Monte Schatz Presents at National NBI CLE on Ethical Obligations in Tax-Related Matters
National Business Institute (NBI) recently hosted a national, CLE-accredited seminar titled “Tax Basics for Lawyers: What You Need to Know (Even If You're Not a Tax Attorney)”—bringing together attorneys from across the country for a comprehensive virtual program on practical tax considerations in legal practice.
Lamson Dugan & Murray Senior Counsel Monte Schatz was invited to present during the program’s final session, delivering a one-hour presentation on:
Ethical Obligations and Client Communication
Monte’s presentation addressed critical risk-management considerations for attorneys whose practices intersect with tax issues, including:
- Limits on tax advice for non-tax attorneys
- Referral to tax specialists and the duty of competence and diligence
- Fiduciary liability considerations
- Attorney fees and engagement statements
- Effective and ethical client communications
With a practice focused on estate planning, trust administration, tax law, business succession, corporate governance, and dispute resolution, Monte regularly advises clients at the intersection of business structure, tax exposure, and fiduciary responsibility. His presentation emphasized the importance of clearly defining the scope of representation, recognizing when to involve tax specialists, and maintaining strong documentation and communication practices to protect both clients and counsel.
As tax season approaches, issues surrounding engagement scope, referral obligations, and fiduciary exposure become particularly relevant for attorneys and advisors working alongside CPAs and financial professionals.
Lamson Dugan & Murray is proud to see Monte contributing to the broader legal community through national continuing education programming.
