• Oct 15, 2019LLCs From Start to Finish

    Norris McLaughlin, P.A., is pleased to have Victor S. Elgort, Chair of the firm’s Tax Group, speak at the National Business Institute (NBI) two-day seminar, “LLCs From Start to Finish.” Victor will present ” LLC or S-Corp Tax Considerations” and “How to Draft the LLC Operating Agreement” on day one.

    Course Description

    The attendees will be walked through the LLC cycle with practical how-to’s, practice pointers, cautionary advice, and sample forms. Stay up to date with the latest LLC legislation, trends and developments; consider all factors in entity selection and formation, and work through difficult operating agreement provisions. Attendees will also learn more focused skills and applications, such as forming LLCs to purchase real estate, utilizing series LLCs and more.

    Day 1: Legal Update, Entity Selection, Formation, Operating Agreements, and More

    1. New Jersey Legislative Update, Recent Trends, and Developments in LLCs (9:00-10:00 a.m.)
    2. The Revised Uniform Limited Liability Company Act (RULLCA): What You Need to Know (10:15 – 11:00 a.m.)
    3. LLC Nuts and Bolts: Single Member and Series (11:00 a.m. – noon)
    4. LLC or S-Corp Tax Considerations (1:00 – 2:15 p.m.)
    5. How to Draft the LLC Operating Agreement (2:30 – 3:30 p.m.)
    6. LLC Formation and Operation – Process, Procedures, and Pitfalls (3:30 – 4:30 p.m.)

    Day 2: Dividing Member Interests, LLC Conversions, Reorganizations and Disputes

    1. Dividing, Issuing and Transferring LLC Member Interests(9:00 – 9:45 a.m.)
    2. LLC Conversions and Reorganizations (9:45 – 10:30 a.m.)
    3. Using LLCs to Purchase Real Estate 10:45 – 11:45 a.m.)
    4. Using LLCs in Asset Protection and Estate Planning ( 11:45 a.m. – 12:30 p.m.)
    5. Preventing and Handling Disputes in the LLC (1:30 – 2:30 p.m.)
    6. Top LLC Mistakes to Avoid in Everyday Business Practices (2:45 – 3:30 p.m.)
    7. Legal Ethics for the LLC Attorney (3:30 – 4:30 p.m.)

    NJ CLE – 14.4
    NY CLE – 14.0
    PA CLE – 12.0
    CPE for Accountants/NASBA – 14.0

    When: Monday, November 4

    Registration: 8:30 – 9:00 a.m.
    Seminar: 9:00 a.m. – 4:30 p.m.

    Where: Holiday Inn Philadelphia – Cherry Hill

    2175 Marlton Pike W
    Cherry Hill, NJ 08002

    For more information and to register, please click here.

    Posted in: Business Law, Estate Planning & Administration, Events, Health Care & Life Sciences, Taxation, Venture Tech & Emerging Growth Companies, Victor S. Elgort | Tags: ,

  • Jun 12, 2019Norris McLaughlin Members Admitted to the U.S. Supreme Court

    The law firm Norris McLaughlin, P.A., is proud to announce that Members of the firm, Robert E. Donatelli and Rebecca J. Price, were admitted to the U.S. Supreme Court on Monday, June 10, at the 2019 Bar Association of Lehigh County (BALC) Bench Bar Conference & Supreme Court of the United States Admissions Ceremony in Washington, D.C

    Michelle M. Forsell, Of Counsel to the firm, moved for admission to the Court for 21 members of The Bar Association of Lehigh County, including Donatelli and Price.  “It was an honor to move members of my local bar association for admission to the Supreme Court,” said Forsell. “And to have Bob and Rebecca included in those members made it even more meaningful for me.”

    The Annual Bench Bar Conference is a 3-day event for BALC judges, attorneys, and others. The weekend included a cocktail reception, CLE seminars, group activities, and a formal Sunday brunch. For more information, please click here.

