Elise J. McGee advises high-net-worth individuals and business owners on all aspects of wealth-transfer planning, including estate and trust administration, leveraged wealth-transfer techniques, tax matters, real estate transactions and closely held business matters.
Elise has extensive experience working with owners of closely held businesses to develop governance and succession plans, and on corporate, tax and compliance matters relating to those businesses. She also advises clients on the formation and operation of family offices and private trust companies. Elise has worked with state regulators to develop customized private trust company structures for clients. She has analyzed SEC and regulatory compliance issues facing private trust companies in multiple jurisdictions, and has helped clients develop policies and procedures for their private trust companies.
Elise has also advised clients, including registered investment advisers and multi-family offices, on establishing and transitioning trusteeship to retail trust companies.
While in law school, Elise was an executive editor for The Michigan Journal of Race & Law. Prior to law school, she worked as a senior research analyst for Lexecon, where she performed research and statistical analyses focusing on the application of economics to litigation.
Developed and negotiated a complex $450 million transaction that accomplished the client’s objectives of building a large commercial project while also obtaining approximately $150 million in estate tax savings
Created multiple complex private trust companies, each serving as trustee of trusts having more than $1 billion in assets
Lead a team in restructuring a multimillion-dollar closely held operating business, whereby multiple subsidiaries merged into new or existing entities and almost all of the operating business’s assets were sold to one of its subsidiaries
Prepared a $100 million Internal Revenue Code § 2701 freeze partnership structure for the client and her family members
Reached a favorable estate tax deficiency settlement with the Internal Revenue Service (IRS) related to a multi-party will construction action and beneficiary settlement agreement for a $75 million estate
Assisted a client in developing a complex $120 million charitable transaction involving a Net Income with Makeup Charitable Remainder Unitrust (NIMCRUT)
Worked with a client on acquiring a $20 million aircraft while maintaining client’s privacy
Do not send any information or documents that you want to have treated as secret or confidential. Providing information to McDermott via email links on this website or other introductory email communications will not create an attorney-client relationship; will not preclude McDermott from representing any other person or firm in any matter; and will not obligate McDermott to keep confidential the information you provide. McDermott cannot enter into an attorney-client relationship with you until McDermott has determined that doing so will not create a conflict of interest and until you and McDermott have entered into a written agreement or engagement letter that sets forth the terms of our relationship.