Richard D. Sanders

Partner

Parsippany, NJ

| (973) 966-8073

Overview

Richard "Rick" Sanders' practice emphasizes all facets of tax-oriented trust and estate planning and administration. Rick's estate planning practice encompasses the implementation of tax-sensitive wills, irrevocable insurance trusts, grantor retained annuity trusts (GRATs), qualified personal residence trusts (QPRTs), private foundations and charitable trusts. His estate settlement practice routinely involves the administration of multimillion-dollar estates, assuring compliance with applicable tax laws and identification of post-mortem planning opportunities to minimize death taxes.

Rick has broad experience in the areas of contested will and trust matters. He has served as an expert witness in the area of trust interpretation and has drafted reports used in litigated trust and estate matters involving gift and estate taxation and will reformations.

Rick also practices extensively in the areas of business and tax planning for closely held companies, with particular emphasis on succession planning for interests in family-operated entities, intra-family sales, negotiation of shareholder and partnership agreements, formation and implementation of family limited partnerships/limited liability companies, and corporate recapitalizations.

Education and Credentials

Education

New York University School of Law, LL.M., 1987, taxation
Touro College School of Law, J.D., magna cum laude, 1986, editor-in-chief, Touro Law Review; recipient, American Jurisprudence Award in Professional Responsibility
University of Delaware, B.A., 1983, economics

Admissions

State of New York, 1987
State of New Jersey, 1987

Affiliations

American College of Trust and Estate Counsel (ACTEC), Fellow
Estate Planning Council of Northern New Jersey
New Jersey State Bar Association, Section on Real Property Trust and Estate Law

Recognition and Community

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