Current Employment Position(s)

Partner

Lawyer Overview

Named the Honolulu Best Lawyers Trust and EMary Jane Connell is a partner in the firm's Honolulu office and is a member of the Tax, Estate Planning & Wealth Management practice group.  She concentrates her practice on estate planning and probate, and charitable organizations.

Representative Matters

Multi-Generational Estate Planning Prepared trusts for multi-generations of business families, several with over $100 million in combined assets. Drafted documents to allow for transfer of wealth to future generations with maximum tax savings and to ensure family control of assets taking into account potential marriages, deaths, or divorces.

Estate Planning Prepares estate plans for individuals ranging from those with complex multimillion dollar estates to those with much more modest assets. Clients have included residents of various jurisdictions including the U.S., Guam, Saipan, American Samoa, and Japan.

Probate Administers probates ranging in size from $1 billion down. Work includes helping to obtain values for estate assets, advising clients on estate tax issues, and handling ancillary probates for decedents who are not residents of Hawaii. Practice emphasizes the resolution of the complex issues that arise when non-resident aliens own property in America, clarifying multi-jurisdictional issues arising when decedents own property in more than one state or country.

Trusts Represents trusts worth millions of dollars. Regularly advises the trustees on issues relating to fiduciary duties and proper management of trust funds, provides day-to-day operations advice, handles petitions for instructions to the probate courts, and petitions for accountings. Work includes advising both trustees and beneficiaries of their rights under the trust agreement.

Trust Litigation Has represented both trustees and beneficiaries in disputed accountings and other cases.

Tax Exempt Organizations Drafts all corporate or trust documents and applications with the Internal Revenue Service to create public charitable trusts, private foundations, and non-profit corporations. Work includes obtaining the determination letter from the IRS office, advising the officers and directors about the proper operation of the entity in order to maintain tax exempt status, obtaining exemption from Hawaii General Excise Tax, and assisting with non-profit status requirements such as grant selection procedures, audits, and interpretation of rules.

Publications/Speeches

Co-author of two books dealing with the drafting of wills and trusts and estate planning tax issues. Ms. Connell has lectured for various organizations on international estate planning, estate and gift tax issues, will and trust drafting and related issues.
tates Lawyer of the Year for 2010

Affiliations

• Hawaii State Bar Association
• Hawaii Judiciary Committee
• Board of Regents and Fellow - American College of Trust and Estate Counsel

Distinctions

• Highest "AV" Professional Rating, Martindale-Hubbell Law Directory
• The Best Lawyers in America 2010 in the field of Trusts and Estates (Copyright 2009 by Woodward/White, Inc., of Aiken, S.C.)
• Named the Honolulu Best Lawyers Trust and Estates Lawyer of the Year for 2010

Areas of Practice

• Probate
• Tax, Estate Planning & Wealth Management

West Practice Categories

Non-profit & Tax-exempt Organizations, Estate Planning, Probate & Estate Administration

Bar Admissions

• Hawaii
• U.S. Federal Courts

Classes and Seminars

• Lecturer, Estate Planning, Estate and Gift Tax Issues

Education

• Fordham University School of Law, New York, New York
  J.D.
  Honors: cum laude
• Northwestern University, Evanston, Illinois
  M.A.
  Major: Theater
• University of Michigan, Ann Arbor, Michigan
  B.A.
  Major: Speech and Drama

Fraternities/Sororities

• Alpha Omicron Pi

Published Works

• Wills, Trusts, and Estate Planning Tax Issues, (Co-Author)

Address

ASB Tower
Suite 2200
1001 Bishop Street
Honolulu, HI 96813

Phones

808-523-2510

Faxes

808-523-0842

Emails

Contact Us

Websites

http://www.carlsmith.com