February 25, 2020
Sills Cummis & Gross is pleased to announce the addition
of Joseph P. Scorese as a Member of the Firm’s Tax, Trusts and Estates Practice.
Mr. Scorese’s primary area of practice is
complex estate planning and estate and trust administration for high net worth
individuals and families. Mr. Scorese counsels clients in the New York and New
Jersey area and helps them design and realize both appropriate and realistic estate
planning goals. He then implements those goals with customized drafting
solutions utilizing the latest cutting-edge strategies including sophisticated
wills, revocable trusts, irrevocable life insurance trusts (ILITs), charitable
remainder trusts (CRATs and CRUTs) and charitable lead trusts (CLATs and
CLUTs), family limited partnerships and limited liability companies, qualified
personal residence trusts (QPRTs), grantor retained annuity trusts (GRATs) and
intentionally-defective grantor trusts (IDGTs). In the complicated area of
estate and trust administration, Mr. Scorese readily and regularly engages with
fiduciaries and beneficiaries to provide creative tax planning ideas which can
help minimize the bite of taxation from income and capital gains taxes, estate
tax, gift tax and generation-skipping transfer tax, thereby maximizing the
amount of wealth passing to family.
Scorese received his J.D. from Columbia University School of Law and his B.A.
from Trinity College. He is admitted to
practice in New Jersey and New York.