaries and beneficiaries in contested trust and estate matters.

Representative Matters:

Representation of multigenerational closely-held business in the structuring and implementation of a purchase and sale transaction. The complex transaction, which involved the creation of a series of partnership interests and a trust for family members, enabled us to preserve family wealth and facilitate management succession to subsequent generations.

Representation of family from Latin America in connection with various wealth transfer matters, including the minimization of estate, gift, and income taxes. Assets include real estate in Florida and the family’s home country, liquid investment assets in a U.S. brokerage account and interests in two Latin American companies that own real estate in Central America.

Representation of several Florida descendants with estates in excess of $1.6 billion involving complicated income and estate tax issues as well as heirship disputes.

Representation of various families in Central America regarding tax and business succession planning.

Representation of foreign families with respect to post-mortem planning for United States situs assets with United States tax exposure.

Representation of wealthy individual in the preparation of complex estate planning structures involving creating and funding limited liability company and selling a portion to a newly created and funded irrevocable trust in return for a self-cancelling promissory note (Sale to Defective Grantor Trust and SCIN), including review of gift tax returns.