Professionals
Photo of Lucas K. Love
Associate / Honolulu

Lucas K. Love

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808.523.2580
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808.523.0842
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llove@carlsmith.com

Lucas Love is an Associate in the firm's Honolulu office and a member of its tax practice group. Prior to joining Carlsmith in 2015, Lucas was an associate with Baker & McKenzie in Palo Alto, California, where he advised some of Silicon Valley's largest companies on a variety of international tax planning and federal tax controversy matters, including a global spin-off of a US multinational corporation's line of business in over 25 countries.  Prior to law school, Lucas was an accountant at Ernst & Young in Honolulu, Hawaii, where he audited the financial statements of some of Hawaii’s largest companies.  In addition to his law degree, he has a master's degree in accounting and is a Certified Public Accountant (not in public practice).

Local & International Corporate Transactions and Related Tax

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Lucas utilizes his background in tax and accounting to assist clients in a wide variety of corporate transactions.  Lucas has developed succession plans for small businesses to transfer ownership to the next generation; negotiated and documented the sale of businesses in various industries, including medicine, dentistry, construction, aviation, and real estate; structured tax-efficient inbound investments, entity formation, and exit
strategies into and out of Hawaii by clients located in Japan, Korea, China, Taiwan, Singapore, Germany, and Canada; prepared employment agreements to provide for Section 409A deferred compensation arrangements; and assisted individuals in properly reporting their foreign financial assets, including those individuals seeking protection under the Offshore Voluntary Disclosure Program (OVDP) and Streamlined Procedures.​

U.S. & International Estate Planning, Trust Administration, and Trust Litigation

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In addition to assisting clients with their corporate matters, Lucas advises clients on a variety of estate planning, trust administration, and trust litigation matters.  Lucas has prepared wills and trusts for estates large and small, including the creation of tax-planning trusts such as IDGT’s and CRAT’s; advised clients with assets located abroad in Japan, Korea, Singapore, Hong Kong, Samoa, and Canada to minimize the potential for double estate taxation and to reduce difficulties in administration; advised trustees regarding the duties in managing and winding down a trust; assisted executors in the preparation of Form 706 (estate tax return); represented trustees in litigation by beneficiaries; and represented beneficiaries in litigation against trustees.

Distinctions

  • Judge Martin Pence Scholarship for Academic Achievement, University of California Berkeley, School of Law Deloitte Outstanding M.Acc. Student, University of Hawaii at Manoa
  • Deloitte Outstanding M.Acc. Student, University of Hawaii at Manoa
  • Beta Alpha Psi, Accounting Honor Society, University of Hawaii at Manoa
  • Beta Gamma Sigma, University of Hawaii at Manoa
  • Provosts' Honors, University of California at Los Angeles
  • Golden Key International Honor Society, University of California at Los Angeles​

Affiliations

  • Hawaii State Bar Association - Tax Section Officer
  • Hawaii State Bar Association - Probate & Estate Planning Section
  • Hawaii Society of Certified Public Accountants
  • Bishop Street Nihongo Association - President and Co-Founder​

Publications

  • "The Tenth Circuit Invokes the Tax Injunction Act: No Decision on the Constitutionality of Colorado's Reporting Requirements for Out-of-State Retailers," Baker & McKenzie: Tax News and Developments (October 2013)
  • "Malaysia Guidance on E-Commerce Combines Illuminating and No-So-Illuminating Aspects," Baker & McKenzie: Tax News and Developments (June 2013)