Barclay Damon
Barclay Damon

Karen 
     Schaefer

Karen Schaefer

Partner

p: 585.295.4473

f: 585.295.8437

icon_email kschaefer@barclaydamon.com
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Rochester Office

2000 Five Star Bank Plaza
100 Chestnut Street
Rochester, New York 14604

Karen provides clients with comprehensive counsel on all aspects of estate planning and business-succession matters. She advises on gift and income-tax planning; administration of trusts and estates; preparation of wills, revocable living trusts, and irrevocable trusts; durable powers of attorney; health care proxies and beneficiary designations; restructuring; and coordination of assets. Karen also provides guidance on pre- and post-nuptial agreements, estate-plan design, elder law, family limited partnerships, and limited liability companies.

Specific to business matters, Karen counsels owners on legal and tax issues, including succession planning; tax planning; financial transactions; mergers and acquisitions; general business matters; the formation and structuring of business entities, including C and S corporations, limited liability companies, partnerships, professional corporations, and other entities for licensed professionals; and developing owner agreements, including operating, shareholder, and buy-sell agreements to achieve business and estate planning goals and compliance.

Karen is co-chair of Barclay Damon’s Trusts & Estates Practice Area.


Practice Areas

Education

  • Albany Law School, J.D.
  • Michigan State University, B.A.

Admitted To Practice

  • New York
  • U.S. District Court, Western District of New York

Memberships & Affiliations

  • Monroe County Bar Association, Trusts and Estates Section, Executive Council Chair
  • Monroe County Bar Association, Business Law Council, Chair
  • New York State Bar Association, Trusts and Estates Section
  • New York State Bar Association, Business Law Section
  • Estate Planning Council of Rochester
  • Greater Rochester Association of Women Attorneys

Civic Activities

  • Education Success Network, Inc., Board of Directors Member
  • Encompass: Resources for Learning, Inc., Board of Directors Member

Honors

  • The Best Lawyers of America®, Trusts and Estates and Corporate Law, 2018
  • Selected to Super Lawyers, 2017-2018
  • The Daily Record, Top Women in Law, 2014

Prior Experience

  • Lacy Katzen LLP, Partner