- Practice Areas: Estate Planning, Estate Administration, Business Planning and Executive Benefit Planning
- Firm: James A. Soressi Attorney at Law
James Soressi has over 20 years of experience as a tax attorney in the practice of estate planning, business planning and estate administration.
He began his career as an Estate Tax Attorney for the Internal Revenue Service where he conducted field audits of estate tax returns and fiduciary income tax returns. This education and experience provided an excellent foundation in determining the design of estate plans under the law and addressing estate administration issues.
Life Insurance Experience
He later joined a major insurance company in its advanced underwriting department where he worked with high net worth individuals and closely held business owners in designing basic and sophisticated estate plans. This also encompassed establishing business succession plans for closely held businesses as well as non-qualified executive benefit planning for key employees. This often involved creative and integrated planning and drafting to accomplish the client's goals with preferred tax results.
Before starting his private practice, Jim also worked at a prominent Long Island law firm where he concentrated on creating and drafting innovative and sophisticated estate plans while minimizing income, gift, estate and generation skipping taxes.
While with the law firm, he also handled all aspects of estate administration. This included probate proceedings, estate administration regarding asset gathering and valuation, preparation of Federal and New York State estate tax returns, handling and negotiation of estate tax audits and preparation of and settlement of formal and informal accountings.
Jim is a member of the adjunct faculty at Long Island University, CW Post Campus, where he teaches the Probate course in its Paralegal Program. He is also a faculty member of LawLine.com, an internet based continuing legal education provider, where he has taught the course "Business Succesion Planning: Family Business Issues."
Throughout his career, Jim has also authored numerous articles in the estate and business planning areas and has lectured extensively on these subjects across the country.