I’m Paul Deloughery. I’m a Scottsdale, Arizona attorney and I protect financially successful professionals and business owners from crooks. My passion for this area of law began in 2013. That’s when I was sued by my employee (a CPA) who was messing up my accounting. Despite his making obvious mistakes, he sued me for more than $100,000! That woke me up to the fact that ALL business owners get sued. And it doesn’t matter how careful you think you are. It’s one thing when a stranger or customer sues you. It’s something completely different when you get sued by a member of your team.
I have spent years studying the best ways to protect a person’s life savings from bankruptcy, lawsuits, creditors, divorce, IRS audits and government actions. Some ways work. And some ways don’t. It’s amazing to me that some techniques, such as Domestic Asset Protection Trusts, only work in extremely limited circumstances. Yet they are very popular. I don’t play around with my clients’ wealth. I use what’s been proven to work.
I’m the Founding Attorney at Magellan Law, PLC. I was first admitted to practice law in 1998 and since 2001 has focused on integrated corporate, estate and asset protection planning; trust administration; corporate counsel representation; business formation; estate and gift tax planning; trust litigation; and transactional drafting. I graduated with honors from the University of Iowa College of Law in 1996, and was a partner in a home-health agency just before beginning law practice. This home-health experience gave me a lot of insight into family dynamics and the realities of business.
I see through complex issues and come up with enforceable strategies to resolve my clients’ problems. My own experiences have help me understand the issues others have. I know the pain that family disputes and litigation can cause, and will do his best to counsel families ahead of time to ensure families don’t go through similar situations.
I also know firsthand the long-term impact of family chaos. My father died when Paul was 16, and my mother barely escaped bankruptcy. In 2003, when I was 35 years old, I discovered that my father had actually been my stepfather, and I had never met my biological father. I finally met my biological father in 2009, six weeks before his death. When my biological father passed away, I inherited a large sum of money. Unfortunately, my father did not have an estate plan so I was left with a mess of taxes and legal issues that could have been avoided if the proper steps would have been taken beforehand.
My complex personal history has given me a unique perspective on life and the challenges of this human experience. This outlook has led me to a deep understanding of human psychology and the conflicting family dynamics that underlie legal issues.
- Bachelor of Arts and Bachelor of Science Diplomas (with Distinction and Honors) Indiana University, Bloomington, with majors in Music and History (1989)
- Masters of Arts in Music Performance, University of Iowa (1993)
- Juris Doctor Diploma, with Honors, Iowa College of Law (1996)
- United States District Court
- State Bar of Arizona – Probate and Trust Section
Professional Associations and Memberships
- Maricopa County Bar Association Member – Estate Planning, Probate and Trust Section
- State Bar of Arizona Member – Probate and Trust Section
- Sole Director of Chiurazzi Internazionale, Srl, the oldest art foundry in the world, located near Naples, Italy.
- Given the Estate Planning award in 2010 for Phoenix Best of Greater Cities.
- 2004 (Phoenix, Arizona). Mr. Deloughery presented “The Skinny on SCINS and Private Annuities” to the College of Estate Planning Attorneys. (Self-Cancelling Installment Notes and Private Annuities are sophisticated estate planning techniques employed by ultra-high net worth clients.)
- 2005 (Phoenix, Arizona). Mr. Deloughery presented “Tackling Key Issues in Entity Selection” and “Mastering Estate Planning Issues” as part of a continuing legal education program entitled “Advanced Issues in LLC Formation and Operation in Arizona”, sponsored by National Business Institute.
- 2007 (Phoenix, Arizona). Mr. Deloughery presented “Mastering Estate Planning Issues” as part of a continuing legal education program entitled “Advanced LLC Issues”, sponsored by National Business Institute.
- 2012 (Las Vegas, Nevada). Mr. Deloughery spoke about his personal probate-related story at a Kyle Cease personal development event.
- 2015 (Phoenix, Arizona). Mr. Deloughery spoke at the North Phoenix Bar Association about the relationship between asset protection and estate planning.