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John F. Shoro
Managing Partner
Worcester, Boston
Overview
Experience
Insights + News
Blogs
John Shoro, Managing Partner and immediate past Estate, Financial & Tax Planning Practice Area Leader, is a highly-respected trust, estate, and tax lawyer, helping clients in Massachusetts, Connecticut and Florida with their sophisticated tax, administration and planning needs. He serves many of his trust and estate clients as a Personal Representative and trustee, frequently interacting one-on-one with beneficiaries, drafting documents, and handling investments and complex tax issues. His clients include business owners, professionals, executives and other high net worth individuals. He regularly handles matters involving:
John also handles tax matters related to the sale, acquisition and reorganization of businesses. While he often helps younger business people and their families, he has many clients approaching retirement age, as well as clients that he’s gotten to know well as a result of being with the firm for over 35 years. John often quarterbacks client teams comprising other outside experts, such as accountants, insurance advisors and financial advisors. John states, “This team approach is useful in various situations, especially when we’re helping the client figure out a succession or exit strategy.”
Besides work
John is a golfer and a n avid big baseball fan.
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Articles
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A stockholder’s sudden death raises several business and family issues
When the majority stockholder of a small, inherited family business died suddenly in his 50’s, the client was faced with several difficult issues. “We had prepared the man’s estate plan as well as his parents’ plans, so we knew the business and the family well and recognized the different interests of all of the parties. One of our priorities was to keep this manufacturing business running while we were dealing with distribution of the estate to the non-working widow, the children and the siblings, who were stockholders but not involved in running the business.” John also knew that the plan called for positioning the second-generation, Massachusetts-based business for sale. He worked closely with the client’s accountant to put a strategy in place featuring key employees, with incentives for the employees to stay on. The business sold quickly, and the proceeds went to the estate. Trusts were created for the widow and children along with individual life insurance, and resources for the family were maximized.
Complex individual and corporate tax planning involving a charity
The client was a business person with real estate held by the business and leased to a non-profit charity. He wanted to reduce his estate and income tax burden and maintain cash flow. John helped the firm’s client plan and create a charitable remainder trust funded with the real estate, getting it out of his estate for tax purposes and obtaining an income tax charitable deduction.
OTHER EXPERIENCE
Tax and wealth management
Estate planning and administration
Business planning and counsel
Publications
November 26, 2018
Worcester Business Journal publishes “Four Year-End Tax Planning Tips”
January 13, 2017
John Shoro Writes “Estate Planning Under President-Elect Trump” for the Massachusetts Society of CPAs
January 28, 2016
Boston Business Journal Publishes “ViewPoint: GE Deal Proves ‘Taxachusetts’ Label is More Like the ‘Myth of Massachusetts'”
News
May 6, 2024
Press Release: Bowditch’s Managing Partner John Shoro Named Go-To Taxation Lawyer
October 20, 2023
Seventeen Bowditch Attorneys Named to 2023 Super Lawyers and Rising Stars Lists
August 17, 2023
23 Bowditch Attorneys Recognized in the 2024 Edition of The Best Lawyers in America® and 10 Bowditch Attorneys Recognized in Best Lawyers: Ones to Watch in America™
October 11, 2022
Eighteen Bowditch Attorneys Named to 2022 Super Lawyers and Rising Stars Lists
Don’t Tax Yourself
May 6, 2024
Bowditch’s Managing Partner John Shoro Named Go-To Taxation Lawyer
November 7, 2019
John Shoro Quoted in Forbes’ “IRS Announces Higher Estate and Gift Tax Limits For 2020”
November 27, 2018
Worcester Business Journal publishes “Four Year-End Tax Planning Tips”
Sherri Lapointe
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