Holly A. Beecher
Family Wealth Planning Practice Group Leader, Phillips Lytle LLP
Years in current role: 2
What has been your biggest success over the past year?
Phillips Lytle LLP is making significant efforts to increase its attorney headcount and I was pleased to add Attorney Lucy M. Berkman to our group.
What are your expectations for the rest of this year?
For the trusts and estates area, we anticipate steady estate planning work through year end. No major estate tax law changes have been announced but with the impending decline in the federal estate tax exemption on Jan. 1, 2026, many clients are taking advantage of using lifetime gifting to maximize use of the current $12.06 million federal estate tax exemption.
What advice would you give someone starting a trusts and estates practice right now?
My recommendation would be to get involved in the local county bar association and the NYS Bar Association. Both have a wealth of resources to tap into as well as meeting other practitioners practicing in this field of law and geographically in your area.