Silvio Reggiardo, III

Partner

Sil Reggiardo assists clients in structuring business transactions and wealth transfers.

Many of his projects are tax sensitive. His clients include closely-held businesses and individuals. Sil is an adept communicator and has a natural ability to connect with his clients.

Sil constantly strives to improve. Nearly thirty years after graduating from law school, he received a graduate tax law degree. Before joining Downey Brand in 1990, Sil worked with the international accounting firm of Ernst & Young in San Francisco. He is a California CPA (inactive).

Sil has been a Downey Brand Partner since 1999.


Professional, Community And Pro Bono Involvement

  • Certified Public Account, California (inactive)
  • American College of Trust and Estate Counsel, Fellow (ACTEC)
  • California State Bar, Estate Planning, Trust and Probate Section, Former Executive Committee member, Chair of the Estate Planning and Legislation subcommittees
  • Sacramento County Bar Association, Human Rights Education Committee Chair and Changing Legal Industry Committee Chair; former President, Pro Bono Committee Chair and Tax Section Chair
  • Sacramento Estate Planning Council, Former Board Member, Technical Forum Chair, and Technical Developments Committee Chair
  • Mercy Foundation, Planned Giving Committee, Former Board Member
  • El Dorado Community Foundation, Planned Giving Committee
  • Sacramento Diocese Catholic Foundation, Planned Giving Committee
  • Arthritis Foundation Northeastern California Chapter, Former Board Member
  • UC Davis School of Law, Visiting Lecturer at Estate Planning

Honors & Rankings

  • AV Preeminent® Rating by Martindale-Hubbell®
  • Best Lawyers in America©, Tax Law, 2018-2020
  • California State Bar Certified Specialist, Estate Planning, Trust & Probate Law
  • California State Bar Certified Specialist, Tax Law
  • Super Lawyers, Northern California Super Lawyers, Estate Planning & Probate, 2004, 2006-2019
  • Sacramento Magazine, Top Lawyer, Business/Corporate, Estate Planning & Probate, Tax Law, 2015-2019
  • Sacramento Business Journal, Best of the Bar, 2017-2018
  • American Jurisprudence Award
  • Intern for Justice John E. Benson, California 1st District Court of Appeal
  • Thurston Society

Estate Planning and Trust Administration

  • Advises clients in estate planning matters ranging from standard revocable trusts to complex estate freezes and multi-generational transfers. Structures wealth transfers designed to address valuation discounts, basis adjustments, and transfer tax exemptions.
  • Helps clients administer estates and trusts. This can include preparing transfer documents and estate tax returns, making post-mortem asset allocations, and making tax elections.
  • Clients often need to put matters before a court, not just for probates but also for contested trust administrations or the amendment of irrevocable trusts. Guides clients through that process, which often requires court appearances.
  • Advises clients in structuring transactions and settlements in a tax-efficient manner. For example, structured a settlement to produce a non-taxable basis recovery rather than a taxable gain, and structured a land improvement project to fit within certain tax-deferred like-kind exchange parking guidelines.

Tax Planning

  • Advises clients regarding the tax effect of entity and real estate transactions.

Choice of Entity

  • Clients often need advice regarding whether to form an entity for business operations and, if so, what type of entity to use (e.g., corporation, partnership or limited liability company). Advises clients regarding those decisions and, where applicable, regarding tax allocation provisions of joint venture agreements.

Outside General Counsel

  • Serves as outside general counsel for clients running closely-held businesses that need general business law advice, agreements, correspondence and other documentation.

Press Releases


Speaking Engagements / Events

Blogs


Legal Alerts


Publications

  • November 2018
    Valuation Discounts in Modern Estate Planning
    California Grocer, Issue 5
  • October 20, 2017
    Tax Law Uncertainty Should Not Delay Your Estate Planning
    Sacramento Business Journal
  • April 2016
    Family Farm and Ranch Business Succession
    Inside the Minds: Family and Business Succession Planning, 2016 Ed., Aspatore Books
  • February 2014
    Avoiding Valuation Discounts to Preserve Income Tax Basis for the “Small” Estate
    Inside the Minds: Family and Business Succession Planning, 2014 Ed., Aspatore Books
  • Fall 2010
    Special Needs Trusts Help Disabled Beneficiaries Think Charitably This Holiday Season
    Pathways, A Trust and Estate Newsletter from Downey Brand
  • Spring 2009
    New Law Impacts No-Contest Clauses; Why Wills Matter: Estranged Father Inherits from Son He Never Met; Update Your Beneficiary Designations
    Pathways, A Trust and Estate Newsletter from Downey Brand

Sil is compassionate to clients who need, but cannot afford, legal services. He has been the Chair of Downey Brand’s Pro Bono committee. He significantly increased the firm’s pro bono work to a point where a Google search of “Sacramento Pro Bono” showed Downey Brand at the top of the list. Reaching outside the firm, Sil realized that the Sacramento County Bar Association (“SCBA”) did not have a Pro Bono Committee. He became the Chair of the first SCBA Pro Bono Committee.


Professional, Community And Pro Bono Involvement

  • Certified Public Account, California (inactive)
  • American College of Trust and Estate Counsel, Fellow (ACTEC)
  • California State Bar, Estate Planning, Trust and Probate Section, Former Executive Committee member, Chair of the Estate Planning and Legislation subcommittees
  • Sacramento County Bar Association, Human Rights Education Committee Chair and Changing Legal Industry Committee Chair; former President, Pro Bono Committee Chair and Tax Section Chair
  • Sacramento Estate Planning Council, Former Board Member, Technical Forum Chair, and Technical Developments Committee Chair
  • Mercy Foundation, Planned Giving Committee, Former Board Member
  • El Dorado Community Foundation, Planned Giving Committee
  • Sacramento Diocese Catholic Foundation, Planned Giving Committee
  • Arthritis Foundation Northeastern California Chapter, Former Board Member
  • UC Davis School of Law, Visiting Lecturer at Estate Planning

Honors & Rankings

  • AV Preeminent® Rating by Martindale-Hubbell®
  • Best Lawyers in America©, Tax Law, 2018-2020
  • California State Bar Certified Specialist, Estate Planning, Trust & Probate Law
  • California State Bar Certified Specialist, Tax Law
  • Super Lawyers, Northern California Super Lawyers, Estate Planning & Probate, 2004, 2006-2019
  • Sacramento Magazine, Top Lawyer, Business/Corporate, Estate Planning & Probate, Tax Law, 2015-2019
  • Sacramento Business Journal, Best of the Bar, 2017-2018
  • American Jurisprudence Award
  • Intern for Justice John E. Benson, California 1st District Court of Appeal
  • Thurston Society