Mathew N. Sorensen

Mathew N. Sorensen

Partner

(602)761-9798
Mat@kkoslawyers.com

Mat Sorensen is a lawyer, best-selling author, and a national speaker and expert on self-directed retirement accounts.

AUTHOR
Mat is the author of The Self Directed IRA Handbook: An Authoritative Guide for Self Directed Retirement Plan Investors and Their Advisors.
The Self Directed IRA Handbook has received numerous distinctions.

  • Over 10,000 Copies Sold.
  • The most widely used and referenced book in the self-directed IRA industry.
  • Endorsed or used for training by nearly all major self-directed IRA custodians.
  • Used by the national association for the industry (RITA) as part of industry certification.
  • An Amazon Best-Seller and 5 Star Customer Rating.

LAWYER
Mat has advised thousands of clients with self directed retirement plan investments and has established IRA/LLCs, partnerships, private offerings, corporations, and other investment structures with self directed IRAs and 401(k)s. In addition to account owners, his clients have included trust companies, financial institutions, insurance companies, hedge funds, investment sponsors, and third party administrators.

Mat regularly consults self directed IRA owners on IRC 4975 and the prohibited transaction rules, on UBTI and UDFI taxes, and has represented self directed IRA owners before the IRS Appeals Office and the U.S. Tax Court.
Attorney at Law Magazine profiled Mat’s niche legal practice in self-directed IRAs in an article called, Building a Niche Practice, in 2015. You can read the article here

NATIONAL SPEAKER AND EXPERT
Mat routinely speaks to investors and professional groups on self-directed IRA topics.
Mat is the host and keynote speaker at the annual Self-Directed IRA Summit held annually in Scottsdale, AZ.

Mat serves as a primary instructor for the Self-Directed IRA Professional certification program. The certification program has had hundreds of attendees that has included sales, compliance, CEOs, General Counsel, and regulators from across the self-directed IRA industry. RITA is the premier national association representing the self directed retirement plan industry.

Outside Activities
In addition to practicing law, Mat is a partner in a real estate development company, a commercial real estate holding company, and has owned and managed a title insurance agency which handled over $100M in real estate transactions.
Mat was a guitarist in a classic rock cover band known as Spilbeedog. Mat is an avid cyclist and races road, cyclocross, and mountain bikes.
Mat has an amazing wife and three daughters.

Education
B.S. University of Utah, Economics, 2001
J.D. University of Maryland School of Law, 2004

Visit Mat’s testimonials at http://sdirahandbook.com/testimonials/

Representative Business Matters
Established over 1,000 corporations, LLC’s, and partnerships for clients.

Advised numerous clients in raising tens of millions of dollars for real estate and other business/investment ventures by using Private Placement Memorandums/Regulation Form D Offerings and by using creative partnership and joint venture structures.

Represented Utah Seller in successful $2.5 Million internet supply company asset sale.

Represented Utah Buyer in $2.7 Million purchase of construction/hardware company involving traditional bank and creative seller financing terms and agreements.

Represented numerous buyers and sellers of businesses ranging from dental and medical practices to coffee shops, gas stations and laundromats.

Represented CompHealth, a medical staffing company with thousands of employees across the U.S., as an in-house attorney and handled tax, regulatory, contract, and employment matters.

Worked in the Legal Department of Fiducial, Inc., an international franchisor of accounting and financial services and handled franchise law, employment, collections, and contract cases.

Advised hundreds of clients on asset protection structures and procedures to protect client’s assets from the risks and liabilities of their businesses and investments.

Routinely advise clients on business filings, amendments, dissolutions, stock and membership transfers, and on buy-sell and stock option matters.

Self Directed Retirement Planning & ERISA
Mat has advised over 1,000 clients who self direct their retirement accounts in alternative investments to ensure that their investments comply with the prohibited transaction rules in IRC 4975 and ERISA.

Represent clients in self directed IRA matters before the IRS and in the U.S. Tax Court.

Routinely advise retirement plan clients on UBTI and UDFI taxes in retirement plan investments.

