Steve is the practice group leader of Manning Fulton’s Corporate, Tax and Estate Planning Section. Steve represents middle market companies and closely held businesses in transactional matters, including mergers and acquisitions, corporate finance, partnerships and joint ventures, business succession planning, and other transactions with an emphasis on tax planning structure. Steve assists companies and individuals with real estate investment and development transactions and related tax planning. He also represents many business owners and high net worth individuals implementing substantial wealth transfer strategies and tax and estate planning for their families.
Steve has vast experience in representing many private, closely held companies in various business transactions including mergers and acquisitions, corporate finance, corporate reorganizations, recapitalizations, redemptions, product distribution arrangements and licensing. He also structures complex joint ventures, partnerships and strategic alliances. Clients benefit from Steve’s experience and advice on the tax planning and business implications of deal structure and “choice of entity” features related to the formation, operation, combination, restructuring, and termination of C Corporations, S Corporations, limited liability companies and partnerships. Steve helps clients navigate the wide variation of differences in the opportunities and risks associated with the types of business entity involved with their business transactions.
Steve’s wide range of experience includes counseling clients on corporate governance issues for boards of directors and corporate executives. He also structures buy-sell agreements for business entities. Steve has developed equity compensation and deferred compensation plans for key employees, including incentive stock option plans, non-qualified stock options, insurance solutions and related employment agreements. He has assisted clients with numerous corporate finance matters involving debt and equity financings, and also has substantial experience representing investors with private equity and debt investments. He has handled a number of private placement Regulation D securities offerings, including the preparation of confidential disclosure memoranda and other documents for compliance with federal and state securities laws.
A Board Certified Specialist in Estate Planning and Probate Law, Steve maintains a vibrant estate and tax planning practice. He works with clients on estate plans to implement tax-saving wealth transfer and management strategies with family trusts, limited liability companies and partnerships, generation-skipping trusts and multi-generational legacy trust planning, sales to defective grantor trusts, qualified personal residence trusts, grantor retained annuity and uni-trusts, various other estate freezing and discount valuation strategies, irrevocable life insurance trusts and related life insurance strategies, and probate minimization strategies, including the use of funded revocable living trusts. Steve helps clients navigate opportunities with business succession planning and asset protection strategies, often using the family trusts and business entities that also implement the wealth transfer and tax savings objectives in the client’s estate plan. Steve also assists clients with charitable planning objectives, including charitable lead and remainder trusts, family foundations, and related charitable giving opportunities. He regularly handles numerous estate and trust administration proceedings and matters to process wealth transfers for families following the loss of a loved one. Finally, Steve also has successfully represented clients with a number of income tax and estate tax related audits, following Internal Revenue Service examination of client tax returns.