Paul Marcotte Jr

Paul Marcotte, Jr. Chairs the firm’s Tax practice group and is a member of its Estate Planning, Estate & Trust Administration and Nonprofit groups. He concentrates his practice on federal, state and international tax matters (both planning and controversy), estate and wealth preservation planning, probate and trust administration, nonprofit organizations, and business counseling and succession planning. Paul helps his clients by putting complicated tax issues into simple English. He makes sure that the individuals, businesses and international clients he services have help navigating our complex tax systems and avoid potential minefields such as increased levels taxation and/or penalties.
Paul’s international tax practice also includes advising a wide spectrum of clients on cross border investment matters and international tax compliance. He counsels multinationals on the structuring of foreign investment in U.S. real estate or establishing new business ventures or subsidiaries in this country with a view to minimizing the potential impact of U.S. income taxation on the profits/gains from such activity and limiting exposure to U.S. wealth transfer taxes. The converse involves assisting U.S clients (including dual nationals) that hold interests in offshore entities subject to some rather complex and onerous tax regimes and enhanced reporting requirements including foreign trusts, controlled foreign corporations and passive foreign investment companies where penalties for non-compliance can be quite severe. He also advises on more complex international matters including expatriation planning and migrating offshore structures onshore to avoid the need for continuing reporting of such holdings and undue tax exposure by U.S. beneficiaries.
From an estate planning perspective, Paul designs sophisticated strategies for high net worth clients, including successful business entrepreneurs and real estate investors.

Georgetown University Law Center

LL.M. (1983) | Taxation

University of Maryland - University College

MBA (1981) | Concentration in International Finance

University of Baltimore School of Law

J.D. (1981)

1981

Honors: American Jurisprudence Award for Study of Agency & Partnerships

University of Maryland - College Park

B.S. (1976)

Activities: Beta Alpha Psi - Accounting Fraternity

Principal

Paley Rothman

Current

Best Lawyers in America

Best Lawyers

2018

Maryland Super Lawyers (2015-2018)

Maryland Super Lawyers

2018

Washington D.C. Super Lawyers (2015-2018)

Washington D.C. Super Lawyers

2018

Best Law Firms

U.S. News & Best Lawyers

- Tier 2 National Ranking for Trusts & Estates - Tier 1 Metropolitan (D.C. area) Ranking for Trusts & Estates

Maryland State Bar

Member

Current

Activities: - Tax Section - Past Chair - Estates & Trusts Section

American Bar Association

Member

Current

Activities: - Tax Section - Real Property, Trust and Estate Section - Business Law Section

Society of Trust and Estate Practitioners (STEP)

– Member/Treasurer Mid-Atlantic Branch

Current

District of Columbia Bar

Member

1982 - Current

Activities: - Tax Section

District of Columbia

District of Columbia Bar

Since 1982

Maryland

• Estate & Trust Administration
• Nonprofits