Overview

Harmon is an estate planner who has shepherded generations of families through the wealth planning labyrinthine. He is unflustered by the complicated family dynamics often associated with these matters and finds innovative ways to mitigate them in a timely and tactful manner.

Harmon’s nationwide practice has helped clients plan for the transfer of their assets in a tax efficient and practical way. He has participated in a multitude of family meetings to develop, design and implement family estate planning. Harmon’s goal is to provide clients with clarity about their options and work closely with them and their other professional advisors to develop an integrated estate plan.

Harmon focuses on advising business owners in management and ownership succession. This practice often involves restructuring the business entity, creating incentive compensation plans for management, designing voting arrangements, and creating wealth transfer vehicles. After devising these plans, Harmon acts as a hands-on adviser for these clients to fine-tune them and insure they are properly implemented.

  • Experience

    • Led the successful transition of ownership and control of several multi-generational family businesses.The projects involved planning for the transfer of equity interests, management succession and trust design.
    • Worked with a family on the design of a business entity to receive assets on the termination of a trust worth in excess of $1.5 billion.
    • Assisted several families to individually design trusts to manage assets with investment advisors, business operation managers and trustees.
    • Successfully represented multiple clients with the Internal Revenue Service on complex valuation and transfer tax issues.
    • Advises numerous families on wealth transfer techniques, including regular follow-up to insure proper implementation and strategic changes due to updated market conditions.
    • Advises several charitable entities as general counsel dealing with issues related to policies and procedures, management and compliance.
  • Credentials

    Education

    • DePaul University College of Law, LL.M., Taxation, 1984
    • University of California - Los Angeles - School of Law, J.D., 1979
      Order of the Coif
    • University of California - Los Angeles, B.A., Economics and Political Science, 1976, summa cum laude
      Phi Beta Kappa

    Bar Admissions

    • Illinois
    • Hawaii
        • U.S. Tax Court
        • Insights

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          News Release

          Best Lawyers Recognizes 59 Schiff Attorneys, Six “Lawyers of the Year,” and 21 Ones to Watch

          Schiff Hardin LLP is pleased to announce that 59 attorneys have been listed in the 2021 edition of The Best Lawyers in America, with six attorneys also being named a “Lawyer of the Year” in their respective areas of practice and location.

          Event

          Planning In A Low Interest Rate Environment

          Hawaii Estate Planning Council

          Location:
          Webinar
          News Release

          Eighty-Eight Attorneys Named to 2020 Leading Lawyers

          Schiff Hardin LLP is pleased to announce that 88 attorneys have been named to the 2020 Leading Lawyers list.

          News Release

          2020 Best Lawyers in America Lists Recognizes 63 Attorneys, Three “Lawyers of the Year”

          Schiff Hardin LLP is pleased to announce that 63 attorneys have been included in the 2020 edition of The Best Lawyers in America, with three attorneys also being named a “Lawyer of the Year” in their respective areas of practice.

          News Release

          2019 Leading Lawyers Lists Recognize 95 Schiff Attorneys

          Schiff Hardin LLP is pleased to have 95 attorneys named to the 2019 Leading Lawyers list.

          News Release

          61 Schiff Attorneys Named to 2019 Best Lawyers in America List and Six Recognized as “Lawyer of the Year”

          Schiff Hardin is pleased to announce that 61 attorneys have been included in the 2019 edition of The Best Lawyers in America, as well as six who were named a “Lawyer of the Year” in their respective areas of practice.

          News Release

          95 Schiff Hardin Lawyers Named to 2018 Leading Lawyers Lists

          Ninety-six Schiff Hardin lawyers have been named to the 2018 Leading Lawyers lists for Illinois and Michigan.

          News Release

          Schiff Hardin Lawyers Named to 2018 The Best Lawyers in America

          Schiff Hardin is pleased to announce that five attorneys have been named a “Lawyer of the Year” in the 2018 edition of The Best Lawyers in America©.

          News Release

          99 Schiff Hardin Attorneys Named to 2017 Leading Lawyers List

          Ninety-nine Schiff Hardin lawyers have been named to the 2017 Leading Lawyers list for Illinois and Michigan.

          News Release

          53 Schiff Hardin Attorneys Recognized in The Best Lawyers in America© 2017

          Three Schiff Hardin attorneys also received the prestigious Best Lawyers’ 2017 “Lawyer of the Year” award.

          Speeches & Presentations

          Harmon regularly presents topics to tax planning conferences, estate planning councils and professional advisor groups relating to sophisticated transfer planning techniques.

          • “Planning In A Low Interest Rate Environment,” (co-presenter) Hawaii Estate Planning Council (Jul. 23, 2020)
          • “Twenty Common Estate Planning Mistakes,” (co-presenter) Hawaii Estate Planning Council (Oct. 22, 2015)
          • “The Ins and The Outs of Planning with Family Limited Partnerships and Family Limited Liability Companies,” (co-presenter) 2015 AICPA – Advanced Estate Planning Conference, Salt Lake City, UT (Jul. 21, 2015)
          • “Planning In 2015,” Merrill Lynch Wealth Management - Saracco Hochuli Group (Jan. 29, 2015)
          • “Twenty Common Estate Planning Mistakes,” Bank of Hawaii (Jan. 26, 2015)
          • “Twenty Common Estate Planning Mistakes,” First Hawaiian Bank (Jan. 26, 2015)
          • "Estate Planning in 2014," Bank of Hawaii (Jan. 31, 2014)
          • "Estate Planning in 2014," First Hawaiian Bank (Jan. 29, 2014)