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    New Jersey

    400 Crossing Boulevard
    8th Floor
    Bridgewater, NJ 08807
    Phone:(908) 722-0700
    Fax:(908) 722-0755

    28 Valley Road
    Suite 1
    Montclair, NJ 07042

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    7 Times Square
    21st Floor
    New York City, NY 10036
    Phone:(212) 808-0700
    Fax:(212) 808-0844

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    515 West Hamilton Street
    Suite 502
    Allentown, PA 18101
    Phone:(610) 391-1800
    Fax:(610) 391-1805

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    Contact

    (908) 252-4226
    vselgort@norris-law.com
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    Biz Law Blog

    Victor S. Elgort

    Of Counsel

    Victor S. Elgort is Chair of the firm’s Tax Group.  He also serves as the Chair of the firm’s E-Commerce & Information Technology Practice Group.  His practice concentrates on business law and tax planning, including the structuring of partnerships and joint ventures, tax-saving real estate and business exit strategies, executive compensation, and domestic and international estate planning matters.

    Victor organized and created the first limited liability company in New Jersey.  He has authored the standard form operating agreements and other documents for limited liability companies published by Julius Blumberg, Inc., including both the forms for use in New Jersey and the generic forms offered nationwide for limited liability companies.

    Victor has more than 30 years’ experience in corporate and transactional matters for various professional practices. This includes advising clients about mergers and acquisitions, various business ventures, and creative business arrangements and alliances.

    In addition, he is a Fellow of the American College of Trust and Estate Counsel.  Victor is a frequent lecturer at tax planning courses, including continuing education seminars.  He has authored extensive material published by the National Business Institute, Lorman Education Services, Professional Education Seminars, and other national seminar companies, including “Partnerships, LLCs and LLPs: Organization and Operation,” “Asset Protection Planning in New Jersey,” “Limited Liability Companies in New Jersey,” “Transferring Business Wealth,” “Administration of the Estate in New Jersey,” “Planning Opportunities with Living Trusts in New Jersey,” “New Jersey Probate: Beyond the Basics,” “A Practical Guide to Estate Administration in New Jersey,” and “Family Limited Partnerships and Limited Liability Companies in New Jersey.”

    In e-commerce & information technology law, Victor (trained as an engineer) advises our business clients (which include software, biotech, e-commerce, and other companies with proprietary technology) on transactional matters, joint ventures and alliances, intellectual property licenses and transactions, software contracting, financing transactions, and asset, stock, and other acquisitions and mergers.  Victor regularly works with clients on Internet-related information technology, R&D, product development, collaboration, distribution, manufacturing, employment, consulting, and stockholder and investor arrangements.

    Victor has been included in The Best Lawyers in America®, Trusts and Estates, 2006–2024. He has been named by his peers as a New Jersey Super Lawyer in the Tax section.

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    Areas of practice

    • Taxation
    • Business Law
    • Mergers & Acquisitions
    • Venture Tech & Emerging Growth Companies
    • Estate Planning and Administration & Wealth Preservation
    • Health Care & Life Sciences

    Education

      • New York University School of Law
        • LL.M. in Taxation
      • Cornell University Law School
        • J.D., cum laude
      • Rutgers, The State University of New Jersey
        • B.S. & B.A., magna cum laude

    Professional Affiliations

      • American Bar Association
      • New Jersey State Bar Association
      • New York State Bar Association
      • The District of Columbia Bar
      • American College of Trust and Estate Counsel
      • Computer Law Association
      • American Intellectual Property Law Association

    Bar Admissions

      • New Jersey
      • New York
      • Pennsylvania
      • District of Columbia
      • U.S. Tax Court

    Victor S. Elgort has earned the Martindale-Hubbell AV Preeminent® status. A description of the selection methodology can be found here. No aspect of this advertisement has been approved by the Supreme Court of New Jersey.

    Victor S. Elgort was selected to the 2018 Super Lawyers list. The Super Lawyers List is issued by Thompson Reuters. A description of the selection methodology can be found here. No aspect of this advertisement has been approved by the Supreme Court of New Jersey.

    Victor S. Elgort was selected to The Best Lawyers in America®, Trusts and Estates, 2006–2024. A description of the selection methodology can be found here. No aspect of this advertisement has been approved by the Supreme Court of New Jersey.

