James McNair counsels clients on federal taxation matters, with an emphasis on estate planning and developing strategies for succession in the management and ownership of closely-held businesses. Mr. McNair is nationally recognized for his sophisticated wealth preservation practice and has one of the largest wealth preservation practices in the mid-Atlantic region. He also handles real estate and corporate transactions, and advises clients regarding the financial and tax implications of those transactions.
Mr. McNair assists clients in a broad range of industries, including real estate – where he represents developers, investors, general contractors, subcontractors, home builders, property managers, and hotel management companies. He regularly advises emerging technology clients, government contractors, retailers, automobile dealers, and many other traditionally family-owned businesses.
Mr. McNair focuses on enabling clients to preserve and maintain control over their business interests and investments, while minimizing applicable gift, estate, and generation-skipping transfer taxes. He employs a number of creative techniques to accomplish his clients’ goals, including estate “freezing” transactions, a variety of trusts, insurance arrangements, succession planning for closely-held businesses, and charitable planning. Mr. McNair often represents fiduciaries in litigation involving trusts and estates. He also has an extensive transactional practice, which addresses choice of form of organization; preparation of partnership, limited liability company, and corporate organizational documents; corporate and partnership reorganizations and recapitalizations; as well as financing transactions and associated matters.
Before joining the firm, Mr. McNair was the managing partner at the Tyson’s Corner office of a D.C.-based law firm. He also served as a partner for more than 15 years at a Washington, D.C. law firm.
Professional Affiliations:
Taxation Section, District of Columbia Bar
International Association of Financial Planners
District of Columbia Estate Planning Council
American Bar Association
Capital Hospice – Board Member, Vice President, Treasurer
Education
Georgetown University, LL.M., Tax , 1985
Georgetown University, J.D., 1980
University of New Orleans, B.S., Accounting, 1977
Bar Admissions
District of Columbia
Maryland Virginia
Court Admissions
U.S. Tax Court
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