ISBA is forming a study committee focused on the implementation of Iowa Rule
39.18 that requires attorneys to have a succession plan in place no later than Jan.
1, 2017. The study committee, chaired by ISBA Immediate Past President Joe
Feller, hopes to address some of the concerns stemming from the rule.
rule could affect more than just solo practitioners, according to Feller. After
the rule was passed late last year, the ISBA and the Iowa Academy of Trust and
Estate Counsel began preparing forms to help members satisfy rule requirements.
When it became apparent that the rule was going to need a closer look, ISBA
President Bruce Walker proposed the establishment of a study committee and
charged it to research the implementation of the rule and how it is to be
rule applies to many more lawyers than just the traditional sole practitioner
and could impact 60 percent of our bar members,” said Feller, a
solo practitioner from Sibley, Iowa. "Application of the rule as currently
drafted will also lead to important issues concerning liabilities undertaken by
the assisting attorneys as well as financial costs to the estate of the
deceased or disabled attorney.”
committee would aim to have its work completed in September of this year with a
goal of helping members meet requirements of the rule as currently drafted, or
by suggesting changes to the rule.
following ISBA members will be a part of the study committee:
Chair: Joe Feller, Sibley
David Beckman, Burlington
• John (Rick) Bierman, III, Grinnell
Philip Brooks, Cedar Rapids
• Nick Critelli, Jr., Des Moines
• Joe Holland, Iowa City
Frank Hoyt, Jr., West Des Moines
• Kate Kohorst, Harlan
• Michel Nelson, Carroll
• Deb Petersen, Council Bluffs
• Paul Wieck, II, Clive
ISBA will share updates regarding the study committee as they become available.