Current Estate and Income Tax Topics
About the Speaker:
Charles (Clary) Redd has a preeminent, national reputation for developing and implementing unique solutions to complex problems, resolving intra-family disputes efficiently and sensitively and providing practical advice for current and future generations.
Prior to joining the firm, Clary was a trusts and estates partner in two large law firms, a trust administrator at First Wisconsin Trust Company (now U.S. Bank, N.A.) in Milwaukee and an assistant counsel at Centerre Trust Company of St. Louis (now Bank of America, N.A.).
Deeply involved in the intertwined legal and practical aspects of wealth preservation and transmission, Clary works on complex estates, trusts and estate planning projects, some involving assets valued at over a billion dollars. Using his substantial expertise in resolving estate, gift, generation-skipping transfer and fiduciary income tax issues, he designs tax-efficient structures for high-net worth families and individuals. His experience in fiduciary litigation encompasses will and trust construction cases, will contests, contests of trust instruments, contested claims, breach of fiduciary duty cases and other types of cases involving estates and trusts.
Clary has been married for 41+ years, has four adult children of whom he is very proud and nine beautiful grandchildren who keep him young. He is an avid runner and cyclist, loves to tackle home and yard improvement and maintenance projects, and is a passionate, glass-pounding, face-painting St. Louis Blues hockey fan.
Clary has extensive experience in and knowledge regarding the drafting of wills, trust instruments, durable powers of attorney, marital agreements and other estate planning documents.
His tax counsel encompasses pre- and post-death tax planning for individuals, trusts and estates, preparation and filing of estate tax returns, gift tax returns and fiduciary income tax returns.
Clary represents individual and corporate fiduciaries in all aspects of estate administration, and resolves conflicts, including contentious litigation, in the Probate Division and other equity divisions of the Circuit Court.
He was the principal author and played a significant role in the enactment of the Missouri Family Trust Company Act.
As chairman of The Missouri Bar's Health Care Durable Power of Attorney Subcommittee, Clary played a significant role in the drafting and enactment of the Missouri Durable Power of Attorney for Health Care Act.
He is an elected member of The American Law Institute and a fellow of The American College of Trust and Estate Counsel, serving on several committees and having previously served as a Regent and as Missouri State Chair.
Clary was an adjunct professor of law (Estate Planning) at Northwestern University School of Law for fifteen years.
He serves as Co-Chair of the Editorial Advisory Board of, and writes a regular column in, Trusts & Estates magazine.
Clary speaks and writes frequently on topics in the trusts and estates field. Among his numerous nationwide speaking engagements, he is the lead presenter in Cannon Financial Institute's monthly estate planning teleconference series.