Scott E. Adams

Tax

Trusts & Estates

Private Companies

Scott Adams is a member of the Firm’s Trusts and Estates and Tax Practice Groups. Part of Scott’s practice focuses on estate planning strategies designed to minimize estate and other taxes, as well as ensure that assets left under a decedent’s will or trust for family members can be effectively and efficiently managed. In addition, Scott has significant experience in advising clients with respect to the administration of trusts and estates, and handling trust and estate litigation matters.

Scott has advised and assisted clients on various estate planning opportunities, including drafting wills and trusts designed to achieve significant tax savings. Some of the trusts that Scott has advised on and drafted include grantor trusts, generation-skipping transfer (GST) trusts, irrevocable life insurance trusts, grantor retained annuity trusts (GRATs), qualified personal residence trusts (QPRTs), revocable trusts used as either lifetime management tools or will substitutes at a client’s death, and various charitable trusts. He has experience in advising clients regarding family limited partnerships and limited liability companies, which are designed to enable clients to manage family assets and achieve other estate planning goals.

In addition to assisting clients with and drafting various estate planning documents, Scott has represented clients in trust and estate litigation matters, estate administration and return preparation. Scott also has experience in representing clients in estate and gift tax audits before the Internal Revenue Service.