“I enjoy the challenge of designing a tax-efficient plan or business structure that achieves a client's business and family goals. My clients are more than just file numbers to me. Many times they are friends and associates who I have met through my involvement in community and professional associations.”
As a member of the firm’s Tax, Retirement Plans, Employee Benefits, Estate Planning, and Estate & Trust Administration practice groups, Arnold Sherman focuses his practice on the areas of tax and business planning, and estate planning and probate administration matters. He has extensive experience in negotiating, structuring and documenting business contracts, tax-deferred exchanges and wealth preservation structures.
Arnie’s knowledge and familiarity with how businesses work make him especially adept at understanding and responding to the needs of his business clients. He is diligent in keeping himself apprised of current tax laws and continually works to provide his clients with the most tax-efficient business structure. At the same time, Arnie’s sincerity and sensitivity to family issues has helped him successfully advise clients on succession planning during difficult and emotionally draining times.
As a result of his practice in interrelated disciplines, Arnie can clearly and in plain English explain intricate, and sometimes apparently disparate, concepts to his clients. This permits him to design a comprehensive plan that is understood by the client and which is responsive to the client’s business, and, if applicable, personal concerns. His areas of practice and approach to working with his clients have allowed him to effectively advise individuals and closely held business entities on business and succession planning issues, as well as to provide counsel to larger business entities in conjunction with their more complex business structures and transactions.
District of Columbia
LL.M., New York University School of Law, 1977
J.D., Northwestern University School of Law, 1974
B.A., New York University, 1971
Mediation Training, Maryland State Bar Association
- Certificate of Completion of 40-Hour Basic Mediation Training, 2012
Best Law Firms – U.S. News & Best Lawyers
- Tier 2 National Ranking for Trusts & Estates
- Tier 1 Metropolitan (D.C. area) Ranking for Trusts & Estates
Client Champion Silver Award, Martindale.com (2017)
“Tax Gap: Reform and Simplify Employee Benefits Tax Law,” (Co-Author), Chapter 23, New York University Review of Employee Benefits and Executive Compensation, 2007
“The Tax Reform Act of 1984 Limitations on Industrial Bond Financing,” (Co-Author), Tax Management Real Estate Journal, Vol. 1, No. 2, 1985
Sulam - Executive Board Member (2016-present)
Estate Planning Council of Suburban Maryland - Past President
Berman Hebrew Academy - Board of Directors, Past Chair of the Financial Aid Committee (2003-2016)
Young Israel Shomrai Emunah of Greater Washington - Past President
“Trusts as a Financial Planning Tool for Children with Special Needs,” 11th Moebius Conference, The Moebius Syndrome Foundation, July 2014
“Estate Valuation Issues for Business and Non-Business Limited Partnerships,” Estate and Trust Day, Association of Practicing CPA’s, October 2013