Dan Young

Member

Dan focuses his practice on estate planning, trust and estate administration, business succession planning, and general and complex corporate and other entity matters.  He has a broad range of experience in helping clients develop and implement both simple and complex estate planning techniques. Dan has advised business owners on the transfer ownership to family members, co-owners, employees, and third parties. Having a farming background enables Dan to have an acute understanding of issues involving with farm succession planning.

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Bio

Dan focuses his practice on estate planning, trust and estate administration, business succession planning, and general and complex corporate and other entity matters.  He has a broad range of experience in helping clients develop and implement both simple and complex estate planning techniques. Dan has advised business owners on the transfer ownership to family members, co-owners, employees, and third parties. Having a farming background enables Dan to have an acute understanding of issues involving with farm succession planning.

Experience

  • Develops and implements both simple and complex estate and business succession planning that may include minimizing taxes, avoiding conflict among family members, and creditor protection for family members
  • Represents individual and corporate fiduciaries in the administration of estates and trusts, including preparation of estate tax returns and representation on Internal Revenue Service audits
  • Drafts wills and trusts, including revocable, irrevocable, life insurance, special needs, and generation-skipping trusts
  • Advises clients with respect to strategic gifting and estate planning to reduce gift and estate taxes and the preparation of gift tax returns reporting succession plans
  • Creates family limited partnerships and limited liability companies for business succession planning
  • Represents executors and trustees in litigation matters involving trusts and estates
  • Advises trustees in carrying out duties to comply with the terms of the trust and applicable law
  • Advises clients with IRAs, 401Ks, and other tax deferred beneficiary designations
  • Represents businesses in connection with entity formation, ownership agreements, and disputes
  • Forms non-profit entities, including public charities and private foundations, and prepares applications for tax-exempt status
  • Assisted with adoption of the Uniform Trust Code and Uniform Power of Attorney in Arkansas

Honors

Best Lawyers of America – Trusts and Estates

Mid-South Super Lawyers – Estate & Probate

Mid-South Super Lawyers – Rising Star

Arkansas Business “40 Under 40”

 

Affiliations

American College of Trust and Estate Counsel (ACTEC) Fellow; Employee Benefits in Estate Planning Committee

American Bar Association-Real Property, Trust and Estate Law Section

Arkansas Bar Association- (Former Member, House of Delegates), Probate and Trust Section (Past Chairman), Tax

Pulaski County Bar Association, (Former Member, Board of Directors)

Central Arkansas Estate Planning Council (Past President)

VOCALS (Volunteer Organization for Central Arkansas Legal Services)

Arkansas State Board of Licensure for Professional Engineers and Professional Surveyors (Past President)

The Rotary Club of Little Rock (Club 99)

Care Link, Board of Directors

Monsignor Allen Trust and Development Fund for Our Lady of the Holy Souls Catholic School (Former Trustee)

Arkansas Arts Center Contemporaries

Leadership Greater Little Rock Class XXIV

Omicron Delta Kappa

Golden Key National Honor Society, Phi Kappa Phi

Education

University of Florida, Master of Laws (Taxation)

University of Arkansas, Juris Doctor (honors)

University of Tennessee, Bachelor of Science, magna cum laude

 

Admissions

Arkansas