Thomas C. Hoffman, II
Shareholder, Knox McLaughlin Gornall & Sennett, P.C.
Mr. Hoffman received his degree in Accounting (B.S.) from Penn
State University and his law degree from the University of Pittsburgh School of
Law.
He has represented thousands of businesses and high
net worth individuals during his career as a lawyer and CPA. He has helped plan
hundreds of business successions for a diverse group of clients, including
entrepreneurs engaged in manufacturing, oil & gas, timber, publishing and
other industries in more than 15 states. He began his career as a CPA with Ernst
& Young in Pittsburgh in 1990.
Mr. Hoffman often uses atypical
approaches seeking the best possible solution for clients’complex
ambitions
and circumstances. He works closely as a team with clients’accountants,
bankers,
insurance agents and wealth management advisors, aspiring to provide
high quality, seamless client
care. He also taps into his own working group
of key strategic legal and tax advisors, including
former IRS agents who
bring an even broader base of knowledge and experience to bear on
clients’
more unusual matters.
Mr. Hoffman concentrates his practice
on closely held business planning, business succession
planning,
implementation of sophisticated estate and trust planning, administration of
complex
estates and trusts, and the tax consequences of these matters. In
business successions, he knows how
to ask tough questions on whether a
successor will have the right skills to replace the seller’s abilities
and
maintain a profitable business. He also knows how to communicate difficult
issues in clear
language. When needed, he has represented clients before the
IRS in federal income, estate and gift
tax cases.
Mr. Hoffman is the
originator of the Knox Law Institute®, which provides valuable, relevant
and
practical education on legal matters to businesses, governmental
entities, nonprofit organizations,
insurance companies, financial
institutions, individuals and families, and professional advisors. He
is a
major contributor for topics including estate and business succession planning,
tax law, asset
protection, shale energy planning, trusts, charitable giving
and more.
