Tax Law Client Strategies: Leading Lawyers on Understanding and Allocating Risks, Assessing Settlements and Negotiations, and Developing Deal Strategies (Inside the Minds)
Tax Law Client Strategies is an authoritative, insider’s perspective on best practices for successfully representing a client to resolve tax disputes. Featuring partners and chairs from some of the nation’s leading law firms, these experts guide the reader through the legal landscape of this ever-evolving area of law. These top lawyers discuss the importance of understanding a client’s goals and motivations, establishing a positive client/attorney relationship, and proactively preventing legal disputes. From implementing successful negotiation tactics to structuring tax transactions and understanding the fundamentals of estate planning, these lawyers offer tips for working with clients to develop and execute a proper strategy for structuring deals and resolving disputes. Finally, these leaders reveal their strategies for avoiding common mistakes, planning defensively, hedging risks, finding creative solutions, and keeping abreast of change. The different niches represented and the breadth of perspectives presented enable readers to get inside some of the great legal minds of today as these experienced lawyers offer up their thoughts around the keys to success within this dynamic and fast-paced area of law.
Inside the Minds provides readers with proven business intelligence from C-Level executives (Chairman, CEO, CFO, CMO, Partner) from the world’s most respected companies nationwide, rather than third-party accounts from unknown authors and analysts. Each chapter is comparable to an essay/thought leadership piece and is a future-oriented look at where an industry, profession, or topic is headed and the most important issues for the future. Through an exhaustive selection process, each author was hand-picked by the Inside the Minds editorial board to author a chapter for this book.
Chapters Include:
1. James B. Bristol, Attorney, Waller Lansden Dortch & Davis – “Finding Creative Tax Solutions for the Client”
2. Robert C. Daleo, Partner, Riker, Danzig, Scherer, Hyland & Perretti LLP – “Practical Advice for Handling Tax Disputes”
3. J. Stephen Barge, Partner, Co-Practice Group Leader for Worldwide Tax, Kirkpatrick & Lockhart Preston Gates Ellis LLP – “The Dealings of Successful Tax Lawyers”
4. John B. Palmer III, Partner, Foley & Lardner LLP – “Structuring Tax Transactions
5. Christopher J. Peters, Partner, Willie Farr & Gallagher LLP – ‘Tax Strategies in M&A Transactions”
7. James L. Leet, Shareholder, McDonough Holland and Allen PC – ‘In the Tax Interests of the Client”
8. E. Allan Tiller, Partner, Haynes and Boone LLP – ‘Basics of U.S. Income Tax Deferral Planning for International Business Operations”
9. Joseph J. Selinger Jr., Partner , Tobin, Carberry, O'Malley, Riley & Selinger – “Advising on Section 1031 Transactions”
8. John Robert Cohn, Partner, Thompson & Knight LLP – “Avoiding Apple Cores: Advising Clients on the Tax Consequences of Cross-Border Transactions”
10. Frank S. McGaughey III, Partner, Powell Goldstein LLP – “The Fundamentals of Estate Planning”
11. Lisa Weinstein Burns, J.D., LL.M., Director, Rackemann, Sawyer & Brewster Professional Corporation – “Educating the Client in Estate and Tax Planning Savings”
12. Michelle M. Henkel, Partner, Alston & Bird LLP – ‘The Unique World of Tax Litigation”
13. Scott D. Michel, Member, Caplin & Drysdale – “Advising Clients in Criminal Tax Matters”
Appendices:
Appendix A: Sample Provisions for Bylaws for Controlled Foreign Corporation to Minimize Exposure to U.S. Tax
Appendix B: Master Closing List for Complex Exchange
Appendix C: Exchange Agreement for Delayed Exchange
Appendix D: Outbound Tax Primer
Appendix E: Taxation of Foreign Corporations Doing Business in the United States
Appendix F: The Family Limited Partnership
Appendix G: Memo Regarding Estate and Gift Tax Changes
Appendix H: Federal Gift and Estate Tax
Appendix I: Installment Sale of Non-Voting Stock in ABC, Inc.
Appendix J: The Irrevocable Life Insurance Trust
Appendix K: Charitable Remainder Trust
Appendix L: Testamentary Charitable Lead Trust
Appendix M: Grantor Retained Annuity Trusts (“Grats”)
Appendix N: Declaration of Trust of the Client Trust*
Appendix O: Proper Asset Ownership and Sample Draft Estate Plan
Appendix P: Sample Asset Summary Sheet
Appendix Q: Tax Controversies Flowchart
Appendix R: Sample Indictments