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    Victor S. Elgort, a Member of law firm Norris McLaughlin, P.A., will speak at the National Business Institute’s seminar, “LLCs From Start to Finish,” in Cherry Hill this month. About the Presentation “As an active member and contributor to the Institute, I am proud to once again present at a continuing education seminar hosted by...
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    Victor S. Elgort, a Member of law firm Norris McLaughlin, P.A., will speak at the National Business Institute’s seminar, “Top 8 LLC Mistakes to Avoid in Everyday Business Practices: Avoid, Manage and Leverage Formation, Tax and Operating Agreement Oversights.” The seminar, approved for 8 NJ and NY CLE credits, 6.5 PA CLE credits, 8 CPE...
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    March 21, 2018
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    Articles

    February 15, 2022
    The Secure Act and Its Impact on Your Estate Plan
    December 6, 2021
    HIGHLIGHTS OF TAX LAW CHANGES UNDER THE TAX CUTS AND JOBS ACT
    March 6, 2017
    NEW TAX FILING DEADLINES AFFECT UNSUSPECTING LLCs AND PARTNERSHIPS FOR 2017
    September 1, 2011
    SUCCESSION SUCCESS


    Blog



    Publications

    • Quoted, “Succession Success,” New Jersey Business Journal, August 2011
    October 15, 2019
    LLCs From Start to Finish
    September 19, 2018
    You’re No Longer a Start-Up! Now What? Legal Planning for the Next Phase of Your Business
    • “Formation and Drafting: Articles and Operating Agreement,” National Business Institute, Princetown, NJ, December 13, 2019
    • “Tax Mistakes Made in Distribution, Allocation and Entity Selection,” National Business Institute, Princetown, NJ, December 13, 2019
    • “How to Draft the LLC Operating Agreement,” National Business Institute, Cherry Hill, NJ, November 4, 2019
    • “LLC or S-Corp Tax Considerations,” National Business Institute, Cherry Hill, NJ, November 4, 2019
    • “Taxation of LLCs – Top Attorney Mistakes,” National Business Institute, Cherry Hill, NJ, December 20, 2018
    • “10 Common Mistakes When Forming an LLC,” Nassau County Bar Association, Garden City, NY, November 27, 2018
    • “You’re No Longer a Start-Up! Now What?” Norris McLaughlin, P.A., Bridgewater, NJ, October 10, 2018
    • “LLCs: Beyond the Basics,” National Business Institute, Princeton, NJ, November 6, 2017
    • “LLC Operating Agreements,” National Business Institute, Princeton, NJ, December 19, 2016
    • “Buy-Sell Agreements For Closely Held and Family Business Owners,” Norris McLaughlin, P.A., Bridgewater, NJ, October 19, 2016
    • “LLC or Inc.? Entity Selection for Small to Medium Sized Business,” National Business Institute, Bally’s Atlantic City, NJ, December 18, 2012
    • “LLC or Inc.? Entity Selection for Small to Medium Sized Business,” National Business Institute, Holiday Inn, Cherry Hill, NJ, December 19, 2012
    • “2011 Estate/Gift Tax Changes: Implications for Estate Plans,” Bridgewater, NJ, January 25, 2011
    • “2011 Estate/Gift Tax Changes: Implications for Estate Plans,” Bridgewater, NJ, February 7, 2011
    • “Limited Liability Companies,” NBI, October 16, 2008
    • “LLCs: Advising Small Business Start-Ups and Larger Companies in NJ,” Lorman Educational Services, December 13, 2006
    • “LLCs: Advising Small Business Start-Ups and Larger Companies in NJ,” Lorman Educational Services, May 17, 2006
    • “Partnerships, LLCs and LLPs in NJ: Organization and Operation,” Lorman Educational Services, May 9, 2006
    • “LLCs: Advising Small Business Start-Ups and Larger Companies in NJ,” Lorman Educational Services, December 15, 2005
    • “Drafting LLC and LLP Agreements in NJ,” NBI, June 2, 2005
    • “LLCs: Advising Small Business Start-Ups and Larger Companies in NJ,” Lorman Educational Services, May 24, 2005
    • “LLCs: Advising Small Business Start-Ups and Larger Companies in NJ,” Lorman Educational Services, September 21, 2004
    • “Partnerships, LLCs and LLPs,” Lorman Education Services, July 28, 2004
    • “Asset Protection,” The Dermatologic Society of NJ, June 10, 2004
    • “Successful Wealth Transfers,” NBI, May 27, 2004
    • “LLCs and LLPs in NJ,” NBI, April 13, 2004
    • “Tax Planning Considerations with Living Trusts,” Beaver Brook Country Club, November 4, 2003
    • “Choice of Business Entity in NJ: How to Do it Right,” NBI, September 18, 2003
    • “Wealth and Asset Protection Using Offshore Trusts,” NJSCPA, April 23, 2002
    • “Asset Protection Techniques,” NBI, March 19, 2002
    • “Partnerships, LLCs and LLPs: Organization and Operations,” Lorman Educational Services, August 23, 2001
    • “Family Limited Partnerships,” NBI, March 22, 2001
    • “Asset Protection Techniques,” NBI, March 19, 2001
    • “E-Commerce: Business Tax and Legal Aspects,” NBI, March 14, 2001
