Ballard Spahr today announced that its Family Wealth Management Group has been ranked in Band 1 for Private Wealth Law—Pennsylvania by Chambers in its recently-released HNW 2016. This new guide is geared specifically for the international private wealth market to be used by professional advisers to wealthy individuals.

"We are honored to be among this elite group of law firms recognized for the caliber of work we provide," said Marilyn C. Sanborne, Practice Leader of the firm’s Family Wealth Management Group. "We focus on building strong relationships and providing optimum service and sound guidance to meet our clients' sophisticated tax, gift, and estate planning needs. We work to develop comprehensive plans that work from both a tax and a 'people' point of view."

The Chambers ranking was determined from independent research in which hundreds of interviews were conducted with lawyers, family offices, accountants, tax advisers, bankers, investment managers, and other professionals about the private wealth industry. One of those interviewed said of Ballard Spahr: "They are very good in the marketplace. They are a class act. They are all very capable lawyers."

The HNW 2016 also cites Ms. Sanborne as a "Notable Practitioner" with one source commenting: "She has a very good team. She is very clear and direct, and has that ability to get things done—the right things. This is more valuable than money."

"Achieving this recognition is a testament to the professionalism and dedication to client service that our Family Wealth Management attorneys deliver," said Brian M. Pinheiro, Chair of Ballard Spahr's Business and Finance Department. "We are delighted that they are ranked in the top tier in the new HNW 2016."

Ms. Sanborne leads the Family Wealth Management Group which comprises 12 attorneys, including Philadelphia partners Lindsey Ermey, Heike K. Sullivan, and Regina O'Brien Thomas, and four estate administration and tax professionals. The group advises high net worth individuals, including family groups in multiple generations, entrepreneurs, owners of closely held businesses, and CEOs and other senior executives.

The attorneys specialize in minimizing gift, estate, generation skipping, and income taxes for multiple generations. To achieve these results, they provide guidance on the use of personal and charitable trusts, business and succession planning, family dynamics, charitable giving (including establishment of private foundations), and executive compensation planning.

Attorneys in the Family Wealth Management Group frequently serve as executors, trustees, and members of the board of private foundations and provide legal advice to such fiduciaries—handling all facets of estate, trust, and foundation administration. They also practice before probate courts in a variety of cases involving surcharge, tax issues, will contests, and will and trust construction matters, and have national experience in dispute resolution and in the litigation of fiduciary matters.