J. Eric “Tate” Taylor

Overview

Tate Taylor joined Trenam in 1991. He currently serves on the firm’s Executive Board, and also leads the firm’s Private Client Services Practice Group.  Tate also is a member of the Board of Directors of Raymond James Trust N.A., where he chairs the Corporate Governance and Compensation Committee and serves on the Audit Committee.

Throughout his career, Tate’s  practice has been closely associated with the preservation and management of wealth generated in the Florida communities served by Trenam.  A significant portion of his practice is given to assisting entrepreneurs, investors and their families and advisors with inter-generational transfers of business investments that minimize gift, estate and generation-skipping transfer taxes, maintain family cohesion and foster business continuity and growth.  Tate collaborates regularly with advisors from around the country in assisting Florida-based families whose holdings extend throughout the United States and the world.

Representative Matters

Tax and Wealth Transfer Planning

• Complex estate planning documents
• Grantor Retained Annuity Trusts/Intentionally Defective Grantor Trusts
• Irrevocable Life Insurance Trusts/Spousal Lifetime Access Trusts/Inter Vivos QTIP Marital Trusts
• Premarital agreements

Representing Fiduciaries in Complex Estate and Trust Administration and Litigation

• Modification and decanting of trusts
• Estate and trust accountings/distribution and release agreements
• Design and administration of complex IRA/trust structures
• Advising litigants in complex probate and trust litigation matters

Family-Owned Business/Family Office Planning and Administration

• Limited Liability Companies, Limited Partnerships and S Corporations
• Business succession planning
• Intra-family purchase and sale transactions involving family-owned business interests
• Family office organization and administration

Tax compliance and Controversies

• Preparation of Gift, Estate and Generation-Skipping Transfer Tax Returns
• Represent taxpayers and fiduciaries in examinations of gift, estate and income tax returns
• Represent taxpayers and fiduciaries before the IRS Appeals Office
• Represent taxpayers and fiduciaries requesting “9100” relief from the IRS to make late GST elections/allocations

Charitable Planning/Tax-Exempt Organizations

• Formation of private family foundations, supporting organizations and public charities
• Advising foundations on grant-making and complex grant agreements
• Charitable Remainder Trusts/Charitable Lead Trusts
• Use of Donor Advised Funds in tax and estate planning matters

Honors and Distinctions

• Tampa Magazine’s Top Lawyers List, 2020 – 2023
• Board Certified in Tax Law, Florida Bar
• AV Preeminent Peer Review Rated by Martindale-Hubbell
• The Best Lawyers in America, Trusts & Estates, 2009-2023
  • Lawyer of the Year, Trusts & Estates; Tax Law, 2023
• Florida Super Lawyers, Trusts & Estates; Tax Law, 2006-2023 (10+ years recognition)
  • Top 100: Florida Super Lawyers, 2018
  • Top 50: Tampa Bay Super Lawyers, 2018
• Florida Trend’s Legal Elite, 2012, 2019, 2022

Professional Involvement

• The American Bar Association, Tax Section
• The American Bar Association, Real Property, Trust and Estate Law Section
• The Florida Bar, Tax Section
  • Former Executive Council Member
• The Florida Bar, Real Property, Probate and Trust Law Section
  • Former Executive Council Member
• Tampa Bay Estate Planning Council
  • Former Member of Board of Directors
• Contributing author, several of the Florida Bar’s popular CLE Manuals, including Basic Estate Planning in Florida, Trust Administration in Florida, and Not For Profit Corporations in Florida.

Community Involvement

• Tate has volunteered his time in the service of a variety of charitable organizations.  He currently serves on the Professional Advisors Committee of the Community Foundation of Tampa Bay.