William Hussey focuses his practice on private client services, including advising businesses and their owners on business operations, transactions and succession planning?with a particular emphasis on federal, state, local and international tax issues, and also counseling individuals and fiduciaries on estate and trust planning and administration.
As part of a multidisciplinary team, Bill counsels clients in structuring their business and investment affairs in a tax-efficient manner, from the selection, formation, and operation of business entities to the disposition of those entities. Bill provides guidance on the ongoing tax obligations and opportunities available to clients in all manner of their domestic and international operations. Bill regularly assists other members of the firm in structuring taxable and non-taxable acquisitions, mergers, and divestitures to maximize the economic potential to clients in those transactions. He also assists clients in resolving tax controversies that may arise at the federal, state and local levels. He is also familiar with the strategic use of qualified and non-qualified employee benefit and retirement plans to assist businesses in retaining and rewarding their employees and executives, including Employee Stock Ownership Plans (ESOPs).
Another focus of Bill’s practice is counseling individual clients, as well as fiduciaries, on all phases of estate and wealth transfer planning. He primarily concentrates his estate planning practice on business succession, wealth transfer and asset protection planning for higher net worth individuals, including business owners, executive employees, medical professionals, and their families. From essential Wills, Powers of Attorney and Living Wills, to more complex estate planning devices such as life insurance and other trusts, charitable and lifetime gifting, and family partnerships and LLCs, Bill is able to advise a client on selecting the appropriate tools to carry out the desired disposition of his or her estate, while minimizing the burden that death taxes can have on those plans.
Bill also advises non-profit clients on issues regarding the qualification and maintenance of tax-exempt status.
He has frequently lectured and publishes articles regularly on tax and estate planning topics of current interest.
Temple University Beasley School of Law (J.D., LL.M.,?2000)
Fox School of Business at Temple University (MBA, 1997)
The Wharton School of The University of Pennsylvania (B.S., 1989)
Recognitions & Accomplishments
Bill has been recognized by The Best Lawyers in America in the practice areas of Tax Law and Trusts and Estates each year since 2016.
Co-Author, How the 2020 Elections and Ongoing Pandemic Can Impact Your Estate Plan, Philadelphia Estate Planning Council (Fall 2020)
Prior to joining Kleinbard, Bill was the Chair of the Trusts and Estates?Group at White and Williams LLP.
Bill serves as pro bono counsel, event chair, board member and president for a number of charitable organizations outside of his professional endeavors.
In his free time, Bill enjoys spending his time with his family, coaching his twin sons’ baseball team, and playing golf and is looking forward to participating in triathlons and other endurance races when the weather is warm!