Delaware Trust Planning Options for New Jersey Clients
Delaware trusts offer planning options that are not available in New Jersey and that might be of interest to New Jersey clients in some circumstances. During this 2-hour program, Richard W. Nenno and Vincent C. Thomas, attorneys with
Young Conaway Stargatt & Taylor, LLP, in Wilmington, Delaware, will describe how Delaware trusts can be used to reduce New Jersey income taxes as well as practical uses of directed trusts, quiet trusts, purpose trusts, and DING trusts.
Richard (Dick) Nenno
Richard W. Nenno is Senior Counsel with Young Conaway Stargatt & Taylor, LLP, Wilmington, Delaware. Dick has over 40 years of estate-planning experience and is admitted to the practice of law in Delaware and Pennsylvania. He is a Fiduciary Fellow of the American College of Trust and Estate Counsel (ACTEC), a member of the Advisory Committee of the Heckerling Institute on Estate Planning, a Fellow of the American Bar Foundation, a member of the Bloomberg BNA Estates, Gifts, and Trusts Advisory Board, and a Distinguished Accredited Estate Planner. Dick was an attorney with Wilmington Trust Company, Wilmington, Delaware, from 1982 until 2021. Dick is recognized as a national speaker and published authority on estate-planning issues.
When closely-held companies, high net worth individuals, and family offices seek help in structuring transactions around tax, liability, business succession, and other corporate issues, they call on Vince Thomas to combine sophisticated counsel with sound and practical business judgment. His transactional skills, often in collaboration with the firm's other sections, are a unique and valuable complement to his long established practice representing institutional trustees and individuals in issues of Delaware trust and alternative entity law.
Program approved for 2.4 CLE credits.