Peter Reiss is one of the shareholders of the firm. Mr. Reiss was recently named an Accredited Estate Planner ™ by the National Association of Estate Planners and Councils (www.naecp.org), is a member of the American Bar Association Section of International Law Private Client Committee and is a member of the National Association of Elder Law Attorneys.
He is admitted to practice in Pennsylvania, New York, the US Tax Court and the US Supreme Court. He has chaired the Bucks County Bar Association’s Tax Law Section and Orphans’ Court Section. He is a member of the Bucks County Estate Planning Council. He was a member (12 years) and president (4 ½ years) of the New Hope-Solebury Board of School Directors. He is currently a director of Doylestown’s nonprofit County Theater. Peter and his wife are “empty nesters” in Solebury, with children currently living in Qingdao, China; Williamsburg, Brooklyn (NY); and Asheville, NC.
Peter is a magna cum laude graduate of Union College, where he was elected to Phi Beta Kappa. He received his J.D. and LL. M. in Taxation degrees from the New York University School of Law.
Mr. Reiss concentrates his practice in the following areas:
- Trust and estate planning: collaboration with clients regarding lifetime and estate planning goals; analysis of applicable income, gift and estate tax issues; preparation of wills, trust agreements, and, if indicated, formation of suitable business entities if applicable (LLCs, Limited Partnerships, etc.) to facilitate planning goals. Attention to applicability of relevant statutes to special planning needs of non-traditional family units, such as unmarried couples, adopted children, etc.
- Trust and estate administration: working with executors, trustees and beneficiaries in connection with the administration of estates and trusts, and, where necessary, protecting the rights of minority beneficiaries who are aggrieved by abusive fiduciaries.
- Corporate and individual taxation: structuring corporations, LLCs, partnerships, etc. to achieve the most beneficial tax objectives and to plan for protection of assets and tax-efficient intergenerational wealth transfer.
- Federal and State tax compliance issues: representing individuals, businesses, trusts and estates with IRS and various state departments of taxation in connection with audits, investigations and appeals, both administratively and in Court.
- Business organization and planning: formation, financing, structuring and use of various business entities to help clients realize financial and tax objectives; purchases and sales of business interests between related parties and unrelated parties.
- Tax exempt organizations: the formation and operation of private and public charities; structuring gifts for maximum tax effectiveness and to benefit both family members and chosen charitable organizations; tax implications of gifts and bargain sales of conservation easements.
- Elder law: Helping seniors and their families prepare for long term care needs, applications for Medicaid, and preparation of the essential estate planning documents to protect the quality of life and effectively and sensitively deal with end-of-life decisions of senior citizens and their families.