Gary A. Phillips
Membergphillips@coleschotz.com New York Office1325 Avenue of the Americas, 19th Floor, New York, NY 10019
T: 646-563-8931 / C: 646-337-9685 / F: 646-563-7931
Legal Practice Assistant: Deborah Melamed
T: 201-489-3000 ext. 5013
dmelamed@coleschotz.com
OVERVIEW
Gary A. Phillips is a member in the Tax, Trusts and Estates Department. Gary counsels individuals, entrepreneurs, families and business owners in all aspects of estate planning, tax planning, corporate planning and business succession planning.
Licensed to practice law in New Jersey, New York and Florida, Gary frequently counsels clients on domicile and residency issues in these states. He edited the firm’s guidebook on relocating to Florida titled “On the Road to Florida: Cole Schotz’s Practical Guide to Changing Your Residence from New Jersey or New York."
Gary has lectured in the area of trusts and estates and business planning on topics such as general estate planning, estate administration, use of family business entities together with estate planning and buy-sell agreements.
He has been with the firm his entire career and has been awarded an AV rating for his professionalism and the quality of his legal work from Martindale-Hubbell, the publisher of the premiere directory of legal professionals. No aspect of this advertisement has been approved by the Supreme Court of New Jersey. See Award Methodology.
A frequent author of articles and blog postings on various areas of estate planning, Gary has been quoted in CCH periodicals as an expert in estate planning law.
Gary earned his B.S.B.A. from Washington University in St. Louis, his J.D. from Rutgers Law School-Newark and his L.L.M in Taxation from New York University School of Law.
Services
Education
New York University School of Law, LL.M. in Taxation, 1999Rutgers University School of Law-Newark, J.D., 1995Washington University, B.S.B.A., 1992Bar & Court Admissions
New Jersey, 1995Florida, 1995New York, 2009U.S. District Court, District of New Jersey, 1995NEWS
News
Best Lawyers Recognizes 36 Cole Schotz Attorneys on 2021 List
August 20, 2020
Best Lawyers Recognizes 29 Cole Schotz Attorneys on 2020 List
August 15, 2019
Best Lawyers Recognizes 31 Cole Schotz Attorneys on 2019 List
August 15, 2018
Gary Phillips was quoted in the article titled, "New Jersey Estate Tax Debate Thickens: Higher Threshold or Five-Year Phaseout?"
As published in: Bloomberg BNA Weekly State Tax Report April 22, 2016
Gary A. Phillips was quoted in an article titled "Standard federal Tax Reports- Taxes on Parade"
As published in: CCH Standard Federal Tax Reports November 15, 2012
Gary Phillips was quoted in an article titled "Federal Estate Tax Here to Stay"
As published in: Retirement Weekly July 22, 2011
EVENTS
Recent Events
COVID-19 Webinar: Estate Planning During Uncertain Times
Attorneys Speaking: Mary W. Browning and Gary A. PhillipsApril 7, 2020State Tax Planning for Individuals, Businesses and Trusts
Attorneys Speaking: Gary A. Phillips and Geoffrey WeinsteinMay 21, 2019Business Succession Planning - A Practice Guide For Attorneys, CLE Presentation at Cole Schotz NJ Office
Attorneys Speaking: Gary A. Phillips and Steven M. SaraiskyAugust 25, 20162015 Estate, Gift and Tax Updates, CLE Presentation at Cole Schotz
Attorneys Speaking: Gary A. Phillips and Michael J. KearneyDecember 10, 2015Estate Planning, New York Society of Security Analysts
Attorney Speaking: Gary A. PhillipsSeptember 7, 2011PUBLICATIONS
Publications
COVID-19 Crisis Highlights Need For Revocable Lifetime Trusts
Tax, Trust & Estates Law March 31, 2020
Gary A. Phillips and David J. ChoyneTreasury Extends BOTH Deadline to Pay Income Taxes and Deadline to File Income Taxes by 90 Days
Tax, Trust & Estates Law March 20, 2020
Gary A. Phillips, Melanie M. Lupsa and Steven M. SaraiskyTreasury Extends Deadline to Pay Income Taxes by 90 Days
Tax, Trust & Estates Law March 19, 2020
Gary A. Phillips, Steven M. Saraisky and Melanie M. LupsaNew SECURE Act Will Impact Individual's Retirement Accounts
Tax, Trusts & Estates Law December 23, 2019
Gary A. Phillips and David J. Choyne2020 Estate and Gift Tax Update
Tax, Trust & Estates Law November 14, 2019
Tishya M. Signorelli and Gary A. PhillipsSupreme Court Unanimously Rules that States Cannot Tax Trusts Based Solely on Location of Beneficiaries
Tax, Trusts & Estates Law June 26, 2019
Gary A. Phillips, Steven M. Saraisky and David J. ChoyneGifting Opportunity Available to New Yorkers
Tax, Trust & Estates Law January 16, 2019
Gary A. Phillips and David J. ChoyneIRS Releases 2019 Retirement Plan Contribution Limits
Tax, Trust & Estates Law November 5, 2018
Gary A. Phillips2017/2018 Estate and Gift Tax Update
Tax, Trusts & Estates Law September 15, 2017
Gary A. Phillips and Tishya M. SignorelliForeign Parents With U.S. Children: Trusts Play an Important Role
The Legal Intelligencer February 14, 2017
Steven M. Saraisky and Gary A. PhillipsForeign Parents With U.S. Children: Trusts Play an Important Role
New York Law Journal January 17, 2017
Gary A. Phillips and Steven M. SaraiskyThe Repeal of the New Jersey Estate Tax: Is it Now Safe to Move Back to New Jersey?
