Kimberly E. Cohen

Partner

Kimberly Cohen is known for her strategic planning advice and extensive estate planning experience. Kim regularly counsels entrepreneurs, partners of private equity firms, venture capitalists, private and public company officers and shareholders, and high net worth individuals and families in the development and implementation of sophisticated planning techniques to aid with the accumulation, preservation, and transfer of wealth. She has particular experience working with private equity and hedge fund clients in the Boston and New York regions.

In addition, Kim serves as a trustee for many family trusts and helps clients achieve their philanthropic goals through vehicles such as private foundations, charitable remainder and lead trusts, and charitable gift annuities.

Kim is also a frequent lecturer on new developments in the estate planning area including at the Heckerling Institute on Estate Planning, The American College of Trust and Estate Counsel (ACTEC) Annual Meeting, and The American Law Institute Awards.

Recognition

  • The Best Lawyers in America Trusts and Estates “Lawyer of the Year” (2023)
  • Boston Magazine “Top Lawyers” (2021-2022)
  • Chambers High Net Worth (2016-2023)
  • Chambers USA (2011-2020)
  • Best Lawyers in America (2015-2024)
  • Massachusetts Super Lawyers (2016-2023)

Publications and Presentations

  • Advanced Estate Planning Practice Updates, panelist, American Law Institute Continuing Legal Education triannual national webcasts, 2019.
  • “GST Exemption a Victim of ‘Sloppy Drafting,’ but It May Not Matter,” quoted, Tax Analysts, March 16, 2018.
  • “Hot Topics,” co-presenter, ACTEC National Meeting, San Antonio, Texas, March 2018.
  • “New Inflation Adjustment May Complicate Estate Planning,” quoted, Tax Analysts, February 7, 2018.
  • “Guidance Plan Placement May Signal Estate Project Course Change,” quoted, Tax Analysts, February 7, 2018.
  • "Advanced Estate Planning Practice Updates," panelist, American Law Institute Continuing Legal Education triannual national webcasts, 2018.

Professional and Community Involvement

  • Vice Chair of Estate and Gift Tax Committee, ACTEC

Education & Credentials

Cornell Law School
JD, 1997, magna cum laude
Order of the Coif
Dartmouth College
BA, 1994, with honors

Admissions

Massachusetts

New York

Kimberly's Insights

Publications 12.14.2023

Corporate Transparency Act:
LLCs and Other Entities Required to Report Ownership and Control Information to the Federal Government, Deadlines Vary

The new federal disclosure requirements under the Corporate Transparency Act (“CTA”) will come into effect on January 1, 2024, although only certain entities (those formed in 2024) will need to report next year.  For entities formed before 2024, the deadline for reporting will be later, on January 1, 2025.

Publications 11.13.2023

IRS Releases Annual Inflation Adjustments for Tax Year 2024

The Internal Revenue Service recently released annual inflation adjustments for 2024. They include increased gift, estate, and generation-skipping transfer (“GST”) tax exemptions and annual gift tax exclusions, increased retirement account limits, and new income tax brackets.

Publications 10.10.2023

Massachusetts Tax Relief Bill Signed Into Law

On October 4, 2023, Governor Maura Healey signed into law “An Act to improve the Commonwealth’s competitiveness, affordability, and equity.”  The Act makes key tax changes to the Massachusetts estate tax and short-term capital gains, and closes the "millionaires tax" loophole for married couples, in addition to other provisions.

Announcements 08.17.2023

Choate Attorneys Recognized in Best Lawyers in America® 2024

Best Lawyers in America® has recognized 43 Choate attorneys in its 2024 edition, including naming 4 partners as Lawyer of the Year in Boston for their respective practice areas.

Announcements 07.20.2023

Choate Private Wealth Practice Recognized in Chambers High Net Worth 2023

Choate is ranked as a Band 1 Massachusetts Private Wealth Law practice in the 2023 edition of Chambers High Net Worth (HNW), along with nine partners receiving local and national rankings.

Announcements 06.05.2023

Choate Welcomes Eighteen Attorneys and Business Professionals to Wealth Management Group

Today, Choate welcomes a comprehensive team of eighteen attorneys and business professionals to our Wealth Management Group. The team is led by partners Marc J. Bloostein, Cameron Casey, Kimberly E. Cohen, Jennifer S. Ewing and Geoffrey M. Mason.