Nicholas D. Gaffney
Nicholas Gaffney concentrates his practice in the areas of estate planning, taxation, business planning, and estate and trust administration. Nicholas holds a master’s degree in taxation and advises individuals and businesses with respect to income taxes, estate taxes, gift taxes, and the federal generation-skipping transfer tax. His practice includes:
- Helping families understand, develop, and implement their estate planning goals.
- Implementing estate planning objectives through the preparation of wills, revocable trusts, irrevocable trusts (including grantor-retained annuity trusts, irrevocable life insurance trusts, and other gifting trusts), and related planning documents to ensure family members are cared for as assets move from generation to generation in a tax-efficient manner with due regard to sensitive personal and family circumstances and challenges that may be present at each new generation.
- Planning lifetime gifts.
- Counseling owners of closely held businesses on succession planning.
- Planning with trusts exempt from the federal generation-skipping transfer tax.
- Distribution planning for retirement plan benefits.
- Assisting individuals and companies with tax matters including the preparation and review of tax returns, private letter ruling requests, and tax controversies.
- Representing individuals and companies serving in fiduciary roles (personal representatives, executors, and trustees) with respect to the administration of estates and trusts.
- Assisting with charitable planning techniques.
- Establishing private foundations.
- Preparing charitable trusts.
American Bar Association
Media Mentions & Firm News
Mid-South Super Lawyers “Rising Star” (2022)
Phi Beta Kappa
Florida Fellows Institute of the American College of Trust and Estate Counsel — Graduate
University of Florida Levin College of Law — Book Awards: Taxation of Gratuitous Transfers and Civil Clinic
University of Florida Graduate Tax Program — Book Awards: Taxation of Gratuitous Transfers and Nonqualified Deferred Compensation II
University of Florida — Graduate Tax Research Assistant, Professor Dennis Calfee