John Sharp is a founding member of Strobl & Sharp. His expertise includes a number of practice areas from general business and corporate law to estate planning, banking and real estate planning. Since 2006, he also has been an adjunct professor at the Walsh College of Business Law. Previously, he taught at Wayne State University Law School (1996-2006).
The majority of Mr. Sharp’s 34 plus years of law practice focuses on representing financial institutions with their banking and securities needs as well as their real estate and general business issues.
Some of his most notable cases are:
- Detroit’s Federal District Court two largest cases regarding the discharge of trustees handling employee plans.
- Obtained successful conclusion of probate administration of an estate on behalf of a bank. The heirs of the estate refused to initiate probate trust administration.
He helps bank holding companies and financial institutions with:
- Initial public offerings as well as additional public offerings.
- 1934 Act filings.
- Loan documentation and leasing syndication documents for real estate, equipment, as well as documentation for floor plan financing, and personal security loans.
- Work-outs, forbearances and litigation against borrowers.
- Whole bank and branch sales and acquisitions.
- Tax opinions for securities transactions.
- Formation of de novo banks.
Mr. Sharp works with clients at all asset levels and has completed probate administration for numerous estates in excess of a million dollars. His services include:
- Estate and succession planning.
- Joint, revocable and irrevocable insurance trusts.
- Trusts for children and grandchildren with Crummey provisions, durable powers of attorney and living wills.
Publications and Presentations
- Co-author, “Michigan Discretionary Asset Protection Trusts and Qualified Plan or IRA Accounts,” August 2012 Michigan State Bar Journal
- “Third Parties and Trustees,” March 2010, Michigan State Bar Journal
- New Legislation Impacting Business Strategies, Taxation, Team Management and New Discretionary Trusts, Walsh College, June 2011
- Discretionary Trusts in Tax Planning, Institute of Continuing Legal Education’s State Bar Tax Section Annual Seminar, May 2012
- Discretionary Trusts in Tax Planning, Institute of Continuing Legal Education’s State Bar Tax Section Annual Seminar, 2011
- Past President and Director, Kiwanis Club of Troy
- President, Wilshire-Muer Homeowners Association
- Current Secretary/Treasurer and Past President, BNI Wealth Builders Chapter
- Board Member, Troy Economic Development Corporation