Photo of Jeffrey D. Steed

Jeffrey D. Steed

Shareholder
Kirton McConkie Building
50 East South Temple
Suite 400
Salt Lake City, UT 84111

Related Info

Mr. Steed is a member of the firm's Tax and International practice sections.  His practice emphasizes a combination of tax, legal and financial strategies for both domestic and foreign clients.

Mr. Steed advises an exclusive private clientele in regard to their estates, private businesses, trusts, and charities.  Mr. Steed’s clientele includes public company executives, entrepreneurs, principals of global private equity and investment capital funds, professional athletes, actors, entertainers, musicians, artists, authors, members of the medical and legal communities, and other prominent individuals and their families in all aspects.

He is licensed before the United States Tax Court and also assists his clients in tax controversy matters whenever appropriate, including voluntary disclosure proceedings involving foreign assets. He has participated as an expert witness in estate and trust controversy cases – including matters involving foreign trusts and trusts for foreign persons.

In serving high profile clients, Mr. Steed is also involved in sophisticated planning for private enterprise and charity -- including all aspects of entity formation, capitalization, planning, structure, and governance.  He serves as general counsel and sits on boards of directors for large private for-profit and nonprofit organizations. Mr. Steed also represents prominent financial institutions, investment companies/trusts and public charities having a global presence.  He has served over the years in various capacities with the Utah State Bar, including as past chairman of the Section on Nonprofit Organizations.  He is actively involved with development and planned giving offices for large universities, religious institutions, and other global nonprofits.

Mr. Steed is a frequent speaker on topics involving areas of estate planning, cross-border finance, private enterprise, trusts, asset protection, nonprofits, foreign investment, and multi-jurisdictional practice. He has published numerous articles on these subjects.  He has been recognized as one of Utah's Legal Elite for estate planning and non-profit and as a Mountain States Super Lawyer for estate planning and taxation.

Mr. Steed is an adjunct law professor at the University of Utah, S.J. Quinney College of Law.  He is an active member of the Society of Trust and Estate Practitioners (STEP). He is certified Trusts and Estates Practitioner (TEP).

Experience

  • Private client services, estate planning, agent services, domestic and foreign trusts, wealth succession and asset protection (including sophisticated estate, gift and generation-skipping transfer tax issues and cross-border planning).
  • Nonprofit organizations, formation, governance and charitable giving/development strategy.
  • Domestic/foreign tax planning and tax controversy, including financial account reporting and voluntary disclosure proceedings.
  • Private entity formation, capitalization, investment, and governance.

Publications

Presentations

Education

Thomas Jefferson School of Law, L.L.M., International Tax and Finance, summa cum laude

  • Certifications in U.S. Taxation & Wealth Management
  • Mertens Tax and Lexis Nexis Treatise Publication Review Board

University of Utah, S.J. Quinney College of Law, J.D., cum laude, 2007

  • Editor, International Law Journal
  • National Finalist, Jessup International Moot Court
  • National Finalist, ABA Advanced Negotiation, Mediation, and Arbitration
  • CALI Award, Client Crises Management

Utah State University, Huntsman School of Business. B.A., Business Management with a minor in International Business, magna cum laude, 2003

  • All-American Scholar
  • National Deans Lists
  • Golden Key, Honor Society
  • Phi Kappa Phi, Honor Society
  • Beta Gamma Sigma, Honor Society
  • Captain, Men's Waterpolo Team

Bar Admissions

  • Utah, 2007
Other Admissions
  • Utah State Bar, admitted 2007
  • United States District Court for the State of Utah
  • United States Tax Court Court

Honors & Awards

  • Utah Legal Elite: Nonprofit and Estate Planning 
  • Mountain States Super Lawyers: Rising Star in Estate Planning and Probate (2014 - 2017)

Affiliations

American Bar Association, Taxation Division

Board Member, Utah Bar: Young Lawyers Division (2012 - 2013)

Chairman, Utah Bar Nonprofit/Charitable Organizations section

Co-Chair, Utah Bar Young Lawyers Division: Serving Our Seniors (SOS) Project (2012 - 2013)

Committee Member, Utah Bar: Utah Bar Self-Settled Spendthrift Trust Legislation Committee (2012)

Program Chair, Utah Bar Association: Non-Profit/charitable Organization section

Salt Lake Estate Planning Council

Society of Financial Service Professionals

Society of Trust and Estate Practitioners (STEP)

Utah Bar Association: Tax, Estate Planning and International Law sections

Utah Planned Giving Roundtable

Community/Civic Involvement

Board Member, Utah State University Advisory Council

Board Member, Turn Community Services

Advisory Board, Forever Young Foundation

Board Member, Delonne Anderson Family Foundation

Board Member, Intermountain Healthcare Foundation for Homecare and Hospice

Development Committee, Centerpoint Theater

Red Barn Farms Advisory Committee

Rotary (Kaysville, UT)

Utah Wills for Heroes, Volunteer Expert

Boy Scouts of America, Eagle Scout

Boy Scouts of America, Tiger Cub Pack Leader

Boy Scouts of America, Varsity Coach

Boy Scouts of America, Local Troop Scoutmaster and Committee Chair

Language