Tax, Trusts & Estates Law October 19, 2016
Gary A. Phillips and Steven M. SaraiskyParadox of Mental Incapacity in State Estate Tax: How Moving Your Elderly Parent from Florida May Generate an Unexpected Estate Tax
Tax, Trusts & Estates Law Monitor April 20, 2016
Geoffrey Weinstein and Gary A. PhillipsMoved to Florida, but still can’t let go of New York – Will your estate be subject to New York estate tax?
Tax, Trusts & Estates Law Monitor April 11, 2016
Gary A. Phillips2015/2016 Estate and Gift Tax Update
Tax, Trusts & Estates Law Monitor September 28, 2015
Gary A. PhillipsEstate Administration In A Paperless World
Tax, Trusts & Estates Law Monitor June 4, 2013
Gary A. Phillips and Mary W. Browning2013 Estate Planning – Still Not The Time To Be Complacent
Tax, Trusts & Estates Law Monitor May 13, 2013
Gary A. PhillipsAfter the Fiscal Cliff — A Summary of the New Federal Gift and Estate Tax Law
Tax, Trusts & Estates Law Monitor January 10th, 2013
Divorce Requires an Affirmative Review of an Estate Plan
New York Law Journal August 1, 2011
Tax Relief Act of 2010, Enacted December 17, 2010
Tax, Trusts & Estates Law Monitor December 1, 2010
Two More Reasons to Consider Converting Your IRA to a Roth IRA Before Year End
Tax, Trusts & Estates Law Monitor November 1, 2010
Tax Breaks Crumble for Temporary Stays
New York Law Journal September 20, 2010
A Look at the Current Muddled State of the Federal Estate Tax
New York Law Journal February 10, 2010
Roth IRA Universe Widens
New York Law Journal September 21, 2009
Moving to Florida? Three Things You Should Know About Florida Homestead Law
The Advisor Spring 2009
Estate Planning During and After Divorce
Cole Schotz Docket Winter 2008
Building Flexibility Into Irrevocable Trusts
New Jersey Law Journal September 1, 2008
The Retirement Asset Swap
New Jersey Law Journal January 28, 2008
Funding a Trust With Retirement Assets
Cole Schotz Docket Winter 2008
Funding a Trust with Retirement Assets
New Jersey Law Journal December 10, 2007
Build a Better Will
New Jersey Law Journal April 23, 2007
Yikes! New Sales and Corporate Business Tax Hikes!
Cole Schotz Docket Winter 2007
Update: Florida’s Tax Laws Offer Savings to Those Who Move from the North
Cole Schotz Docket Summer 2006
Florida’s Tax Laws Offer Savings to Those Who Move from North
Cole Schotz Docket Spring 2006
Florida's Favorable Tax Laws
New Jersey Law Journal A New Jersey resident could save thousands in taxes by moving to the Sunshine State January 30, 2006
Source of Estate Tax Payment is Now an Issue
New Jersey Law Journal Wills must be properly drafted to account for the new deduction for state death taxes November 14, 2005
New IRS Rule Affords Greater Flexibility for Medical Reimbursement Plans
Cole Schotz Docket Summer 2005
Pet Trusts in New Jersey and New York, Tax
Trusts & Estates Law Monitor
Disinheriting a Loved One
Tax, Trusts & Estates Law Monitor
Important Estate Tax Provisions in President Obama's 2012 Budget Proposal
Tax, Trusts & Estates Law Monitor
Focus on State Estate Taxes
Tax, Trusts & Estates Law Monitor
Focus on State Estate Taxes
Tax, Trusts & Estates Law Monitor
2011 Income Tax Return Information
Tax, Trusts & Estates Law Monitor
