About Scott P. Borsack
Scott also counsels clients on the means of passing wealth from one generation to another while limiting federal and state taxes, using sophisticated techniques involving pass-through entities and trusts. With an eye toward wealth succession, Scott is able to introduce estate tax saving concepts to entrepreneurs while developing plans for a liquidity event, as well. Inevitably, estate planning also requires participation in estate administration matters, and Scott is equally adept in this arena.
Additionally, Scott represents clients before federal and state taxing authorities. He has represented clients involved in all phases of civil and criminal tax investigations before administrative agencies as well as federal and state courts. As the Internal Revenue Service, in particular, has gotten more aggressive in its enforcement activities, the ability to defend positions before governmental authorities can be a significant benefit to clients.
Scott has developed a specialized practice, working with owners of real estate in the Marcellus Shale formation who have leased their property for natural gas exploration. Working with geologists, market analysts and real estate appraisers, Scott is able to craft plans for clients which allow for the passage of future wealth to family members without the significant bite of estate, gift and inheritance taxes.
Before entering private practice, Scott began his career as a trial attorney for the United States Department of Treasury, representing the Commissioner of Internal Revenue before federal courts. Scott recently returned to the firm after spending six years in Philadelphia directing the Tax and Estates Practice for a major Center City law firm. Scott is married and lives with his wife and two children in West Windsor, New Jersey.
Scott is a frequent author and lecturer on topics of tax planning, estate planning and estate administration.