Current Employment Position(s)

Of Counsel

Lawyer Overview

Lorraine Klevansky concentrates in the area of pension law. Her practice has included service as legal advisor and consultant with a national employee benefits consulting company and as partner in a local pension consulting and actuarial firm. Ms. Klevansky is a member of the Hawaii Bar Association and has been practicing law since 1979.

Examples of her recent experience include:

Qualified Retirement Plan Design Advise employers on the most suitable structures and design features for their employee retirement program, in light of their company goals and policies, employee patterns, and industry practices. Prepare plan documents and summary plan descriptions.

ERISA and IRS Compliance Issues Advise employers on such matters as: testing for nondiscrimination in contributions, benefits, coverage and participation; controlled group issues; IRS and Pension Benefit Guaranty Corporation reporting requirements; ERISA disclosure requirements; and the qualification of domestic relations orders.

Plans in Company Purchases and Sales Advise on financial and legal implications of such a transaction with regard to the qualified plans of the companies involved, and whether to continue, modify or terminate such plans.

Tax Deferred Annuities Advise qualified tax exempt organizations on tax, fiduciary and ERISA law compliance.

Plan Compliance Problems Advise employers on self correction methods with regard to limited problems, and represent employers with more extensive compliance matters before the IRS.

Employee Welfare Plans Prepare summary plan descriptions, salary deferral agreements, and other employee disclosure documents for cafeteria, health and other welfare plans.

Areas of Practice

• Tax, Estate Planning & Wealth Management
• ERISA & Employee Benefits
• Pension & Profit Sharing

West Practice Categories

Business Organizations, Pensions, Benefits & Compensations -- Employee, Pensions, Benefits & Compensations -- Employer, Employee Retirement Income Security Act (ERISA) -- Employee, Employee Retirement Income Security Act (ERISA) -- Employer, Taxation Law, Government Agencies & Programs

Bar Admissions

• Hawaii
• Washington

Professional Associations and Memberships

• Hawaii State Bar Association (Member)
• Washington State Bar Association (Member (Inactive))

Education

• Santa Clara University School of Law, Santa Clara, California
  J.D.
• University of Pennsylvania, Philadelphia, Pennsylvania
  B.S.
• Stanford University, Stanford, California
  M.A.

Address

ASB Tower
Suite 2200
1001 Bishop Street
Honolulu, HI 96813

Phones

808.523.2514

Faxes

808.523.0842

Emails

Contact Us

Websites

http://www.carlsmith.com