Kate Heptig provides counsel in transactional practice areas, including tax law, corporate and partnership matters, executive compensation and employee benefits issues. She advises individuals and businesses in connection with corporate operations and reorganizations; sales and acquisitions of businesses; corporate distributions, redemptions, liquidations and spin-offs; executive and deferred compensation arrangements; equity, incentive, change of control, severance, retention and other similar types of plans and arrangements; employment agreements; shareholder agreements; partnership and/or joint venture organizations and transactions; internal corporate governance; commercial contracts; and audit and other tax controversy matters. Kate also advises not-for-profit corporations on matters regarding formation, incorporation and securing tax-exempt status, and on ongoing operational issues and corporate governance.
How do you view your role as counsel in client relationships?
As a tax practitioner I think my primary role is to think creatively, especially when structuring things on the front-end, whether it’s a business transaction or an individual’s tax planning. My goal is always to maximize the economic value of what my client is doing while minimizing their tax impact. I try to get a good understanding of all of the elements to be considered in a particular situation and to impress upon my clients that the best outcome for them depends, in large part, on their input and our collaboration together, as a team. A personalized approach is so important. I want my clients to know that when I am working with them, I am focused on their specific needs, their unique challenges and their particular goals.
“Success for me is to be out in front with really creative and novel approaches, finding new ways to address universal challenges, and maximizing value for our clients.”
Why should clients choose Farrell Fritz?
The breadth of our tax practice, alone, is fairly unique among our competitors. The practitioners within the group have really diversified experiences; we each bring a unique perspective and different strengths to the table. We also do a good job supporting the other departments here by helping our colleagues understand how to be tax efficient, whether it’s structuring a settlement, creating a business succession strategy or putting together an estate plan. Plus, the firm as a whole has such a strong community and charitable focus. We care about where we live, and we’re all invested here, both personally and professionally.