Scott Borsack
Lawrenceville, NJ
Licensed for 34 years
Law Degree
Awards
Primary Practice Area
Estate Planning
Language
English
About
Scott Borsack has more than 25 years of experience focusing on transactional tax planning, income tax planning, estate planning and tax controversy defense. Working as part of a team representing clients, Scott is routinely called upon to structure a variety of transactions to minimize the burden of federal and state taxes. Scott has worked with clients and their advisors to bring tax efficiency to mergers, acquisitions, dispositions, fund formations, workouts and debt restructuring, inbound and outbound investments, compensation planning and the use of tax pass-through entities such as partnerships and S corporations. Developing a tax strategy before transactions get off the ground allows for efficient implementation and maximization of client goals.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.
Practices Areas
Estate Planning
Language
English
Contact
Szaferman, Lakind, Blumstein & Blader, P.C.101 Grovers Mill RoadSuite 200Lawrenceville, NJ, 08648101 Grovers Mill RoadSuite 200Suite 200Lawrenceville, NJ, 08648
Office: N/A
Website: N/A