Richard D. RosenDirector
During the past four decades, Rick has handled virtually every type of case involving financial and estate planning. His background in business and accounting adds great value for clients seeking assistance with financial and estate planning; tax and business planning for entrepreneurial enterprises; executive compensation; philanthropic planning; and structuring acquisitions, dispositions, joint ventures and equity infusions. He is a Director of the Firm and a member of the Corporate & Tax, Estates and Trusts, Mergers and Acquisitions, Real Estate, Real Estate (Florida), Venture Capital and Private Equity Groups.
Rick worked in an Of Counsel capacity at Cohen & Grigsby from 1986-1988 and has been a Director since 1989. His areas of practice feature estate planning, including intergenerational transfers, dynasty trusts, planning for IRAs and qualified retirement plans and charitable planning; tax planning for closely held businesses, including compensation, acquisitions and dispositions and succession planning; and assisting registered investment advisers governed by the Investment Advisers Act of 1940.
He has represented families whose wealth ranges from $3 million to $1.5 billion. His representative transactions have included complex acquisitions and sales of privately owned businesses and the structuring of numerous sophisticated and creative wealth transfer techniques to minimize income, gift, estate and generation-skipping taxes.
He was president of his own firm, Richard D. Rosen and Associates, from 1978 to 1988 where he provided legal counsel to wealthy individuals, small businesses and medium-sized corporations and was involved in oil and gas operations and real estate leasing.
Rick was the partner in charge of the tax department at Baskin and Steingut from 1976-1978 and a partner (founder of the Pittsburgh tax department and ultimately the managing partner of the Pittsburgh office) at Grant Thornton & Co. from 1970-1976. He was a manager in the tax department for the Pittsburgh accounting firm of Bachrach Sanderbeck & Co. (now Deloitte & Touche) from 1965 to 1970.
Rick used his business knowledge to serve as co-founder and an executive for numerous small businesses in the fields of computer systems engineering and facilities management, computer leasing, oil and gas development and real estate leasing.
Rick is a Fellow of the American College of Trust and Estate Counsel and is a past chairman of the Estate Planning Committee of the Pennsylvania Bar Association.
He has also served as a member of the Real Property, Probate and Trust Law Section for the American Bar Association, the Allegheny County Bar Association, the Pennsylvania Bar Association and the Florida Bar Association and has been a member of the Taxation Section for the Allegheny County Bar Association.
His community service has included being chairman of the Professional Advisory Committee of the United Jewish Federation of Greater Pittsburgh and chairman of the Investment Committee for the Jewish Healthcare Foundation of Pittsburgh. He has also served as a board member for UPMC Presbyterian and Shadyside Hospitals.
Rick has been selected to the Pennsylvania Super Lawyers list and is named in Who’s Who in American Law, Who’s Who in Finance and Industry and Who’s Who in the World.
His opinion has been sought by journalists for national publications, such as the Wall Street Journal, and Pittsburgh’s KDKA-TV.
During his career, he has given numerous speeches for the Allegheny County Bar Association, the Pennsylvania Bar Association, the Pennsylvania Bar Institute, the American College of Trust and Estate Counsel, the Corporate Fiduciaries Association of Western Pennsylvania, the National Association of Accountants, the Louisiana Tax Society, the Grant Thornton & Co. National Tax Training School and the Pittsburgh National Bank Advanced Estate Planning School.
He has also written a number of articles which have been published in the Allegheny Business News, Executive Report and The Tax Adviser.