Related Practices

Admitted to Practice

Washington

James A. Flaggert

Partner

Chair, Trusts & Estates Practice

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Seattle

T206.757.8044

F206.757.7044

Jim Flaggert focuses on estate planning, administration of trusts and estates, business-succession planning, charitable planning, and estate and trust disputes. He creates charitable trusts and foundations and limited liability companies and partnerships, and assists in creating and funding insurance trusts and qualified personal residence trusts. Jim assists clients with generation-skipping transfer tax planning, and with grantor retained annuity trusts, intentionally defective grantor trusts, and dynasty trusts.

Jim also practices in the aircraft acquisition and finance area, and has represented purchasers, financing parties and airlines in connection with the purchase and delivery of more than 450 Boeing commercial aircraft. He has also assisted such clients in connection with various related tax matters. Jim regularly assists in the pre-delivery financing of commercial aircraft.

Representative Experience

Charitable planning for multiple clients

Charitable planning in conjunction with liquidity. (Ongoing)

Charitable planning for multiple clients

Creating private family foundations. (Ongoing)

Estate planning for closely held and public companies

Probate and trust administration of estates/trusts and interests in closely held and public companies. (Ongoing)

Estate planning for multiple clients

Creation and funding of grantor retained annuity trusts (GRATs). (Ongoing)

Estate planning for multiple clients

Creation and funding of intentionally defective grantor trusts. (Ongoing)

Estate planning for multiple clients

Multigenerational planning involving generation-skipping transfer tax and dynasty trusts. (Ongoing)

Estate planning for multiple clients

Estate planning in conjunction with asset protection. (Ongoing)

Estate planning for multiple clients

Estate planning with life insurance products. (Ongoing)

Estate planning for principals of public and private companies

Strategic estate planning for founders, owners, officers and shareholders of public and private companies in connection with liquidity events, IPO, acquisitions. (Ongoing)

Finance - aircraft for multiple aviation clients

Representing airlines, foreign and domestic banks, and foreign and domestic leasing companies in the acquisition, financing, and resolution of tax issues in connection with more than 625 Boeing commercial aircraft. (Ongoing)

Finance - aircraft for multiple aviation clients

Acts as client representative (attorney-in-fact or agent) at the delivery of hundreds of Boeing commercial aircraft. (Ongoing)

Finance - aircraft for multiple aviation clients

Issues lex situs legal opinions covering issues of title transfer and tax in connection with the acquisition of more than 625 Boeing aircraft. (Ongoing)

Finance - aircraft for multiple aviation clients

Advises airlines, banks, and leasing companies regarding the structure of transactions involving the acquisition and financing of Boeing aircraft. (Ongoing)

Professional & Community Activities

Fellow, American College of Trust and Estate Counsel
American Bar Association
Estate Planning Council of Seattle
Board of Directors, Special Olympics Washington
Board of Trustees, Islands Fund
Officer, CMR Foundation
Eagle Scout

Professional Recognition

Named as one of the “Best Lawyers in America” in Trusts and Estates Law by Woodward/White, 2003-present
Selected to "Washington Super Lawyers," Thomson Reuters, 2003, 2005-2018
Named as one of the "Top 87 Business Lawyers" in Estate Planning/Probate/Trusts, Seattle Business Monthly, 2008
Named as one of the "Best Personal Wealth Managers in the Seattle Area," Seattle Magazine, 2008, 2009, 2010, 2011
Named as one of "155 Top Lawyers" by Seattle Magazine and Seattle Business Monthly, 2007