Richard C. Smith with Jennings, Strouss & Salmon Attorneys at Law in Phoenix, Arizona

Richard C. Smith Member

P: 602.262.5972
F: 602.495.2678
L: Phoenix

Richard Smith counsels high net worth individuals, families and closely-held companies on business, tax, and succession planning, including merger and acquisition transactions. Mr. Smith also has a wide-range of experience in all facets of employee benefits, compensation and ERISA matters, which encompasses the design, implementation and operation of retirement plans, non-qualified deferred compensation, executive compensation, profit sharing, and incentive stock option plans. In the area of estate planning, he advises clients on the implementation of complex estate plans, including the drafting of wills, various types of revocable and irrevocable trust agreements, family partnership agreements and other related matters. In addition, Mr. Smith's has extensive experience with all types of 501(c)(3) filings. He has received designation as a Certified Public Accountant (CPA) in Arizona.

Representative Engagements

  • Handled various tax and ERISA aspects of securitization of mortgage loans and real estate assets owned by various entities controlled by our client. ERISA issues were related to potential prohibited transactions that could occur because the qualified plans controlled by related parties had loaned funds to the entities selling their assets
  • Handled a major ESOP and tax audit for a client resulting in a reduction in the amount proposed by the IRS to be due by approximately $400 million and the continued qualifications of the ESOP

Articles, Publications and Presentations


Honors, Appointments and Awards


Professional Affiliations

  • American Bar Association
    Taxation Section, Member
    Employee Benefits Committee
  • State Bar of Arizona
    Tax Section, Member
  • Maricopa County Bar Association
  • Arizona Tax Research Association
    Board Member
  • Valley Estate Planners
  • Paradise Valley National Bank
    Advisory Board, Member

Admitted to Practice

  • Arizona, 1974
  • Pennsylvania, 1971, Inactive

Education

  • J.D., Syracuse University College of Law, 1971
    summa cum laude
  • B.A., Queens College of the City, University of New York, 1967