James J. Gallagher
Regarded by clients as a thoughtful, diligent and skilled lawyer
Jim Gallagher maintains a comprehensive business and tax practice that includes the preparation of wills, trusts, and other estate planning documents. In his business practice, Jim counsels and advises clients on business formation and management, including the drafting of operating agreements and stockholder agreements. He is experienced in the preparation, review, and negotiation of documents for the purchase and sale of assets or stock or other equity interests, as well as commercial and employment-related contracts. Through the representation of physicians and physician groups, Jim has also developed a thorough understanding of federal and state healthcare regulatory compliance issues, which accentuates his ability to counsel healthcare industry clients on business and tax matters.
In his trusts and estates practice, he counsels clients on diverse matters, from implementing transfer tax minimization strategies to understanding the fundamentals of a basic estate plan, such as the use of powers of attorney and healthcare directives, and the coordination of an estate plan with existing retirement plans and insurance policies. In addition to drafting and reviewing trust instruments and utilizing them to address clients’ needs for tax planning, asset protection, and family wealth preservation, Jim is well-versed in estate administration, trust reformation, and the relocation of trusts to Delaware.
Practice areas:
• Tax, Estates and Business Practice
• Tax Advice for Businesses and Owners
• Trusts and Estates
• Small Businesses and Start-Ups
• Succession Planning
• Business Transactions, Strategic Planning and Counseling
• Delaware Alternative Entities: LLC, LP, Partnership and Trust
• Commercial Transactions
• Corporate Advice
• Delaware Advantage Trusts
• Elder Law and Disability Planning
• Personal Tax Advice and Planning
• Private Clients
jgallagher@morrisjames.com
302.888.6873
- University of Pennsylvania Law School
- J.D. (2004)
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- Law Firm of the Year
- Corporate INTL Tax Planning
- Top Lawyer - Estate, Probate and Trusts
- Delaware Today
- Delaware Today Top Lawyers Trusts & Estates, Healthcare Law, 2018 Business-Commercial law, 2019 Healthcare Law, 2021 Estate, Probate & Trust Law, 2022 - present
- Closely Held Companies and Family Businesses Law; Elder Law; Tax Law; Trusts and Estates
- Best Lawyers
- Recognized for Private Wealth Law in Delaware
- Chambers High Net Worth
- Associate Editor
- University of Pennsylvania Law Review
- State Bar of Pennsylvania # 310645
- Member
- Current
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- State Bar of Delaware # 004549
- Member
- Current
- Activities: Section of Taxation, Chair, 2013-2014 Estates and Trusts Section, Secretary, 2017-2018 Health Law Section
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- American Bar Association
- Member
- Current
- Activities: Taxation Business Law Real Property, Trust and Estate Law Health Law
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- Wilmington Tax Group
- Member
- Current
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- Estate Planning Council of Delaware
- Member
- Current
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- Delaware State Chamber of Commerce, Tax Committee
- Member
- Current
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- Delaware
- Delaware Supreme Court
- ID Number: 004549
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- Pennsylvania
- Disciplinary Board of the Supreme Court of Pennsylvania
- ID Number: 310645
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- Business Law
- Business Contracts, Business Dissolution, Business Finance, Business Formation, Business Litigation, Franchising, Mergers & Acquisitions, Partnership & Shareholder Disputes
- Tax Law
- Business Taxes, Criminal Tax Litigation, Estate Tax Planning, Income Taxes, International Taxes, Payroll Taxes, Property Taxes, Sales Taxes, Tax Appeals, Tax Audits, Tax Planning
- English: Spoken, Written