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Wednesday, April 20, 2016
8:00 - 10:00 a.m.
The Mansion on Main Street, Voorhees
featuring
Ford M. Scudder
Acting StateTreasurer
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| Please join us to welcome New Jersey's Acting State Treasurer, Ford M. Scudder, for a conversation about Governor Christie's proposed FY2017 State Budget, including how further public sector pension and health benefits reforms are critical to the state's long-term fiscal health. |
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On April 6, CCSNJ held its quarterly Rutgers Business Outlook. The panel consisted of experts from four different industries -- banking, warehousing & distribution, small business economy, and retail -- who shared their thoughts on South Jersey's performance in the first quarter of 2016 and the economic forecast moving into the second quarter of the year.
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CCSNJ's Transportation & Infrastructure Committee met at Woodcrest Country Club in Cherry Hill for its first program of the year April 15. The meeting featured NJDOT Acting Commissioner Richard T. Hammer.
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Importance of Estate Planning for Business Owners and Executives
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Judson M. Stein, Esq.
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John A. Grey, Esq., LL.M.
Associate
Genova Burns LLC
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In our practice, we often come across two types of high net worth clients: Business Owners and Executives. Federal and State estate taxes at combined rates of up to nearly 50% can adversely impact each group without proper estate and succession planning.
Business Owners: Where there is significant estate tax exposure, the Decedent's family will need the appropriate liquid funds to satisfy the tax liability. With a few, limited, exceptions, these taxes must be paid within nine months after the Decedent's death.
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| Many successful business owners leave estates which, while high in value, are mainly comprised of illiquid businesses ownership interests. Estate taxes may be imposed on these and other assets; however, these business interests may not be of much help in providing needed immediate funds to pay the estate tax. This can lead to difficulties that contribute to financial pressures and family dissention. Many family businesses are lost to such circumstances. Through proper planning, many estates can be structured in such a way as to avoid these pitfalls. For example, a portion of the business can be transferred by sale or gift to an irrevocable trust for the benefit of family members with the use of sophisticated valuation discounting and payment techniques; thereby potentially reducing the estate tax impositions and facilitating the efficient transfer of the family business to the next generations. Full coverage |
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Former Chairman
Thomas J. Heitzman
Lifetime Member
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Thomas J. Heitzman joined the Whitesell organization as executive vice president in 2002 and, in 2010, he became chief operating officer. He was named president in 2013.
Prior to joining the Whitesell organization, Heitzman was a partner in the law firm of Fox, Rothschild, O'Brien & Frankel, LLP (now Fox Rothschild, LLP), practicing in the firm's Real Estate and Financial Services Departments. Before joining the Fox Rothschild firm in 1992, he was associated with the Hannoch Weisman law firm in Trenton, NJ. Heitzman received a Martindale-Hubbell lawyer rating of "AV" in 2001. He is a member of the New Jersey and Pennsylvania bars (retired/inactive status).
Heitzman is a graduate of Rutgers University School of Law - Camden (J.D., 1990), the University of Richmond (B.A., 1986) and The Lawrenceville School (1983). He resides in Moorestown, NJ.
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Wednesday, April 27, 2016
11:30 a.m. - 1:45 p.m.
Crowne Plaza Cherry Hill
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BURLINGTON COUNTY LUNCH
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GLOUCESTER COUNTY LUNCH
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CAMDEN COUNTY LUNCH
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April 20
April 21
Braddock's
April 27
April 29
The Future of Health Care
May 5
May 12
Filomena Lakeview
May 18
May 20
New Jersey's Legislative Budget Leaders
May 25
NJDEP Commissioner Bob Martin
May 26
May 31
Congressional Action Committee
June 1
June 3
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Ryan Harbison
Business Development
Bellia Print & Design
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Always follow up with people the same day as the networking event where you met them.
After sending an email to a prospective client, follow up with a phone call.
When meeting with a client (or a prospective client), take notes on paper; this way they know they have your full attention.
Meet our Ambassadors |
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P. Agnes is a family owned and operated Construction Management company, that has been in business for almost 100 years.
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AT&T was recently chosen to be the Official Communications and Technology Provider to the 2016 Democratic National Convention.
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featuring
Philadelphia Eagles Standout Safety Malcolm Jenkins
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featuring Keynote Speaker
Cheryl Ecton
President/CEO
Elite Building Services
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The results are in!
South Jersey businesses reported that growth in overall business activity picked up in the first quarter. Firms reported improved growth in overall company activity and sales along with an expansion in employment. Compared with previous surveys, firms reported a reduction in price pressures. Business expectations remained generally positive, and optimism improved compared with the fourth quarter. Employment forecasts for the future were also moderately stronger.
Click here for full results
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