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E-mail Liz Abel
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Telephone:  256-535-1100
Facsimile:  256-533-9322

Street Address:
Suite 102
2101 West Clinton Avenue.
Huntsville, AL 35805
Mailing Address:
Post Office Box 2087
Huntsville, AL 35804-2087

Attorneys / Elizabeth W. Abel / Full Bio

Elizabeth W. Abel

Practice Areas

Profile

The primary focus of Ms. Abel's practice is estate and business planning. She regularly consults with individual clients on ways to reduce or eliminate estate taxes and prepares complex wills, trusts, family limited partnerships, revocable living trusts, life-insurance trusts, charitable gifts and trusts, and other agreements to enable these clients in meeting their estate-planning goals. In addition, Ms. Abel prepares durable powers of attorney, advance directives for health care, and documents for the appointment of guardians and conservators. Ms. Abel assists clients in probating estates and administering trusts.

Ms. Abel's business planning practice involves advising clients on the formation and operation of corporations, partnerships, limited liability companies and other business organizations. She prepares organizational documents, shareholder agreements, leases, noncompete agreements, employment agreements, asset-purchase and stock-purchase agreements, loan and security agreements, and office-sharing agreements.

On behalf of business clients, Ms. Abel structures and prepares a variety of employee-benefit plans, including cafeteria plans, nonqualified deferred-compensation plans, qualified and nonqualified stock-option plans, employee stock-purchase plans, medical reimbursement plans, phantom stock plans, 401(k) plans, and profit-sharing and money-purchase retirement plans. Ms. Abel also advises nonprofit and governmental clients on the operation and administration of their 403(b) retirement plans, tax-sheltered annuities and other employee-benefit programs.

Ms. Abel advises and assists clients in organizing charitable trusts, endowments and non-profit corporations, and obtaining tax-exempt status for those organizations.

Bar Admissions

  • Alabama, 1984
  • U.S. Tax Court, 1987

Court Admissions

  • United States Tax Court
  • United States District Courts
  • Northern District of Alabama
  • All Alabama state courts

Professional Affiliations

  • American Bar Association
    Probate and Trusts, Business, and Tax Sections
  • Alabama Bar Association
  • Huntsville-Madison County Bar Association
  • Estate and Financial Planning Council of Huntsville, Alabama

Education

  • LL.M., Taxation, 1985, New York University, New York, NY
  • J.D., magna cum laude, 1984, Cumberland School of Law, Birmingham, AL
  • B.A., summa cum laude, 1981, University of Alabama in Huntsville, Huntsville, AL

Community Involvement

  • President, Huntsville Symphony Orchestra Foundation, 2008-09

Other Experience

Ms. Abel frequently lectures on estate planning issues, including the effect of estate and gift taxes on an estate plan and the uses of wills, powers of attorney, advance directives for health care, and living and testamentary trusts to achieve estate-planning goals.