Overview

Joel Sherman, a Director, concentrates his practice in the field of estate and business planning and the administration of estates. He counsels family-owned businesses, their principals and families on a variety of corporate and personal issues, including the transfer of business interests from one generation to the next, estate and succession planning, charitable planning, including the negotiation of major gifts with charitable institutions, and personal and family matters. Joel is frequently appointed Guardian Ad Litem by the Probate Courts in connection with the allowance of Fiduciaries’ Accounts and other probate-related matters.

Representative Experience

• Successfully negotiated the settlement of several examinations of Federal Estate Tax Returns involving complex issues relating to the valuation of assets and deduction of expenses. 
• Administered the estate of an individual with dual citizenship who left both United States and Israeli Wills disposing of assets in each jurisdiction and involving issues relating to the valuation of intellectual property interests. 
• Mediated and successfully resolved the administration of an estate involving a 15 year dispute among five family members. 
• Successfully negotiated a Lien Agreement with the Internal Revenue Service involving payments of the Federal Estate Tax in installments for an interest in a limited liability company owning a commercial shopping center.
• Represented third and fourth generations in gift tax and succession planning for a 100 year-old family owned business.