    Donatelli has over 40 years of experience in estate administration, wills and trusts, and real estate law. He helps clients with all aspects of estate planning – will preparation, tax issues, guardianships, powers of attorney, living wills, living trusts, and special needs trusts; and estate administration – the process of probate, valuing and managing the estate, and executing decisions on guardianships and conservatorship. In real estate law, he advises clients on residential and commercial sales transactions, real estate contracts, mortgages, re-finances, foreclosures, eminent domain, title insurance, and title disputes. Donatelli is AV® Preeminent™ Peer Review Rated by Martindale-Hubbell®. He is a former solicitor of the Register of Wills of Lehigh County; currently serves as Chair of the City of Allentown, Board of Ethics; is active in the Bar Association of Lehigh County, where he served as President in 1985; and is a member of the Barristers Inn of Court, where he served as President. Donatelli received his J.D. from University of Kansas School of Law in 1963 and his A.B. from Muhlenberg College in 1960.

    As a commercial litigator, Price represents clients in the eastern counties of Pennsylvania, the Eastern and Middle Districts of Pennsylvania, and the District of New Jersey. She is involved in complex commercial business litigation, landlord/tenant matters, and contract disputes. In her general litigation practice, Price represents numerous insurance companies’ insureds in a wide spectrum of civil matters, and has also represented clients in personal injury matters. She represents local and out-of-state banks in bankruptcy, complex foreclosures, receiverships, and asset recovery matters, including negotiating deed in lieu transfers and confession of judgment for ejectment and money proceedings. She has also defended clients in actions to open or strike judgments entered by confession. She received her J.D. from William and Mary School of Law in 2007 and her B.A., summa cum laude, from Ohio State University in 2004.

    Forsell focuses her practice primarily on estate planning and administration, and municipal law. She represents clients in all aspects of estate planning, including the preparation of wills, trusts, powers of attorney, and health care directives, with careful analysis to minimize the tax liabilities resulting from such planning. Former Solicitor to the Borough of East Greenville, she is experienced in drafting and implementing resolutions and ordinances, complying with the Right to Know law, and dealing with zoning and land use issues and tax appeals. Forsell serves as a Montgomery County Arbitrator, and teaches law courses at Cedar Crest College. She is a board member of the Gulack Foundation, the Upper Perkiomen YMCA, the Villanova Law Inn of Court, and the Upper Perkiomen Valley Chamber of Commerce. She is secretary of the Board of Directors and Chair of the Governance Committee of Frederick Living, a Mennonite Health Services not-for-profit continuing care retirement community. Forsell received her J.D. from Villanova University School of Law in 2003, her M.A. from Temple University in 2006, and her B.A. from West Chester University of Pennsylvania in 1999.

    Posted in: Banking & Financial Services, Bankruptcy & Creditors' Rights, Estate Planning & Administration, Litigation, Michelle M. Forsell, News, Rebecca J. Price, Robert E. Donatelli, Taxation | Tags: , , ,

  • Jul 17, 2018Milan Slak to Present at PICPA’s Conference on Pennsylvania Tax

    Milan D. Slak, a Member of law firm Norris McLaughlin, P.A., will present “Pass-Through Entities and Personal Income Tax: A Focus on Numbers and People” at this year’s Conference on Pennsylvania Tax, sponsored by the Pennsylvania Institute of Public Accountants (PICPA). The event will be held three times in different locations: July 20, 8:00 a.m. – 4:00 p.m., in Cranberry; July 23, 8:00 a.m. – 4:00 p.m., in Harrisburg; and July 24, 8:00 a.m. – 4:00 p.m., in Malvern. For more information please visit:

    Slak will present with Frank Tobias, Revenue Fiscal Analyst Supervisor for the Pennsylvania Department of Revenue. Together, they will cover the basics of Pennsylvania personal income tax and pass-through entities including the hot topics, letters and notices – why people get them, and reminders and administration. PICPA is made up of practitioners in public accounting, industry, government, and education.

