Since Schenck Price’s founding over 100 years ago, estate, gift and charitable planning has been a prominent part of our practice. The lawyers in our Estate, Gift & Charitable Planning Practice Group have broad trusts and estates experience and are well-versed in tax, trust and estate laws applicable to these matters. They regularly counsel clients on estate, gift and charitable planning, particularly in connection with the complex relationships between the transfer of property and federal and state taxes triggered by these transfers.
For clients with closely held or other family businesses,our lawyers assist with challenges related to inter-generational transfers of businesses, reduction of transfer taxes and liquidity for tax payment, as well as the implementation of agreements to promote financial protection of a business owner’s spouse and asset equalization among the owner’s children.
The Group’s lawyers have long been leaders in their field. They hold leadership positions in national, state and local professional and related associations. Two have been elected as Fellows to the American College of Trust and Estate Counsel (ACTEC). Two hold Master’s degrees in Taxation (LL.M.), one is a former IRS attorney. Further, the Group’s lawyers are active on the New Jersey Probate Code Revision and Inheritance Tax Committees and in the New Jersey Bar Association’s Real Property, Trust and Estate Law section. Members of our team regularly write articles for various legal and other publications and speak at programs for professional, bar, educational, charitable, fraternal and civic groups on a variety of estate, gift and charitable planning topics.
In a practice like ours, it is as much about the relationship as it is about the law. We take the time to listen to our clients. While we are frequently called upon to deal with the most sophisticated of matters, we know that it is often just as important to our clients that we sweat the small stuff.
Collaboration is the hallmark of our practice. While each of our attorneys has extensive experience himself or herself, what makes our Estate, Gift & Charitable Planning Practice distinctive is our collaboration as a team to serve the particular interests of every client. In addition, whenever necessary, we call on the knowledge and experience of our colleagues in the Corporate, Tax Planning, Elder and Special Needs and other practices to address the needs of closely held businesses, families and individuals.
We also regularly collaborate with other professional advisors – including accountants, financial planners, investment managers, custodians and trustees – to seamlessly serve our clients’ needs, whether those professionals are people we bring to the table or are selected by our clients.
AlertsJan 6, 2020The SECURE Act: Impact on IRAs and other Retirement Plans and on Estate, Elder Law and Special Needs PlanningOct 18, 2016Repeal of the New Jersey Estate TaxJul 11, 2013DOMA Defeat and the American Taxpayer Relief Act
ArticlesAug 4, 2016Estate Planning for WomenAug 1, 2010The Powerful Power of AttorneyJul 17, 2006A Matter of Trust: Protecting the Disabled
NewsMar 13, 20202020 Edition of New Jersey Super LawyersJun 27, 2019Morris County's "Top Lawyers 2019"Jun 6, 2019Bergen's "Top Lawyers"Feb 19, 2018Will Our Kids Owe the Inheritance Tax?Nov 15, 2017Does Wife Owe Dead Husband's Debt?Oct 9, 2017Gift Tax Consequences for You and Your HeirsSep 28, 2017Who Gets Your Digital Stuff When You Die?Sep 19, 2017Is Life Insurance Part of My Estate?Sep 5, 2017Is it Better to Inherit Stocks or IRA?Aug 3, 2017I'm Suspicious of My Dad's AdvisorJul 6, 2017Figuring Cost Basis for an Inherited HomeJun 6, 2017Inheriting Money from Out-of-State RelativeMay 25, 2017Do I Really Need a Will or a Trust?May 15, 2017Gifting Money from Your DeathbedApr 11, 2017How the Estate Tax Exemption WorksJan 18, 2017Could the Inheritance Tax be Eliminated?Dec 27, 2016Is NJ's Estate Tax Gone for Good?Dec 6, 2016"Best Law Firms" for 2017Nov 10, 2016Where There's a Will: Estate Planning DocumentsAug 18, 2014Gary Mazart selected by peers for inclusion in the 21st Edition on The Best Lawyers in America in the practice area of Trusts and Estates.Jun 30, 2014Estate AttorneyOct 21, 2013Estate Planning Strategies and Long-Term CareJul 22, 2013Estate Taxes, Roth IRAs and Beneficiaries...etc.May 19, 2013Star Ledger's Biz BrainApr 7, 2013Star Ledger's Biz BrainDec 1, 20115 Tips for Preparing a WillNov 18, 2011HEALTH-ED's New Jersey Elderlaw 2011Nov 13, 2011Star Ledger's Biz BrainNov 5, 2011Road to Personal Wealth ConferenceSep 20, 2011Drafting Effective Wills and TrustsAug 29, 2011Star Ledger Biz BrainJul 10, 2011Star Ledger Biz BrainJun 8, 2011Archdiocese of NewarkJun 5, 2011Star Ledger Biz BrainMay 16, 2011Star Ledger Biz BrainApr 11, 2011National Academy of Elder Law AttorneysFeb 28, 2009Legal and Financial Considerations in CaregivingMay 1, 2007Wants, Wishes and Wills: A Medical and Legal Guide to Protecting Yourself and Your Family in Sickness and in HealthSep 27, 2006Estate Planning
EventsMay 26, 2020Morris County Bar Association Town Hall