Estate Planning; Private Client; Wealth Transfer Litigation; Probate and Trust Administration; Personal Tax Planning; Nonprofit and Tax-Exempt Organizations
Terry is a partner in the Private Client and Estate Planning practice groups. He focuses principally in the areas of:
Nonprofit organizations law
Terry’s practice is divided between trusts and estates and nonprofit organizations. The former includes estate planning, drafting wills and trusts, estate administration, trust administration, and preparation of related federal income and estate tax returns. He advises clients of relevant income, estate, gift and generation-skipping transfer tax considerations, plus other excise taxes which may apply to a client’s plans for transferring assets to family or other beneficiaries.
He also does substantial work with tax-exempt charitable entities, most of which are organized for educational, religious and health care purposes.
Terry was elected a Fellow of the American College of Trust and Estate Counsel by its Board of Regents. Election involves a rigorous nomination and review process, and requires demonstrated excellence in trust and estate law, and significant contributions to the profession. The 2014 Best Lawyers in America named Terry its Trusts and Estates "Attorney of the Year" for Minneapolis.