Richard L. Fox

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Richard L. Fox
Fox Richard 1500x2100.jpg
Personal details
BornPhiladelphia, Pennsylvania, U.S.
Alma materTemple University (BA, JD)
New York University (LLM)
OccupationTax attorney and author

Richard L. Fox is an American author and attorney, best known for his work with large estates, and philanthropic planning.[1]

Early life[]

Fox was born, and grew up, in Philadelphia, Pennsylvania. He attended Temple University and the Temple University Beasley School of Law.[2] He went on to receive his LLM from New York University.[2]

Legal career[]

In 1994, Fox was hired by Dilworth Paxson LLP. During his tenure there, he did a variety of work for some of the world's richest people and largest corporations. One of Fox's undisclosed clients has a net worth of around $3 billion.[3] Fox served as one of billionaire Walter Annenberg's most-trusted attorneys and he continues to serve as an attorney for the Annenberg Foundation.[4]

Later in his career at Dilworth Paxson, Fox became the head of the Philanthropic and Non-Profit Practice. He was named to Worth Magazine's list of "Top 100 Attorneys in the country representing affluent families and individuals".[5] Fox also serves as an advisor to the University of Miami School of Law's Heckerling Institute on Estate Planning, a conference for estate planning professionals.[6] He Chaired the Chartered Adviser in Philanthropy Program at The American College of Financial Services from 2008 to 2010.[5]

In 2015, Fox was elected as a fellow of the American College of Trust and Estate Counsel, an exclusive professional society of attorneys and law professionals with expertise regarding trust and estates.[7] A year later, in 2016, Fox led a project where H.F. Lenfest donated the Philadelphia Media Network, which owns the Philadelphia Inquirer and Philly.com to The Philadelphia Foundation.[8] Lenfest described Fox as the "architect of the deal."[9][10]

Fox left Dilworth Paxson LLP. to become a shareholder at Buchanan Ingersoll & Rooney in 2016.[1] At Buchanan, Fox has remained a legal force in Philadelphia. In 2017, he spearheaded efforts to expand the Community College of Philadelphia and during the COVID-19 pandemic he established and maintained an employee relief fund for employees at the Union League of Philadelphia.[11]

Writings[]

Fox is the author of Charitable Giving: Taxation, Planning, and Strategies, a legal treatise, published in 2008, on charitable giving and retirement plans.[12][13]

He is also a co-author of the 2012 book, Preserving a Home for Veterans, which chronicles Fox and others, who took on the Department of Veterans Affairs for leasing parts of property, donated to veterans, to private entities such as oil drillers.[14]

Fox sits on the advisory board and serves as an author for Estate Planning magazine, which is published by Thomson Reuters.[15] He is also a frequent legal commentator for Bloomberg News, The Philadelphia Inquirer and Leimberg Information Services.[16][17]

References[]

  1. ^ a b "Buchanan Ingersoll & Rooney Hires Notable Philadelphia Tax Attorney Richard L. Fox". 20 June 2016.
  2. ^ a b "Richard L. Fox". PGDC Network.
  3. ^ https://www.hinklaw.com/wp-content/uploads/2009/02/Worth.com-Top-100-Attorneys-2009-Dan-Peare.pdf
  4. ^ "Annenberg Charges Breach of Trust at West L.A. VA: ACLU, Veterans Support Investigation of Local VA Conduct". Santa Monica Mirror. 24 February 2011.
  5. ^ a b "Richard L. Fox, Esq. | Planned Giving Design Center".
  6. ^ "50th Annual Philip E. Heckerling Institute on Estate Planning" (PDF). American Bar Association.
  7. ^ "PROFESSIONAL RECOGNITION LEGAL SERVICES: Richard Fox". Philadelphia Business News.
  8. ^ "Rieder: How innovative Philly newspaper approach took shape". USA Today.
  9. ^ "Lenfest donates newspapers, website to new media institute".
  10. ^ "Could it be sunny in Philadelphia?" (PDF). Knight Foundation.
  11. ^ "Why the Union League's fund for employees could be a model for others: 'They deserve it'". The Philadelphia Inquirer.
  12. ^ Fox, Richard (2008). Charitable Giving: Taxation, Planning, and Strategies. Thomson Reuters. ISBN 9780791367940 – via Google Books.
  13. ^ Jacobs, Deborah L. (11 November 2010). "Foundations With a Limited Life". The New York Times.
  14. ^ Bon, Lauren (2012). Preserving a Home for Veterans. Metabolic Studio. ISBN 9781934254301 – via Google Books.
  15. ^ Fox, Richard L. (21 July 2004). "Is a Basis Step-Up Available on Foundation Founders Death?". Social Science Research Network. SSRN 566964.
  16. ^ "Our Experts:Richard Fox Esq". Bloomberg News.
  17. ^ "Former State Sen. Vincent Fumo loses legal round in long-running tax battle over his abuse of South Philly nonprofit". The Philadelphia Inquirer.
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