RICHARD C. SHANKS

Born on October 5, 1953, Rick has been a Texas resident since he was six years old. He practices in Tax Law, Probate Law, Estate Planning, Business Organization and Business Planning.

Education

• BA - University of Texas – Accounting – 1975 (Summa Cum Laude)
• JD - University of Texas - 1978
• Managing Editor, Texas Law Review
• Board Certified – Tax Law – Texas Board of Legal Specialization
• Certified Public Accountant

Professional Experience

• Butler & Binion 1975 – 1984 Associate
• Andrews & Kurth 1984 – 1987 Associate
• Brown McCarroll (& predecessors) 1987 – 1997 Partner
• Richard C. Shanks, P.C. March 1, 1997 - April 30, 2003
• Shanks & Earley, L.L.P. May 1, 2003 - December 31, 2004
• The Shanks Law Firm May 1, 2003 - Present

Professional Memberships

• State Bar of Texas - Real Estate, Probate & Trust Law Section
• Houston Bar Association - Probate, Trusts & Estates Section

Admitted to Practice in the following Jurisdictions

• State Bar of Texas - 1978
• U.S. Tax Court - 1980
• U.S. District Court Southern District of Texas - 1991

Community Activities

• West University Rotary Club
• Sunday School Teacher – St. Pauls United Methodist Church

Articles / Books

• Family Limited Partnership
• A Brief Overview of Estate Planning
• Myths of Estate Planning
• Planning Techniques for Business Owners
• Estate Planning with Asset Protection Benefits

Seminars

• The Estate Tax Trap of Company Retirement Plans
• New Wrinkles in Corporate Planning
• A Brief Comparison of the Old Prudent Men Rule with the Prudent Investor Rule
• Planning For the Alternative Minimum Tax
• Fighting the Good Fight: Keeping Our Clients Out of Trouble With The IRS

Hobbies

• Running Marathons
• Wine Collecting, Comic Books and Coins