Overview
Bernard Karr
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Bernard L. Karr

Senior of Counsel
Cleveland

EMAIL bkarr@mcdonaldhopkins.com

PHONE 216.348.5803

WATCH: Meet Bernie Karr

Experience

Bernie focuses his practice on estate planning for business owners, executives, and professionals; family business succession planning; taxation; and charitable planning. He is the author of numerous tax and estate planning articles. Bernie is accredited as a Certified Specialist in Estate Planning, Trust and Probate Law by the Ohio State Bar Association.

Bernie earned a J.D., cum laude, from The Ohio State University College of Law in 1973. He received a LL.M. in Taxation from New York University School of Law in 1978 and a B.S. from Bowling Green State University in 1969.

Representative Cases/Matters

  • Defense of estate tax audits where IRS asserts substantial tax deficiencies.
  • Sale of assets to intentionally defective grantor trusts to reduce estate taxes.
  • Use of Graegin Note to reduce estate tax by seven figures.
  • Corporate reorganization creating multiple classes of common stock to effect transfer of stock to next generation without losing control in senior generation.
Credentials

Admissions - Court

  • U.S. District Court for the Northern District of Ohio
  • U.S. Tax Court

Admissions - State

  • Ohio

Education

  • New York University School of Law
  • The Ohio State University College of Law
  • Bowling Green State University

Honors and Awards

  • Ohio Super Lawyers (2004-2015) 
    • Top 100 Ohio Super Lawyer distinction and Top 50 Cleveland/Akron Ohio Super Lawyer distinction
  • The Best Lawyers in America for trusts and estates for 24 consecutive years
  • American College of Trust and Estate, Fellow
  • Northern Ohio Live 300 Best Lawyers
  • Strathmore’s Who’s Who

Professional Membership

  • Cleveland Metropolitan Bar Association
  • Ohio State Bar Association

Public Service and Volunteerism

  • Cleveland Zoological Society, Board
  • Fred E. Scholl Charitable Foundation, Chairman, Board of Trustees
  • Rock and Roll Hall of Fame, Board of Directors
  • Boys and Girls Clubs of Cleveland, Director   

Events

Speaking Engagements

  • "The State of the Estate Tax - The return of the federal estate tax will require aggressive planning strategies," McDonald Hopkins Roundtable, January 2011
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