    A licensed Certified Public Accountant, Slak focuses his practice on all areas of taxation, business law, and estate planning. He handles corporate, partnership, individual, and international taxation matters, and addresses tax issues and resolves tax disputes with the Internal Revenue Service and state governmental taxing authorities. He assists in the formation and organization of business entities, including S corporations, C corporations, limited liability companies, and partnerships, as well as the buying and selling of businesses. He works with clients to properly structure the governing documents for these entities, and he represents clients in tax controversy matters. Slak earned his B.B.A. (Accounting), from University of Toledo, and his J.D. and LL.M in Taxation from Villanova University School of Law.

    Posted in: Milan D. Slak, News, Taxation | Tags: , , , , ,

  • May 18, 2018Three Norris McLaughlin Attorneys Named Among Pennsylvania Rising Stars

    Attorneys of law firm Norris McLaughlin, P.A., Saleem M. Mawji, S. Graham Simmons, III, and Julie M. Macomb, have been selected for inclusion in the Pennsylvania Rising Stars® 2018 Edition. Only two-and-a-half percent of Pennsylvania attorneys are given this honor, which recognizes lawyers aged 40 and under or who have been practicing for fewer than 10 years. No more than 2.5 percent are named to the Rising Stars list.

    Pennsylvania Rising Stars, a listing of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement, is published in the Super Lawyers Magazine and Philadelphia magazine. The rigorous selection process combines peer nominations and evaluations with third-party validation of professional accomplishments. Super Lawyers Magazine, which features the list and profiles of selected attorneys, is distributed to attorneys in the state or region and to ABA-accredited law school libraries. Super Lawyers is also published as a special section in leading city and regional magazines across the country. In the United States, Super Lawyers Magazine is published in all 50 states and Washington, D.C., reaching more than 13 million readers.

    A resident of Orefield, Mawji devotes his practice primarily to complex commercial litigation matters including shareholder disputes, construction disputes, contract enforcement, government investigations. He has represented businesses of all sizes, including some of the Lehigh Valley’s largest companies, in state and federal court. He represents clients at all stages of the legal process, from depositions and judicial conferences to trial, using his extensive litigation experience to advise companies on how to avoid unnecessary litigation, and frequently negotiates settlements. Mawji’s understanding of best practices in electronic discovery allows him to assist clients with managing electronic documents and producing them during discovery. A 2014 graduate of Lehigh Valley Leadership, Saleem is a member of the Board of Associates of Lehigh Valley Health Network, Muhlenberg College, and of the Board of Community Bike Works, and is a Member of the Allentown Chamber of Commerce. He is a past board member of the Cancer Support Community of the Greater Lehigh Valley and of the Steering Committee of the Philadelphia Young Lawyer’s Division of the American Bar Association’s White Collar Crime Committee. He has been recognized as a Rising Star since 2015. Mawji earned his J.D., magna cum laude, Order of the Coif, from Pennsylvania State University’s Dickinson School of Law in 2005, and his B.A., magna cum laude, from Muhlenberg College in 2002.

    A resident of the Lehigh Valley, Simmons practices primarily in the areas of business law, mergers and acquisitions, real estate and land use, banking and financial services, and health care law.  He was recognized as a Rising Star in 2008, and every year since 2013. He was honored in 2013 as one of the Lehigh Valley Business’s Top 40 Under 40, which recognizes young professionals who exhibit talent and promise and have a well-documented track record of achievements in business.  Simmons is the Solicitor to the City of Easton Parking Authority. An active member of College Hill Presbyterian Church, Simmons has previously served as a committee member and youth leader.  He currently a Board member for the Greater Easton Development Partnership (GEDP), the State Theatre in Easton and the Greater Valley YMCA, is a former Chair of the GEDP Board and also having served on the boards of the Easton Area Chamber of Commerce and Renew Lehigh Valley.  Simmons earned his J.D., magna cum laude and Order of the Coif, from Villanova University School of Law in 2004, and his B.A. from Roanoke College in 2001.

