Kirk D. Sherman

ksherman@splawfirm.net

Professional Career

Attorney–Sherman & Patterson, Ltd.
Focusing on key employee compensation in tax-exempt hospitals, credit unions and associations, and in taxable organizations; deferred compensation strategies and insurance-based compensation. 1990 to present.
Vice President and General Counsel–MCG / Health Care Compensation
Developed key employee compensation plan design (including tax and funding analyses), and completed general counsel responsibilities. 1989 to 1990.
Associate–Maslon, Edelman, Borman & Brand
Focused on key employee compensation, life insurance, estate planning, nonprofit organizations, and corporate and individual taxation. 1984 to 1989.

Education

  • University of Virginia, J.D., 1984; Virginia Tax Review, Executive Editor.
  • Brigham Young University, B.A. in Economics, cum laude 1981.

Publications

  • “Split-Dollar Compensation Planning Post-Notice 2001-10,” Tax Analysts OneDisc Weekly Tax Review, Volume 4, No. 9 (June 1, 2001).
  • “Life Insurance and Death Benefits,” Chapter B:14, Benders Federal Tax Service (1989).
  • “Estate Freezes and Alternative Strategies,” Financial and Estate Planners Quarterly, Report No. 316 (1988).
  • “Franklin v. Commissioner: Loan Participation and Interest Paid with Borrowed Funds,” 3 Virginia Tax Review 199 (1983).

Sample Presentations

  • NAFCU – Exploring Critical Factors of Split-Dollar Retirement Plans: Understanding, Design, Administration. (Podcast) March 1, 2010
  • NAFCU – Understanding the Ins and Outs of Non-Qualified Retirement Plans for Your Credit Union. (Podcast) December 14, 2009
  • Minnesota State Bar Association Continuing Legal Education – Qualified and Non-Qualified Deferred Compensation, May 2001.
  • AALU – Nonqualified Deferred Compensation Associates Panel, May 2000.
  • MSBA – 17th Annual Advanced Employee Benefits Workshop, “Executive Compensation Update,” January 1997.
  • The Governance Institute - “Excess Benefit ‘How Much is Too Much?’ Pitfalls with the IRS” - presentation on TBOR 2 Intermediate Sanctions, November 1996.
  • ASCLU “Exit Strategies from Nonqualified Deferred Compensation Plans” October 1996.
  • AALU - “Hot Topic Teleseminar” - presentation on Section 457 issues, December 1995.