Richard Schloss is a Member with Dawda, Mann, Mulcahy & Sadler, PLC. Prior to receiving his law degree, Richard practiced accounting and was also an IRS Field Agent auditing many different types of business. As a result of this experience, Richard brings to the practice of law an understanding of how finances and taxes affect clients and their day-to-day decisions. His practice focuses on small to mid-tier family businesses and practices for whom he acts as their general counsel.
Richard brings a wealth of knowledge to many areas because of his years of practice.
This includes tax planning, general corporate advice, contract review and negotiation, formation of business and agreements among business owners, representation in the purchase and sale of businesses, estate planning, and representation of taxpayers before all taxing authorities. Richard is always on call for his clients and responds quickly, knowing their concerns are important.
Richard’s knowledge in many business and tax law areas benefits clients because he knows how issues in aspects of their personal and business life can overlap.
Richard is aggressive in his representation of a client while realizing he must get to the goal line, both considering the cost versus the benefit received.
RICHARD H. SCHLOSS
Member
Examples of Excellence
- Prosecuted and settled a widow’s dispute over her husband’s $100 million estate against her stepsons.
- Resolved the longest running estate dispute in Oakland County Michigan’s history to the advantage of his client.
- Counseled and prepared comprehensive estate plans for a myriad of high-net-worth individuals and business owners, including devising succession plans for business owners.
- Represented the owner of the largest mortgage forms business in the country in the negotiation and sale to a public company.
- Represented sellers of a large physical rehabilitation business to a public company.
- Represented numerous buyers and sellers of local businesses with private and public parties, including a wholesale bakery supplier, printing and packaging companies, an advertising specialties company, an automotive supplier, a technology company, a plating company, a jeweler, restaurants, a pharmacy (both wholesale and retail), an automotive collision shop, an automotive wheel and tire company, a mortgage company, an on-line real estate company, an industrial gas company, a steel roofing company, a measuring device company, medical and dental practices, and the potential sale of national drug store chain.
Education
- Michigan State College of Law, East Lansing, J.D.
- University of Michigan, Ann Arbor, B.A. (majors in economics and accounting)
Associations
- State Bar of Michigan Taxation and Probate and Estate Planning Sections Member
Bar Admissions
- State Bar of Michigan
Honors and Awards
- Peer Review Rated – AV by Martindale-Hubbell which is highest rating for attorneys
- Top Business Lawyer – DBusiness
- Michigan Business Triple Trusted Advisor Award – 2018
- Five Star Professional – Wealth Manager – Hour Magazine
- Frequent lecturer before MICPA
