William F. Russo
Estate and Wealth Planning
General Business and Tax Matters
Bill's practice is concentrated in business and succession planning for family business enterprises. Bill emphasizes the proper use of the latest tools and techniques to shift wealth to succeeding generations at the lowest possible transfer tax cost. Bill addresses a variety of matters relating to family business enterprises, including formational, organizational structure, and buy/sell issues from both a business and family context. In addition, Bill represents individual and corporate taxpayers before the IRS, state Tax Commissioners, and various courts, and has prevailed in a number of litigated tax controversies.
Bill represents a number of limited liability companies treated as partnerships for federal income tax purposes and has extensive experience with the intricate special allocations that are frequently employed in the operating agreements of such entities. For a number of years Bill has served as an Adjunct Faculty Member at the University of Cincinnati College of Law teaching courses relating to the taxation of partnerships and limited liability companies as well as basic federal income tax.
Bill has also served as the Chairperson of both the Taxation Committee and the Estate Planning and Probate Committee of the Cincinnati Bar Association. Bill lectures extensively to various local, regional and national audiences on topics relating to the income and estate taxation of family business enterprises.
Awards and Honors
A member of the American College of Trust & Estate Counsel (ACTEC). For over ten years, Bill has been honored with a listing in The Best Lawyers in America, published by Woodward/White, in 2005 was recognized as one of Ohio's Top 100 Super Lawyers by Law & Politics Media, and was recently voted by his peers as Greater Cincinnati "Tax Lawyer of the Year" for 2011.
Ohio; Florida; U.S. Tax Court and U.S. Court of Appeals, Sixth Circuit.
Certificates & Professional Affiliations
Certified by the Ohio State Bar Association as a Specialist in Federal Taxation Law through December 31, 2013.
University of Cincinnati (B.A.; J.D.), Phi Beta Kappa, Order of the Coif, Editorial Board, University of Cincinnati Law Review.
Bill is very active in a number of community organizations. He served for many years on the Board of Trustees for St. Xavier High School, Cincinnati, Ohio and on the Board of Trustees of the Ohio River Valley Chapter of the Arthritis Foundation.
255 E. 5th Street, Suite 2400
Cincinnati, OH 45202-4724
Phone: (513) 977-3479
Fax: (513) 762-0079
William F. Russo's Administrative Assistant is Valerie Schornak, who can be reached at (513) 977-3465