William C. "Bill" Hussey II

William C. "Bill" Hussey II


Kleinbard LLC

Recognized since 2016

Philadelphia, Pennsylvania

Practice Areas

Tax Law

Trusts and Estates

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William Hussey focuses his practice on matters of federal, state, local and international taxation.

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 Business Department 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 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 high net worth individuals, including business owners, executive employees, medical professionals and their families. From 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. In particular, he is actively engaged with members of the firm’s Education Law Group in advising institutions of higher education in designing employee compensation and other programs that comply with state and federal laws.

He has frequently lectured and publishes articles regularly on tax and estate planning topics of current interest.

REPRESENTATIVE MATTERS

  • Successfully appealed Pennsylvania Capital Stock Tax assessment against a national banking association at both Commonwealth Court and Supreme Court levels
  • Provided state and local tax planning services to national wholesale distributor to ensure proper compliance and achieve significant marginal tax savings
  • Advised closely-held corporation in structuring new business venture with operations in Asia, Central America, Europe and the United States to minimize aggregate global tax burden for the corporation, its U.S. subsidiaries and shareholders
  • Assist numerous high net worth individuals and their families to devise, implement and execute advanced estate planning and business succession strategies that significantly reduced their federal and state death and income tax burdens

RECOGNITION & INVOLVEMENT

Bill has been recognized by The Best Lawyers in America in the practice areas of Tax Law and Trusts and Estates in 2016 and 2017. He was also was named in a survey of his peers as a Pennsylvania "Rising Star" lawyer by Law & Politics magazine in 2006 and 2007.

Bill also 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, playing golf and participating in triathlons and other endurance sport events.

Location
  • Three Logan Square, Fifth Floor
    1717 Arch Street
    Philadelphia, PA 19103
Education
  • Temple University, LL.M, graduated 2001
  • Temple University, J.D., graduated 1997
  • University of Pennsylvania, BS, graduated 1989
Bar Admissions
  • Pennsylvania, United States
  • New Jersey, United States
Affiliations
  • American Bar Association - Taxation Section; Real Property, Probate and Trust Law Section
  • Estate Planning Council of Lehigh Valley - Member
  • Philadelphia Estate Planning Council - Member
  • Philadelphia Bar Association - Tax Section; Probate Section

Kleinbard LLC
Headquarters: Philadelphia, Pennsylvania

5 The Best Lawyers in America® awards

4 Best Lawyers: Ones to Watch® in America awards

Best Law Firms Badge Visit Website View Firm Profile

Recognized in The Best Lawyers in America® 2024 for work in:
  • Tax Law
  • Trusts and Estates
Additional Areas of Practice:
  • Closely Held Companies and Family Businesses Law

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Tax Freedom Day


Tax Freedom Day

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William C.

Hussey

Personal Representatives and Fiduciaries: Executors, Administrators and Trustees and Their Duties


Personal Representatives and Fiduciaries: Executors, Administrators and Trustees and Their Duties

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William C.

Hussey

Deducting 2018 Real Property Taxes Prepaid in 2017 Comes with Caveats


Deducting 2018 Real Property Taxes Prepaid in 2017 Comes with Caveats

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William C.

Hussey

Substantive Federal Tax Changes Now a Reality


Substantive Federal Tax Changes Now a Reality

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William C.

Hussey

2017 Federal Tax Act – Individual Tax Provisions


2017 Federal Tax Act – Individual Tax Provisions

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William C.

Hussey

Federal Tax Reform Continues to Inch Forward


Federal Tax Reform Continues to Inch Forward

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William C.

Hussey

Federal Tax Reform Continues to Inch Forward


Federal Tax Reform Continues to Inch Forward

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William C.

Hussey

The Importance of Estate Planning: Where There's a Will, There's a Way


The Importance of Estate Planning: Where There's a Will, There's a Way

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William C.

Hussey

Proposed Federal Income Tax Reform: Who Will the Winners and Losers Be?


Proposed Federal Income Tax Reform: Who Will the Winners and Losers Be?

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William C.

Hussey

Planning Now: Possible Federal Transfer Tax Repeal


Planning Now: Possible Federal Transfer Tax Repeal

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William C.

Hussey

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