::Petrie, Gair B.

Gair B. Petrie Adjunct Professor gpetrie@painehamblen.com (509) 455-6000 B.A., University of California, 1978 J.D., Gonzaga University School of Law 1981, Magna Cum Laude LL.M., University of Florida, Taxation, 1982

Biographical Information

Gair Petrie is a partner in the Tax Department at Paine, Hamblen, Coffin, Brooke & Miller. Since 1982, he has practiced in the area of estate planning. He has extensive experience relative to wills, trusts and sophisticated estate-tax reduction techniques such as life insurance trusts, grantor retained income trusts, charitable giving techniques, limited partnerships and the like.

Prof. Petrie also has significant experience with passing a family business from one generation to the next and planning with large retirement plans and IRAs.

Teaching Area

• Estate Planning

Publications

• "Estate and Income Tax Planning for Retirement Plans and IRAs," 32 Idaho Law Review No. 2
• "Don't forget the Simple Charitable Bequest," 5 WMA News No. 2, 1994
• "A Practice Guide to the Stockholders' Agreement," WSBA Estate Planning Institute, 1993
• "Tax Benefits of Naming Surviving Spouse as Primary Beneficiary of Qualified Retirement Plan or IRA," 20 Real Property Property Probate and Trust No. 3, October 1992
• "Basics of Estate Planning," Gonzaga Tax Institute, 1993
• "Revocable Living Trusts; The Straight Scoop," Senior Times September/October, 1992
• "Adding Qualified Retirement Plan and IRA Benefits to the Estate Planning Mix - Part 1," Review of Taxation for Individuals, Summer and Fall, 1992
• "Disposing of the Family Business," Gonzaga Tax Institute, 1991
• "Estate and Income Tax Planning with Qualified Retirement Plan Benefits," Review of Taxation for Individuals, Summer, 1988.
• "Eroding the Tax Benefits of Mutual Fund Wrap-Around Annuities," University of Florida Law Review (Tax), 1981