Admissions to Practice:
James E. Prout joined Martin, Shudt, Wallace, DiLorenzo and Johnson as a partner in 1997. He concentrates primarily in the areas of estate planning, estate administration, real estate law, and commercial mortgage transactions.
In the estate planning area, Jim works with clients whose needs include planning for estate tax minimization and creating trusts for management and control of assets, including those for minor and disabled children. He also counsels clients in the area of charitable giving, including the use of planned giving instruments to meet his clients' goals of philanthropy and tax planning. He represents both individual and corporate clients in the purchase and sale of real estate, and in other real estate related matters. He serves as counsel for both lenders and borrowers in commercial real estate mortgage transactions.
In addition to his professional practice, Jim is active in the local community, serving on several not-for-profit boards, including the boards of The Sage Colleges, the Northeast Health Foundation, Inc., the Rensselaer County Historical Society, the Kiwanis Club of Troy, New York, the Eagle Mills Cemetery of Brunswick, New York, Inc., and is currently the Senior Warden of the Vestry of St. John's Episcopal Church in Troy. In addition, he is a past chairman of the board of the Community Foundation of the Greater Capital Region, Inc., a past chairman of the board of the Brittonkill Educational Foundation, Inc., and a former member of the board of the Capital District YMCA.
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258 Hoosick Street
Troy, New York 12180
Fax (518) 272-5573