Philip Corbo is a Co-President of the Firm and a member of the Tax, Trusts & Estates Department. His practice focuses on estate planning, business succession planning, fiduciary/trust & estate litigation, and trust & estate administration. He is a Fellow of The American College of Trust and Estate Counsel.
Philp represents high net worth individuals and families in matters ranging from estate planning to complex business succession planning. His client base includes owners of multi-generation family businesses and start-ups, as well as corporate executives. Licensed in New Jersey and New York, Philip assists individuals and families in planning related to estate tax, gift tax, generation-skipping transfer tax and income tax. In addition to advising clients and preparing Wills, revocable trusts, irrevocable trusts, health care directives and powers of attorney, Philip assists clients with more complex estate planning techniques, including transfers and sales to intentionally defective grantor trusts, grantor retained annuity trusts, qualified personal residence trusts, inter vivos marital deduction trusts and qualified plan trusts. He also assists clients with modifying, terminating and decanting trusts.
Philip’s technical estate & trusts experience complements the Firm’s fiduciary litigation practice. His litigation experience includes Will contests, undue influence claims, life insurance disputes and complex surviving spouse/elective share claims.
Philip began his tax, trust & estates career in the Tax Section of the Law Department at Prudential, in Newark, working full-time and attending Seton Hall Law School at night. Following law school, Philip continued to work full time while earning his LL.M. in Taxation at New York University School of Law. He started as an associate at the Firm in 2001, was elected Shareholder effective January 2007 and has been on the Management Committee since 2011.
August 17, 2023 | Recognition
Recognition by Best Lawyers in America® 2024 EditionFebruary 28, 2018 | Speaking Engagements & Publications
Decanting in New Jersey and Beyond