Larry E. Jacobs is a native Houstonian. He attended undergraduate college at Tulane University where he graduated cum laude in 1974 with a BA degree. He is also a member of Phi Beta Kappa. Mr. Jacobs then attended the University of Houston Law School where he received his Juris Doctorate in 1976. Following two years of general civil practice, Mr. Jacobs attended Georgetown University where he received a Master of Laws in Taxation in 1980. Since that time, he has been practicing in the tax area with emphasis on corporate and partnership taxation and estate planning. He is rated AV by Martindale Hubbell. Mr. Jacobs is married with two children.
In the corporate and partnership taxation area, Larry provides legal advice on choice of entity issues and organizational and transactional tax issues commonly encountered in partnership formation and governance and in mergers and acquisitions. In the estate planning area, Larry advises clients in all aspects of succession estate planning and family governance for families and their closely held businesses and investments.
In addition to working with clients in the planning arena, Larry has also represented clients in civil tax controversies before the Internal Revenue Service and the Tax Court, the Federal District Court, the Federal Appeals Court and the United States Supreme Court. That knowledge has helped him work with clients in the past in related civil proceedings. Most notably, Larry was actively involved in the fraudulent Jenkens & Gilchrist tax shelter scams in the early 2000's. His representation involved claims for damages resulting from sale of fraudulent tax shelter known as HOMER. HOMER was one of a series of fraudulent tax shelters being sold by Jenkens & Gilchrist, Banc One, Deutsche Bank and others ultimately leading to felony convictions of the principal individuals involved and the demise of Jenkins & Gilchrist under a deferred prosecution agreement. He also represented the accounting firm Deloitte and Touche in its amicus curiae participation in Campbell v. Commissioner, a seminal decision regarding the taxation of the reciept of a profits interest in a partnership.
Education B.A., Tulane University (1974) cum laude J.D., University of Houston Law School (1976)
Master of Laws in Taxation, Georgetown University (1980)
Bar Admissions
State Bar of Texas
Larry Jacobs, Family Office Advisor And Attorney 11 Greenway, Suite 3100, Houston, TX 77046 (713) 488-4097