    • “Choice of Business Entity in New Jersey: How to Do it Right,” NBI, January 10, 2001
    • “Counseling the Small Business Client in NJ,” NBI, October 24, 2000
    • “Successful Wealth Transfer Techniques in New Jersey,” NBI, September 14, 2000
    • “Partnerships, LLCs and LLPs: Organization and Operations,” Lorman Educational Services, August 17, 2000
    • “Asset Protection Planning With Foreign Trusts,” Passaic Chapter NJ CPAs, June 20, 2000
    • “Asset Protection Planning,” Passaic Chapter NJ CPAs, May 1, 2000
    • “Family Limited Partnerships and LLCs in New Jersey,” NBI, December 16, 1999
    • “Choice of Business Entity in New Jersey: How to Do it Right,” NBI, July 7, 1999
    • “Family Limited Partnerships and LLCs in New Jersey,” NBI, September 3, 1998
    • “Family Limited Partnerships and LLCs in New Jersey,” NBI, May 7, 1998
    • “Limited Liability Companies – Where is the Insurance Sale,” NJL&C, March 18, 1998
    • “Asset Protection Planning,” Passaic Chapter NJ CPAs, November 12, 1997
    • “The Sophisticated Use of LLCs in Estate Planning, Succession and Asset Planning,” NJ Chapter of National Association of Tax Practice, September 17, 1997
    • “Family Limited Partnerships and LLCs in New Jersey,” NBI, August 12, 1997
    • “Asset Protection Planning,” Mintz Rosenfeld, June 11, 1997
    • “Family Limited Partnerships and LLCs in New Jersey,” NBI, April 23, 1997
    • “Advanced Estate Planning Techniques in New Jersey,” NBI, October 3, 1996
    • “Asset Protection Planning (Offshore),” Merrill Lynch, December 2, 1995
    • “Limited Liability Companies: The Entity of Choice in New Jersey,” NBI, November 16, 1995
    • “Limited Liability Companies: The Entity of Choice in New Jersey,” NBI, June 22, 1995
    • “Limited Liability Companies: The Entity of Choice in New Jersey,” NBI, June 23, 1995
    • “Choice of Entity: LLCs, LLPs, and S Corporations,” NJSCPA, May 16, 1995
    • “Hot Buttons for Professional Advisors,” Norris McLaughlin, P.A., November 9, 1994
    • “Hot Buttons for Professional Advisors,” Norris McLaughlin, P.A., November 2, 1994
    • “Hot Buttons for Professional Advisors,” Norris McLaughlin, P.A., October 26, 1994
    • “Hot Buttons for Professional Advisors,” Norris McLaughlin, P.A., October 19, 1994
    • “Hot Buttons for Professional Advisors,” Norris McLaughlin, P.A., October 12, 1994
    • “Hot Buttons for Professional Advisors,” Norris McLaughlin, P.A., October 5, 1994
    • “Asset Protection Planning,” NBI, October 19, 1994
    • “Limited Liability Companies in New Jersey,” PES, January 29, 1994
    • “Planning Opportunities with Living Trusts in NJ,” NBI, October 1, 1993
    • “Estate Planning Roundtable,” Summit Trust, September 22, 1993
    • “Structuring to Avoid Liability,” Belle Mead Development, September 22, 1993
    • “Foreign Corporation Doing Business in the U.S. and the State of NJ: The Legal Perspective,” Small Business Development Bergen County, July 15, 1993
    • “A Practical Guide to Estate Administration,” NBI, July 19, 1993
    • “Estate Planning and Administration in NJ,” The Cambridge Institute, May 27, 1993
    • “Estate Planning and Administration in NJ,” The Cambridge Institute, May 19, 1993
    • New Jersey Probate: Beyond the Basics,: NBI, December 10, 1992
    • “Planning Opportunities with Living Trusts in NJ,” NBI, September 9, 1992
    • “Estate Planning and Administration in NJ,” The Cambridge Institute, May 28, 1992
    • “Estate Planning and Administration in NJ,” The Cambridge Institute, May 19, 1992
    • “Wealth Transfer and Retention,” National Westminster Bank, February 13, 1992
    • “Business Succession and Estate Planning,” NJ Motor Truck Association, March 6, 1991
    • “Administration of Estate in New Jersey,” NBI, January 29, 1991
    • “Wealth, Retention, Preservation and Transfer,” Business for Central Jersey, January 16, 1991
    • “Effective Estate Planning and Administration in NJ,” The Cambridge Institute, December 3, 1990
    • “Effective Estate Planning and Administration in NJ,” The Cambridge Institute, November 27, 1990
    • “Practical Tax Considerations for Physicians and Dentists,” NJSCPA, September 25, 1990
    • “New Jersey Probate: Beyond the Basics,” NBI, August 28, 1990
    • “Real Estate Tax Planning,” NJSCPA, August 3, 1990
    • “Real Estate Tax Planning,” NJSCPA, August 4, 1990
    • “Saving Taxes Through Tax-Free Exchange,” NJSCPA, July 18, 1990
    • “Issues in Real Estate Taxation II,” NJSCPA, May 17, 1990
    • “Issues in Real Estate Taxation I,” NJSCPA, May 16, 1990
    • “Real Estate Tax Planning,” NJSCPA, November 10, 1989
    • “Real Estate Tax Planning,” NJSCPA, November 9, 1989
    • “Tax Planning,” Metro, June 6, 1989
    Type N/A if you are inquiring about individual or family matters

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