Liam D. Crane

Liam Crane advises high-net-worth individuals, families and their advisors in the U.S. and abroad on domestic and international estate and tax planning, helping clients preserve and transfer wealth in line with their wishes while reducing U.S. tax and reporting consequences. Based in Boston, he is a member of Holland & Knight's Private Wealth Services Group and works with families whose goals range from providing for future generations to supporting a charitable cause or sustaining a successful business.

For domestic clients, Liam develops advanced estate plans, preparing wills, revocable trusts, insurance trusts, dynasty trusts and related instruments. He has particular experience helping hedge fund and private equity principals plan for carried interests in a tax-efficient manner and guides fiduciaries of complex estates through post-mortem administration, from the opening of probate through the final distribution of property.

Liam's international practice serves individuals and families living outside the United States. He assists with pre-immigration planning, tax compliance, business succession, estate and trust administration and family wealth preservation. Liam also counsels international families on multijurisdictional estate and business succession plans. He advises on the tax treatment and reporting obligations of foreign trusts with U.S. assets or beneficiaries and helps clients become tax compliant, including through IRS voluntary disclosure programs.

His advice weighs legal and tax considerations alongside family dynamics, business operations and other practical concerns. A source in the Chambers High Net Worth 2024 guide calls Liam "a standout attorney" who "does a great job with clients who need sophisticated tax advice and doesn't overcomplicate planning."

Before joining Holland & Knight, Liam practiced in the private client group of a large Seattle law firm and in a global law firm's Connecticut and New York offices. During law school, he was a judicial intern for Judge Joseph L. Tauro of the U.S. District Court for the District of Massachusetts, and earlier served for one year as a City Year Boston corps member.

Liam is a standout attorney. He does a great job with clients who need sophisticated tax advice and doesn't overcomplicate planning. I would not hesitate to recommend him to any client.

– Chambers High Net Worth 2024 guide