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Richard J. Duffy joined Phillips Nizer LLP in January 2010 as a partner in the Trusts & Estates Department. A member of the Firm's Private Clients Group, he focuses his practice on estate planning, administration of estates and trusts, not-for-profit organizations and corporate law. Mr. Duffy has extensive experience advising wealthy individuals and families on wide-ranging estate planning opportunities and advising their closely-held businesses and family foundations.
Mr. Duffy's clientele includes senior management and retired senior management of Fortune 500 companies and emerging companies, managing directors of top tier investment banking firms, partners of multibillion dollar private equity firms and hedge funds, entrepreneurs, professionals and celebrities.
Mr. Duffy also advises public and private charitable organizations and for-profit businesses on diverse matters including formation, transactions, governance issues, fiduciary duties and individual liability. He works closely with his clients' family offices, financial, tax and insurance advisors, investment bankers, accountants and trust officers in implementing practical and creative solutions on behalf of his select clientele.
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. He has authored several articles, including, "Grantor Retained Annuity Trusts: A Win-Win Situation For Taxpayers, Now More Than Ever," published by RIA – Estate Planners Alert (February 2002) and "For the Record: Avoiding Legal Conflicts at Camp," published by Camp Business (September/October 2008).
Mr. Duffy earned his law degree from Case Western Reserve University School of Law and his undergraduate degree from Marietta College. Admitted to practice in New York and Florida, Mr. Duffy is listed in the 2008 Marquis Who's Who in American Law. He was selected as a "Super Lawyer" for 2011 in Estate Planning & Probate in the Metro New York area.
Professional Memberships:
- New York State Bar Association
- Florida Bar Association
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