Law firm McLaughlin & Stern LLP has grown its private client law capabilities by acquiring Krass, Snow & Schmutter, P.C.'s Estates group. This move increases the legal services offered in estate planning and administration.
McLaughlin & Stern, a trusted partner to clients navigating complex personal, financial, and philanthropic decisions, has announced the acquisition of Krass, Snow & Schmutter, P.C., a boutique law firm recognised for its private client work.
Geoffry R. Handler, Managing Partner of McLaughlin & Stern, stated that the acquisition aligns with the firm's vision to build the most comprehensive private client practice in New York. The services of McLaughlin & Stern will now be available to clients in New York and beyond.
Stephen J. Krass and Lee A. Snow, partners at Krass, Snow & Schmutter, have joined McLaughlin & Stern as Partners. Mr. Krass expressed that joining McLaughlin & Stern offers broader resources and interdisciplinary support.
Paul C. de Freitas and Walter W. Regel have also joined McLaughlin & Stern as Of Counsel. Their work in estate planning, trusts and estates administration, and tax law complements and expands the services offered by McLaughlin & Stern.
The acquisition adds nationally recognised boutique expertise in trusts and estates, significantly broadening McLaughlin & Stern’s offerings in estate planning, trust administration, and related private client matters. This strategic move deepens McLaughlin & Stern’s presence in New York’s highly competitive trusts and estates legal market.
The expanded services now likely include more comprehensive estate planning, fiduciary representation, trust and estate litigation, and wealth transfer strategies, reflecting the specialized focus of Krass, Snow & Schmutter’s practice.
Lee A. Snow shared that the acquisition allows them to represent clients more fully due to the scale and talent of McLaughlin & Stern. The attorneys from Krass, Snow & Schmutter bring exceptional technical skill and deep, trusted client relationships.
McLaughlin & Stern strengthens its expertise across estate and tax planning, estate administration, exempt organisation compliance, and cross-border wealth strategies with this acquisition. The combined experience of the attorneys from Krass, Snow & Schmutter will enhance McLaughlin & Stern's ability to counsel high-net-worth individuals and families, business owners, and philanthropic institutions.
[1] Source: McLaughlin & Stern Press Release, [Date] [3] Source: Krass, Snow & Schmutter Press Release, [Date]
The acquisition of Krass, Snow & Schmutter by McLaughlin & Stern expands their services to include more comprehensive estate planning, trust and estate litigation, wealth transfer strategies, and may also offer new business opportunities. With their increased expertise in tax planning, estate administration, exempt organization compliance, and cross-border wealth strategies, McLaughlin & Stern aims to better serve high-net-worth individuals, business owners, and philanthropic institutions.
