Media Mentions
2008
Henry "Terry" Christensen III was quoted in the November 11 issue of The New York Times about how the current economic crisis is causing people to question how much they should give to charity while alive and what to leave in their estate plan. ''Will I have enough to retire comfortably?'' and ''Do my spouse and children need a larger inheritance than I previously assumed?'' are among the issues distracting donors from philanthropy, leaving charity ''a second-class beneficiary,'' said Mr. Christensen.
Henry Christensen III, Private Client
Henry "Terry" Christensen III was quoted in the November 2 issue of The State about so-called qualified personal residence trust, or QPRT, which allows homeowners to live in a property for many years before passing it on to their heirs. He commented that McDermott has executed about 50 percent more QPRTs earlier this year than it did two years ago. Mr. Christensen says that the trusts are especially popular in California and Florida, where home prices have dropped the most.
Henry Christensen III, Private Client
Henry "Terry" Christensen III was quoted in the October 30 issue of The Wall Street Journal about so-called qualified personal residence trust, or QPRT, which allows homeowners to live in a property for many years before passing it on to their heirs. He commented that McDermott has executed about 50 percent more QPRTs earlier this year than it did two years ago. Mr. Christensen says that the trusts are especially popular in California and Florida, where home prices have dropped the most.
Henry Christensen III, Private Client
Carol Harrington, George Heisler, Henry "Terry" Christensen and Jonathan Lurie were quoted in the August/September issue of Private Wealth Magazine on McDermott's elite Private Client Department. "Within a law firm, a department or practice group needs to be successful vis-à-vis the other departments in order to be able to grow or receive capital when necessary," explained Mr. Heisler. "Our private client group is very strong internally, but I know lawyers at other firms who are not being permitted to build their groups because they're not deemed to be profitable enough," he added. Working in estate planning, one needs not only technical skills, but people skills as well. "The single most important factor in estate planning is understanding your clients and having a genuine concern for them...," Mr. Lurie said.
Henry Christensen III, Carol A. Harrington, Quentin G. Heisler Jr., Jonathan C. Lurie, Private Client
2007
Henry "Terry" Christensen III was mentioned in the November 14 edition of The Wall Street Journal for joining McDermott and his continued representation of long term client, Maurice R. "Hank" Greenberg, the former American International Group Inc. chief executive. Mr. Greenberg commented that Mr. Christensen is a "man of integrity and loyalty."
Henry Christensen III, Private Client
Henry Christensen III was mentioned in the November issue of Private Wealth for joining and heading McDermott’s private client practice in New York.
Henry Christensen III, Private Client
Henry Christensen III was mentioned in the October 22 issue of The New York Sun for being honored at the the 20th anniversary of the Prospect Park Alliance.
Henry Christensen III, Private Client
Henry "Terry" Christensen III was mentioned in Bloomberg on July 23, the July 25 editions of The Wall Street Journal and the New York Law Journal and the August 13 edition of Crain's New York Business for joining McDermott’s Private Client Department in New York.