H. Carter Hood - Ivins, Phillips & Barker, Chartered

H. Carter Hood

Listed in Best Lawyers since 2012
Phone: 202-662-3423

Carter provides tax advice and other guidance to domestic and foreign individuals and their closely held businesses. In addition to preparing wills and a wide variety of trusts, Carter has established family limited partnerships and limited liability companies and implemented the sale of family businesses to grantor and non-grantor trusts. He has administered estates, established private foundations, advised clients on pre- and post-nuptial agreements, provided post-mortem tax planning advice and represented taxpayers before the Internal Revenue Service in audits and appeals.

Representative Matters

Designed and implemented pre-IPO estate planning that used GST-tax exempt trusts, GRATs and other grantor trusts funded with carried interests in LLCs as well as traditional LLC interests. Worked extensively with real estate attorneys, securities attorneys, lenders, investment bankers and accountants to design an estate plan that would not interfere with the proposed IPO.

Prior to sale of French company owned through U.S. limited partnerships and LLCs, established GRATs to benefit children and a CLUT with the family foundation receiving the lead interest and a GST-exempt trust receiving the remainder. Worked with French attorneys and IRS to obtain reduced tax withholding rates for GRATs under U.S.-French Income Tax Convention. 

Helped U.S. beneficiary reduce income taxes after becoming successor beneficiary of foreign non-grantor trusts with decades of undistributed net income, as well as investments in foreign corporations that constituted PFICs, CFCs and/or FPHCs for U.S. income tax purposes.

Harvard UniversityAB 1991George Washington University School of BusinessHarvard Law SchoolJ.D. 1998
American College of Trust and Estate CounselGeorgetown University Law CenterBloomberg BNA Tax & Accounting

Office Location

1700 Pennsylvania Avenue, NW, Suite 600
Washington, DC 20006
United States

Practice Areas

Closely Held Companies and Family Businesses Law
Tax Law
Trusts and Estates (Estate Planning, Income Tax)