Micah J. Nichols

Associate

e: mnichols@kdlegal.com
p: (317) 238-6375

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Micah J. Nichols

Associate

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Micah Nichols concentrates his practice in the areas of estate planning, estate and trust administration, asset preservation, elder law, guardianships, trust and estate litigation, and general business.

Mr. Nichols has worked with families with nominal estates to those that have taxable estates (+$25,000,000 in net worth) and has developed sophisticated estate plans to minimize gift and estate taxes, to fulfill charitable goals, and safeguard assets for future generations. Mr. Nichols enjoys working with all families, from young professionals just beginning their careers and starting their families to seniors contemplating retirement and leaving a legacy. He particularly enjoys helping his clients navigate through complicated family dynamics, assisting business owners with transition and/or succession plans, and working with his clients’ team of financial advisors and accountants in developing a wholistic and complete financial and asset management plan.

Originally from northeast Indiana, Mr. Nichols has been in private practice since 2012 and is married to his college sweetheart and has two children. While Micah primarily serves clients in the Indianapolis and central Indiana region, he currently has clients all over the state of Indiana.

Representative Experience

  • Created and drafted an estate plan, which included several tax-savings trusts, for a client with net worth of over $35 Million.
  • Created and implemented several business succession plans, which included amending corporate governing documents and creating buy-sell agreements, creating share/unit voting and non-voting splits, using a gift and sale transaction to various family members and irrevocable trusts, using grantor retained annuity trusts, and using charitable trusts, all to save on gift and estate taxes.
  • Created and established several charitable trusts to assist clients fulfill their charitable goals and save on gift and estate taxes and worked closely with the nonprofit organizations to develop the clients’ charitable plans.
  • Consulted and advised several private family foundations on formation, obtaining federal and state tax-exemption, and compliance with state and federal laws.

Education

  • Indiana University Maurer School of Law, Bloomington, Indiana (J.D., 2012)
    • Editor-in-Chief, Indiana Journal of Global Legal Studies
    • Participant and Oral Advocacy Honors, Sherman Minton Moot Court Competition
  • DePaul University, Chicago, Illinois (B.A. in History, summa cum laude, 2009)

Bar Admissions

  • Indiana, 2012
  • U.S. District Court for the Northern District of Indiana, 2012
  • U.S. District Court for the Southern District of Indiana, 2012

Professional Associations

  • Indianapolis Zoo, Planned-Giving Committee
  • Indiana Bar Association, Member
  • American Bar Association, Member

Awards and Recognitions

  • Best Lawyers In America©, Ones to Watch in Trust and Estates, 2021

Publications and Presentations

  • Co-Author, “IRS Announces Higher Estate and Gift Tax Rates for 2021...But....?,” Krieg DeVault Newsletter (November 2020)
  • Estate Planning with Retirement Assets and the SECURE Act, Indiana Lawyer (May 2020)
  • Presenter, The Complete Trust Course, Half Moon Seminar (May 2020)
  • Co-Author, "Practical Law Materials - Indiana Wills and Trusts," Thompson Reuters Westlaw
  • Co-Author, “Further Relief for Indiana Businesses During the Time of COVID-19: Remote Meetings and Suspending Five-Year Limit on Reinstatement,” Krieg DeVault Newsletter (May 2020)
  • Co-Author, “Estate Planning During the Time of COVID,” Krieg DeVault Newsletter (April 2020)
  • Co-Author, “Is Now the Time to Consider Establishing a Donor Advised Fund”, Krieg DeVault Newsletter (May 2019)
  • Co-Author, "Tidying Up for 2019: Are Your Estate Planning Documents in Order?", Krieg DeVault Health Care Newsletter (March 2019)
Representative Experience
  • Created and drafted an estate plan, which included several tax-savings trusts, for a client with net worth of over $35 Million.
  • Created and implemented several business succession plans, which included amending corporate governing documents and creating buy-sell agreements, creating share/unit voting and non-voting splits, using a gift and sale transaction to various family members and irrevocable trusts, using grantor retained annuity trusts, and using charitable trusts, all to save on gift and estate taxes.
  • Created and established several charitable trusts to assist clients fulfill their charitable goals and save on gift and estate taxes and worked closely with the nonprofit organizations to develop the clients’ charitable plans.
  • Consulted and advised several private family foundations on formation, obtaining federal and state tax-exemption, and compliance with state and federal laws.
Education
  • Indiana University Maurer School of Law, Bloomington, Indiana (J.D., 2012)
    • Editor-in-Chief, Indiana Journal of Global Legal Studies
    • Participant and Oral Advocacy Honors, Sherman Minton Moot Court Competition
  • DePaul University, Chicago, Illinois (B.A. in History, summa cum laude, 2009)
Bar Admissions
  • Indiana, 2012
  • U.S. District Court for the Northern District of Indiana, 2012
  • U.S. District Court for the Southern District of Indiana, 2012
Professional Associations
  • Indianapolis Zoo, Planned-Giving Committee
  • Indiana Bar Association, Member
  • American Bar Association, Member
Awards and Recognitions
  • Best Lawyers In America©, Ones to Watch in Trust and Estates, 2021
Publications and Presentations
  • Co-Author, “IRS Announces Higher Estate and Gift Tax Rates for 2021...But....?,” Krieg DeVault Newsletter (November 2020)
  • Estate Planning with Retirement Assets and the SECURE Act, Indiana Lawyer (May 2020)
  • Presenter, The Complete Trust Course, Half Moon Seminar (May 2020)
  • Co-Author, "Practical Law Materials - Indiana Wills and Trusts," Thompson Reuters Westlaw
  • Co-Author, “Further Relief for Indiana Businesses During the Time of COVID-19: Remote Meetings and Suspending Five-Year Limit on Reinstatement,” Krieg DeVault Newsletter (May 2020)
  • Co-Author, “Estate Planning During the Time of COVID,” Krieg DeVault Newsletter (April 2020)
  • Co-Author, “Is Now the Time to Consider Establishing a Donor Advised Fund”, Krieg DeVault Newsletter (May 2019)
  • Co-Author, "Tidying Up for 2019: Are Your Estate Planning Documents in Order?", Krieg DeVault Health Care Newsletter (March 2019)