Jeremy Babener

Attorney | Portland | 503-778-2140 | babenerj@lanepowell.com

Areas of Practice

Jeremy Babener concentrates his practice in the area of Taxation. Prior to joining Lane Powell he worked as a Tax Policy Fellow in the U.S. Treasury Department’s Office of Tax Policy, focusing on partnership tax issues including noncompensatory partnership options and debt-equity exchanges. He has written and spoken on the taxation of personal injury damages, structured settlements, and qualified settlement funds.

Professional Experience

• Tax Policy Fellow, U.S. Treasury Department, Office of Tax Policy (2010)
• Law Clerk, U.S. Department of Justice, Federal Tort Claims Act Litigation Section (2008)
• Student Advocate, Unemployment Action Center, New York University School of Law (2007-2010)
• Intern, The Brookings Institution (2006)

Admitted to Practice

• Oregon
• U.S. Tax Court

Academics

• New York University School of Law (LL.M., 2011)
  • Tax Policy Fellow

• New York University School of Law (J.D., 2010)
  • Staff Editor, Journal of Law and Business
  • Board Member/Advising Coordinator, Unemployment Action Center

• Haverford College (B.A., Political Science, with high honors, 2007)
  • Presidential Fellow at the Center for the Study of the Presidency
  • Best Thesis in Political Science Award
  • Class Representative, Honor Council

• Oxford University (2005-2006)
  • Member, Oxford Debating Society

Practice Group and Specialty Team Memberships

• Tax
• Business

Publications

• “Death Then Taxes: Anticipating the Taxation of Personal Injury Proceeds at Victim’s Death,” Trusts & Estates magazine (March 2011)
• “Maximizing the Medical Care Exception to the Tax on Emotional Distress Damages,” Practical Tax Strategies (September 2010)
• “Taking Medical Expense Deductions Before and After a Personal Injury Settlement,” Practical Tax Strategies (August 2010)
• “Expanding the Structured Settlement Tax Exclusion to Reach All Potential Structurers,” Tax Notes (April 2010)
• “Structured Settlements and Single-Claimant Qualified Settlement Funds:  Regulating in Accordance With Structured Settlement History,” NYU Journal of Legislation & Public Policy (March 2010)
• “How Plaintiffs Might Receive Emotional Distress Damages Tax-Free After 2010,” North Carolina Lawyers Weekly (March 2010)
• “Justifying the Structured Settlement Tax Subsidy: The Use of Lump Sum Settlements Monies,” NYU Journal of Law & Business (December 2009)
• “Treasury Decides to Pass on Single-Claimant Qualified Settlement Fund Guidance for Now,” North Carolina Lawyers Weekly (December 2009)

Speaking Engagements

• “Settlement Taxation: Planning for Medical Expenses and Death,” Annual Conference of the Society of Settlement Planners, Las Vegas (May 2011)
• “Factoring in a World of Taxation,” Annual Conference of the National Association of Settlement Purchasers, Las Vegas (November 2010)
• “Panel on Discharge of Indebtedness Deferral Regulations,” Meeting of the Pass-Throughs and Real Estate Committee, D.C. Bar Tax Section, Washington, D.C. (September 2010)
• “Justifying the Structured Settlement Tax Subsidy and Expanding Its Application,” Annual Conference of the Society of Settlement Planners, Washington, D.C. (May 2010)
• “Factoring and the Structured Settlement Tax Subsidy,” Annual Conference of the National Association of Settlement Purchasers, Las Vegas (November 2009)

Professional and Community Activities

• Member, Oregon State Bar