David Shannon's practice at Faegre Baker Daniels focuses on wealth management, including estate planning, estate and trust administrations and succession planning for closely-held businesses. He has been a partner since 1996. While practicing at Faegre Baker Daniels, he has handled a wide variety of matters, including the following:
- The review, analysis and development of estate plans for high net worth individuals and the preparation of the wills, trust agreements and related documents necessary to implement such plans
The opening, administration, distribution and closing of large and complex estates
- The administration and distribution of large and complex trusts
- The preparation of federal and state estate tax returns and federal gift tax returns
- The preparation of federal and state fiduciary income tax returns for estates and trusts
- With other tax practitioners, negotiations with, and litigation against, the Internal Revenue Service involving certain federal estate and gift tax issues
- The review, analysis and development of succession plans for closely held businesses and the preparation of the documents necessary to implement such plans
- The representation of high net worth individuals in the negotiation, drafting and execution of antenuptial agreements