Louis Wollin is Counsel to the firm’s Private Wealth & Taxation, Trusts & Estates, Business & Real Estate Taxation and Tax Exempt Organizations Practice Groups. Lou has extensive experience working with clients in structuring estate plans to minimize gift, estate and generation-skipping transfer tax consequences and to help clients achieve their charitable goals.
Planning has included preparation of irrevocable trusts to facilitate gifting of assets, optimizing the tax benefits of transfers to trusts and restructuring trusts when circumstances warrant. Estate and gift tax planning also includes preparing operating agreements for limited liability companies to allow clients to gift membership interests at substantial discounts. Mr. Wollin provides ongoing advice to ensure that each client’s subsequent actions are consistent with applicable requirements.
Lou has assisted clients with cross border tax issues in consultation with counsel in other jurisdictions to ensure planning is comprehensive and understandable and takes into account issues of forced heirship and the impact of international treaties.
Lou guides clients through the formation of and applications for tax exempt status regarding private foundations and provides ongoing assistance in administering these entities.
In addition, Lou represents clients to address and resolve assessments arising at both the federal and state level.