Prior to his retirement in December 2018, Scott Sewell’s practice was principally focused on the representation of individuals, families and business owners in the areas of strategic estate planning involving wealth preservation and transfer, estate and trust administration, and business succession. Over the course of his career, he developed specific experience and expertise assisting high net worth individuals and families preserve assets and avoid estate taxes for multiple generations, as well as protect future heirs from creditor claims by way of spendthrift provisions, through the use of dynasty trusts.
As part of his comprehensive estate planning and administration practice, he coordinated the inventorying and valuations of properties and other assets, obtained releases of estate tax liens, coordinated and prepared state and federal estate tax returns, and drafted funding agreements to ensure dynasty trust assets are properly allocated to the beneficiaries’ trusts. Significant attention to detail is paid to the preparation of plan designs and estate planning documents so as to minimize the risk of future disputes among family members or with the Internal Revenue Service.
Scott also worked with closely held businesses, including a significant number in the energy and agriculture industries, to prepare for the smooth transfer of business interests through the use of effective business succession and tax planning strategies.
Over the years, Scott’s achievements earned him inclusion in The Best Lawyers in America (trusts and estates).