Katz Barron Squitero Faust | Attorneys


	Frank T. Adams Member Phone: (954) 522-3636 E-mail: fta@katzbarron.com Fax: (954) 522-5119 Frank Adams is a Fellow in the American College of Trust and Estate Counsel. He is an AV-rated attorney, and is Board Certified in Wills, Trusts and Estates. Frank practices primarily in sophisticated estate planning and administration, including wills; revocable and irrevocable trusts; probate; estate, gift and generation-skipping taxation; probate litigation; planning for charitable contributions and charitable foundations; asset protection planning; and planning for distributions from IRAs and other qualified retirement plans. His experience also includes planning for closely held businesses, including formation, operation and planning for the dissolution or sale of all types of business entities. In business planning, Frank also assists families in succession of ownership and control matters and the drafting and implementation of buy/sell agreements. Frank also counsels individuals concerning prenuptial and postnuptial agreements. Areas Of Practice: Trusts and Estate Planning Estate Administration and Probate Asset Protection Planning Business Continuation Planning Will Contests Charitable Trusts and Foundations Negotiating and Drafting Marital Agreements Corporate and Business Planning Representative Experience Primary responsibility for all aspects of the administration of decedents' estates, including preparation of Federal tax returns and the audit of those returns by the Internal Revenue Service. Some of those estates have been as great as $75 million and owned assets as diverse as a controlling interest in a publicly traded company, a stable of thoroughbred race horses, and the copyright interests of a major American playwright. Preparation and implementation of estate plans for individuals and families with both U.S. and foreign situs assets. Those plans involve planning for minimizing income, estate, gift and generations-skipping tax. The assets owned by those individuals and families encompass almost every type of asset, and have ranged in value to more than $1 billion. Charitable planning for families, obtaining tax-exempt status for the entities established and representation of the resulting private or public charities. Significant experience in obtaining tax-exempt status for religious and educational institutions and foundations in support of hospitals, and the subsequent representation of those entities. Representation of beneficiaries in will contests, construction proceedings, and actions to amend, reform or terminate trusts or replace trustees. Significant experience in representing corporations and their shareholders in business succession and continuation planning, often involving complex issues of valuation. Certifications/Specialties: Board Certified Wills, Trusts and Estates Lawyer, Florida Board of Legal Specialization and Education Fellow, American College of Trust and Estate Counsel Bar Admissions: Florida, 1979 Ohio, 1978 Education: University of Miami School of Law, Coral Gables, Florida, 1979 LL.M., in Estate Planning University of Toledo College of Law, Toledo, Ohio, 1978 J.D. Indiana University, Bloomington, Indiana, 1975 A.B. Published Works: Divorce: A Window for Estate Planning Opportunities, Co-author, Tax Management Memorandum, Vol. 41, No. 10, May 8, 2000 Practice Under Florida Probate Code, First Edition, Chapter on Management of Decedent's Property, The Florida Bar, 1994, (Also, Second Edition, 2000 and Third Edition, 2002) Make Your Second Home Do Double Duty (Qualified Personal Residence Trusts), Financial Executive, July/August, 1994 Tax Reform Act of 1986: Moves to Eliminate Income Tax Shifting and Deferral of Payments, Florida Bar Journal, February, 1987 Estate Planning for the Elderly, Trusts and Estates, February, 1986 Florida Will Manual, Blakemore & Gathright Classes/Seminars Taught: Lecturer, Masters of Law Programs in Estate Planning and in Tax, University of Miami School of Law Speaker, Numerous seminars on estate tax, estate planning and probate administration, The Florida Bar Continuing Legal Education Committee Speaker, "Tax Benefits of Section 529 and Other Educational Savings Plan", Estate Planning Council of Broward County, Inc. Professional Associations and Memberships: American Bar Association (Tax Section and Real Property, Probate and Trust Law Sections) The Florida Bar (Tax Section and Real Property, Probate and Trust Law Sections) The Florida Bar (Probate Rule Committee) The Florida Bar (Wills, Trusts and Estates Law Certification Committee; Chairman) Estate Planning Council of Greater Miami; Director, 1998 - 2000 Estate Planning Council of Broward County; Director, 2002 - present Planned Giving Council of Greater Miami Dade Foundation; Professional Advisory Committee Nova University; Planned Giving Council Foundation of Jewish Philanthropies of Greater Miami Jewish Federation; Chairman - Professional Advisory Committee, 1997 - 1998 Baptist Hospital Foundation; Planned Giving Council Birth Information July 2, 1953, Cincinnati, Ohio