SHERMFIRM.COM

Scott brings new ideas to estate planning, often for clients who already have an estate plan in place. Many of his clients are elderly or dying (or the children of elderly parents) so the focus is on generation-skipping tax planning; achieving a basis stepup at death; avoiding probate where appropriate; and using discounts to minimize estate tax... Scott also has considerable experience planning for pension/IRA death benefits. For example, using those benefits to fund trusts while still achieving a slow, tax-deferred payout of the benefits, or as another example, using the benefits to satisfy charitable bequests without interfering with the payout of the rest of the benefits.

Primary location: Rye Brook United States