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Richard D. Sanders
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

No aspect of this advertisement has been approved by the highest court of any state. Prior results do not guarantee a similar outcome. See Awards Methodology.

Recognitions

Chosen for inclusion in The Best Lawyers in America (Woodward/White, Inc.), Trusts and Estates, 2023-2025

Chosen for inclusion in Chambers HNW Guide (Chambers & Partners) of recognized practitioners for Private Wealth in New Jersey, 2018-2024

Selected to the list of New Jersey Super Lawyers (Thomson Reuters), Estate Planning and Probate, Nonprofit Organizations, 2005-2021

AV Preeminent rated by Martindale-Hubbell

Community Involvement

Avid golfer, fly fisherman and classical guitarist

In The Media

Richard D. Sanders Latest News and Insights

July 12, 2024
FinCEN Imposes CTA Reporting on Certain Dissolved Entities

Day Pitney Alert

April 23, 2024
Corporate Transparency – Where Are We Now?

Day Pitney Alert

December 6, 2023
Probate: New Jersey

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