    A resident of Allentown, Macomb devotes her practice to business law, healthcare law and real estate law.  She is actively involved in the day-to-day legal counseling of businesses, formation of business entities, general contract matters, corporate restructurings, and shareholder disputes.  In her health care practice, Macomb works with hospitals and their affiliated corporations, physician groups, clinical laboratories, medical staffs, nursing homes, and other long-term care facilities.  Her real estate practice is focused on commercial lending issues as well as commercial leasing, and acquisition, zoning, and disposition of commercial, residential, industrial, and retail properties. She sits on the Board of Directors of the Hamilton Main Street Program, the Lehigh Valley Chapter of Commercial Real Estate for Women, and is on the Board of Directors of Community Music School and the Board of Managers of The Bach Choir of Bethlehem. Macomb earned her J.D., magna cum laude from Widener University School of Law in 2013, and her B.A., from University of Maryland, magna cum laude in 2010.

    Posted in: Business Law, Estate Planning & Administration, Julie M. Macomb, Labor & Employment, Litigation, News, S. Graham Simmons, III, Saleem Mawji, Taxation | Tags: , , , ,

  • Apr 06, 2018Milan Slak Presents Tax Webinar to NAILBA Members

    Milan D. Slak, a Member of Norris McLaughlin, P.A., was pleased to present a tax webinar for members of The National Association of Independent Life Brokerage Agencies at 10 a.m. Friday, April 6. Slak discussed the “New Section 199A Deduction for Domestic Qualified Business Income.” This webinar was aimed to help demystify the complexity of the new tax deduction and give participants a clear understanding of how to move forward.

    “Beginning in 2018, most individuals, estates and trusts too, may deduct up to 20% of certain domestic qualified business income from limited liability companies, partnerships, S corporations, and sole proprietorships. The deduction may be limited by the business’s Form W-2 wages, depreciable property, and the taxpayer’s taxable income. Also, the deduction may also not apply to income from certain service trades or businesses, in some cases,” Slak noted. But he did indicate that there are several ways to plan to maximize the new tax deduction.

    Slak focuses his practice on all areas of taxation, business law, and estate planning. He assists in the formation and organization of business entities, including S corporations, C corporations, limited liability companies, and partnerships. He works with clients to properly structure the governing documents for these entities and to minimize income, net investment income, and self-employment taxes. Slak earned his B.B.A., from University of Toledo, and his J.D. and LL.M of Taxation from Villanova University School of Law.

    Posted in: Milan D. Slak, News, Taxation | Tags: , , , , ,

  • Dec 07, 2016Victor S. Elgort Speaks On LLC Operating Agreements

    Victor S. Elgort, a Senior Member of the Bridgewater-based law firm Norris McLaughlin, P.A., will speak at “LLC Operating Agreements,” a one-day course presented by the National Business Institute on Monday, December 19, from 9:00 a.m. to 4:30 p.m. at the Courtyard by Marriott in Princeton.

    Elgort will speak on “Tax Mistakes Made in Distribution, Allocation and Entity Selection” and “Transfer Restriction Issues, Right of First Refusal, Impasse (Put/Call), Capital Call and Dissolution Provisions.”  For more information or to register, visit the NBI website.

    Elgort is Chair of the firm’s Tax 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.

    Elgort 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.

    In addition, Elgort is a Fellow of the American College of Trust and Estate Counsel.  He frequently lectures 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.”

    Elgort received his undergraduate degree with honors from Rutgers University, his J.D. with honors from Cornell University, and his LL.M. in Taxation from New York University. Elgort is included in the Trusts and Estates section of The Best Lawyers in America and has been named by his peers as a New Jersey Super Lawyer in the Tax section.

    Posted in: News, Taxation, Victor S. Elgort | Tags: , , , , , , ,