Coan, Payton & Payne, LLC is pleased to announce that Richard M. Hess, Jr. has been promoted to equity member in the firm. Mr. Hess’ practice emphasizes wealth preservation and transfer, family philanthropy and the related fields of succession and exit planning for closely-held businesses and professional practices. He assists business partners, entrepreneurs, professional practices, individuals, and family groups in preserving and facilitating the transfer of wealth as well as managing inter-generational philanthropy.
Mr. Hess’ practice includes the subspecialties of estate planning; estate and gift tax planning; estate and trust administration; charitable/philanthropic planning (including charitable trusts and private foundations) and tax-exempt organizations.
He lectures frequently to groups of professionals and the public on a range of topics relating to estate planning, estate and gift taxation, estate administration, business planning, professional practice organization and asset protection.
Mr. Hess is an active member of many community organizations. He is a member of the Board of Directors of Belay Enterprises and is active in the Colorado Bar Association, Denver Bar Association, the Rocky Mountain Estate Planning Council and the Downtown Denver Partnership. He is the immediate past President of the Board of Directors of Belay Enterprises, a former member of the Board of Directors of the Crestmoor Community Association (Crestmoor Swim and Tennis Club) and Treasurer of the Graland Country Day School Parent’s Association. He previously served as President of the Wednesday’s Child Foundation, President of Mountain International Exchange and President of Curious Theater Company.
Mr. Hess is rated as a Martindale-Hubbell AV® Preeminent™ attorney and has been recognized by The Best Lawyers in America© for his work in trust and estates for eight consecutive years.