Mr. Joseph Septimus heads the Kostelanetz & Fink Trust & Estates practice. Additionally, Mr. Septimus represents clients who are engaged in civil tax disputes with the Internal Revenue Service. Mr. Septimus currently serves on the executive committee of the tax section of the NYSBA, and also co-chairs the section of personal income tax.
Prior to joining Kostelanetz & Fink, Mr. Septimus worked for seven years at Sullivan & Cromwell, LLP, in their tax department.
Mr. Septimus is an Adjunct Assistant Professor at Brooklyn Law School, where he teaches “Taxation of Gifts and Estates.”
Prior to working at Sullivan & Cromwell, LLP, Mr. Septimus clerked for the Honorable United States District Judge, Nicholas G. Garaufis in Brooklyn, New York, where he prepared judicial opinions and bench memoranda on various criminal and civil motions. Mr. Septimus received his J.D., summa cum laude, from Brooklyn Law School in 2002, where he graduated first in his class. He is admitted to the Bar in New York. Mr. Septimus’s publications include: “Are Life Settlements a Trade or Business? Applying Old Standards to a New Idea,” 27 (1) Journal of Taxation of Investments (Fall 2009); and, “Taxation of the Secondary Market for Life Insurance, Recent Guidance Provides Some Answers,” 23 (3) Taxation and Regulation of Financial Institutions (January/February 2010).
In addition, Mr. Septimus is a Founder and Trustee of KZM, an organization that assists impoverished families in purchasing clothing prior to every summer and winter. Since its inception, the organization has distributed over $1 million in funds within the New York metropolitan area.
Joseph Septimus Representative Matters
- Advised clients with establishment of dynasty trusts and other multi-generational estate planning
- Advised clients with respect to establishment of private foundations
- Representation of clients before the Internal Revenue Service in a broad range of civil tax controversies
- Representation of numerous clients in making voluntary disclosures of offshore bank accounts