Advised numerous clients on private offerings seeking retirement plan funds and on the plan asset rules, fiduciary rules, and other requirements to such structures.

Routinely advise clients in finding solutions and structures to achieve investment objectives. He has helped clients establish legitimate IRA/LLC’s and partnerships for the investment of their accounts and work with their client account custodians and administrators in creating legitimate investment structures that are in compliance with IRC 4975 and/or ERISA.

Representative Real Estate Matters
Drafted, negotiated and have advised clients on hundreds of real estate transactions ranging from ski resort condiminium developments, to large commercial properties, to single family rental properties.

Drafted, advised, and recorded CC&R’s, Declarations and Plats for dozens of developments, PUD’s and condominiums.

Obtained numerous zone changes and conditional use permits for real estate developers and investors including changes from residential to commercial.

Former owner and manager of Utah Title Company which conducted approximately $100 Million in real estate transactions from 2006 to 2010.

Advised numerous developers and property owners on HOA issues including an investment company who took over a development and its HOA following the foreclosure of the original developer.

Representative Litigation Matters
Represent national insurance company in real estate construction defect cases in Southern Utah. Obtained Summary Judgment victory in Arizona Superior Court for a real estate investor client who invested money with another real estate investor.

Represent Arizona land owner in real estate and water rights dispute with neighboring owner.

Represented title and escrow company in real estate and title related cases in Arizona and Utah.

Represented numerous parties and estates in wrongful death claims resulting in recoveries in excess of $1 Million.

Represented the State of Utah as first chair trial counsel while serving as an Assistant Attorney General in the felony jury trial of State v. Motta which successfully resulted in felony convictions on all counts. While serving as an Assistant Attorney General in the Utah Attorney General’s Office, Mat also appeared on approximately one hundred cases where he handled motions, preliminary hearings, and trials.

Represented divorced spouse in child support, alimony, and property collection actions against former husband. Following the hearing in Utah District Court, the Court ordered that our client receive judgments and orders allowing for recovery of the amounts not paid and also found the former husband in contempt of court and ordered that he serve time in jail as punishment for failing to pay our client.

Represented and defended Utah landowners in Utah District Court who were sued by neighboring property owners regarding easement access. After asserting numerous defenses and counterclaims, the case was settled for a nominal sum and the clients retained their easement access rights.

Represented and defended surviving spouse in California Superior Court on a pro hac vice basis. Plaintiff brought probate and civil actions against our client alleging elder abuse, fraud, and undue influence. After extensive discovery and mediation the case settled favorably for a fraction of the amounts alleged and complained of by the plaintiff.

Represented numerous injured parties in Utah District Court and Utah Federal District Court including cases of products liability, employment discrimination, plane accidents, slip and fall, and auto accidents and has received numerous six and seven figure recoveries.

Represented client in real estate deal/loan in Arizona Superior Court. Case resulted in six figure settlements and judgements from multiple defendants.

Represented client in arbitration against her former physician on medical malpractice claims. Case was arbitrated before a retired Judge and resulted in a favorable settlement following the arbitration trial but before the issuance of a ruling by the arbitrator.

Represent homeowner in luxury home construction defect case involving numerous parties and numerous failures in design, construction and supervision. Case resulted in significant confidential settlement to client.

Represented business owner in felony criminal charges brought against him in Utah District Court. After investigation of facts and law and negotiations with the prosecuting attorney, I obtained an entire dismissal of the case without the client having to be booked in jail or having to appear in Court. Represented guardian of child after Utah DCFS investigated and made findings of dependency charges against client. Mat appealed the dependency charges and the appeal resulted in reversal of all charges against the client.

Outside Activities
In addition to practicing law, Mat is a partner in a real estate development company, a commercial real estate holding company, and has owned and managed a title insurance agency. Mat was a guitarist in a classic rock cover band known as Spilbeedog. Mat has an amazing wife and three daughters.
You can also visit Mat’s blog by going to http://sdirahandbook.com/