Karen Schiele

Karen Schiele is a Partner specializing in Trusts and Estates at Carter Ledyard & Milburn LLP, a law firm based in New York City.12 She focuses her practice on estate planning, trust and estate administration, and charitable giving.1

Areas of Expertise

Karen's expertise includes:

• Intergenerational wealth transfer
• Income, gift, estate, and generation-skipping tax issues
• International tax considerations
• Fiduciary litigation
• Negotiation of prenuptial and postnuptial agreements
• Formation and tax advice for private foundations and tax-exempt organizations1

Client Base and Approach

Karen serves high-net-worth individuals in the greater New York City area, particularly those who have accumulated wealth through inheritance or careers in financial services such as banking, private equity, and hedge funds.1 Her approach to client service is characterized by:

• Careful listening and asking probing questions
• Identifying clients' true concerns and preferences
• Making clients feel comfortable and being highly responsive
• Treating clients with great respect
• Communicating complex legal concepts in understandable terms1

Professional Qualities

Karen is known for her:

• Sharp analytical skills
• Strong writing ability (she authors monthly updates on tax law)
• Diligent monitoring of regulatory and tax landscape changes
• Sensitivity to family dynamics in legal matters
• Calming personality and steady approach to challenging situations1

Karen's background in economics and corporate tax law enhances her ability to serve clients effectively in the complex field of trusts and estates.1