Steven E. Hollingworth

Steven E. Hollingworth

Partner
Location:
Las Vegas, Nevada
Phone:
800-671-9908
702-997-7714
Fax:
702-853-5485
Email:

Steven E. Hollingworth, a partner of the firm, advises individuals, business entities, and nonprofit organizations on a broad range of tax planning and litigation matters. Mr. Hollingworth has substantial experience in estate, gift, and generation-skipping tax planning. His work in this area includes revocable and irrevocable trusts, grantor retained annuity trusts, charitable split-interest trusts, asset protection, and business succession planning.

Mr. Hollingworth's business tax experience includes investment fund formation, mergers and acquisitions, withholding and reporting obligations, and state and local tax matters. He regularly advises clients on the tax treatment of litigation recoveries, structured settlements, qualified settlement funds, and related reporting issues.

In addition to planning for the tax and estate planning needs of U.S. citizens and residents, Mr. Hollingworth has advised international families and fiduciaries on the structure of their U.S. investments, the tax treatment of foreign trusts, and the reporting and disclosure obligations of trustees as well as beneficiaries.

In connection with his estate and family business work, Mr. Hollingworth has formed and advised a variety of charitable and non-profit organizations. His experience includes obtaining and maintaining tax-exempt status, avoiding or minimizing unrelated business taxable income, and advising the officers and boards of such organizations concerning restrictions on their permitted activities.

Areas of Practice

  • Tax Planning and Controversy

Bar Admissions

  • California, 1999
  • Nevada, 2001
  • U.S. District Court District of Nevada
  • U.S. Court of Appeals 9th Circuit
  • U.S. Tax Court

Education

  • University of California at Los Angeles School of Law, Los Angeles, California
    • Juris Doctorate - 1999
  • Georgetown University Law Center, Washington, District of Columbia
    • LL.M. - 2006
    • Honors: With Distinction
    • Major: Taxation
  • Brigham Young University, Provo , Utah
    • B.A., Bachelor of Arts - 1996
    • Major: Russian International Relations

Published Works

  • Property Condemnations Under Section 1033: What Is "Property"?, by Robert W. Wood and Steven E. Hollingworth, Vol. 28, No. 3, Tax Management Real Estate Journal (March 7, 2012), p. 67.
  • State Tax Conformity and Qualified Settlement Funds, by Robert W. Wood and Steven E. Hollingworth, Vol. 133, No. 10, Tax Notes (December 5, 2011). p. 1277.
  • SILOs and LILOs Demystified, by Robert W. Wood and Steven E. Hollingworth, Vol. 129, No. 2, Tax Notes (October 11, 2010), p. 195.
  • Courts to IRS: Ease Up on Conservation Easement Valuations, by Scott D. McClure, Steven E. Hollingworth and Nicole D. Brown, Vol. 124, No. 6, Tax Notes (August 8, 2009), p. 551.
  • "Tax Issues From Employment-Related Damage Recoveries," Vol. 33, Nos. 6 & 7, Communiqué (June/July 2012), p. 32-32.

Classes/Seminars

  • Nevada Estate Planning and Drafting Fundamentals, National Business Institute, 2004
  • Hot Topics in Nevada Retirement Asset Planning, National Business Institute, 2003

Honors and Awards

  • CALI Excellence for the Future Awards - Corporate Income Tax Law II, Income Tax Accounting
  • CALI Excellence for the Future Awards - S Corporation and LLCs, Tax Practice and Procedure
  • Desert Companion Top Lawyers