Richard J. Duffy is a partner of McLaughlin & Stern LLP and a member of the firm’s Trusts & Estates Practrice.
He focuses his practice on estate planning, estate administration, trust administration and not-for-profit organizations. Mr. Duffy has extensive experience advising high net worth individuals and families on wide-ranging estate planning opportunities and advising their closely-held businesses and family foundations.
Mr. Duffy works with global banks and trust companies, counseling them on a variety of complex and challenging aspects of trust and estate administration, as well as fiduciary litigation.
Mr. Duffy’s clientele includes senior management and retired senior management of Fortune 100 companies, managing directors of top tier investment banking firms, partners of multibillion dollar private equity firms and hedge funds, entrepreneurs, business owners and professionals. He also advises private foundations on diverse matters including formation, grant-making, governance issues, fiduciary duties, dissolutions and individual liability.
Mr. Duffy works closely with his clients’ family offices, financial, tax and insurance advisors, investment bankers, private bankers, accountants and trust officers in implementing practical and creative solutions on behalf of his select clientele.
Mr. Duffy co-authored an article with Avery Tucker Fontaine “Is Philanthropy the Right Word Anymore? New Approaches for Donors and Their Advisers” which was published by Thomson Reuters in Taxation of Exempts in January/February 2020.
Mr. Duffy has lectured on topics relating to estate planning before various organizations and groups such as AARP, New York University Financial and Estate Planning Symposium, securities firms, financial, services firms, religious organizations, summer day camp and private school owner associations, annual conferences for human resource directors and in-house general counsels, and medical societies.
- New York
- Case Western Reserve University School of Law, J.D.
- Marietta College, B.A.
- New York State Bar Association
- Florida Bar Association
- Selected for inclusion in, the Super Lawyers® – Metro New York Edition (Estate & Probate) for many years.