Jill Lebowitz, a Member of the Bridgewater-based law firm Norris McLaughlin, P.A., spoke at the NJICLE Estate Planning Summer Institute on July 21 at the New Jersey Law Center. The NJICLE presented the seminar in cooperation with the New Jersey State Bar Association’s Real Property, Trust & Estate Law Section, of which Lebowitz is Chair. She presented on Generation-Skipping Transfer Tax planning.
Lebowitz also spoke at the NJICLE Estate Planning 101 – Client Intake to Final Plan on August 16, which was presented in cooperation with the NJSBA Senior Lawyers Special Committee. Lebowitz presented a review of lifetime giving techniques for gifts to individuals and various trusts with an emphasis on issues attorneys need to consider to be best prepared for estate and gift tax audits, as well as other challenges in connection with lifetime giving.
Lebowitz devotes her practice to estate planning, trust and estate administration, and counseling tax-exempt organizations. She is experienced in drafting sophisticated estate planning instruments and counseling individuals and families regarding estate, gift and generation-skipping transfer tax issues. Lebowitz advises clients on the development of both simple and complex estate plans, philanthropic planning and business succession issues. She is experienced in drafting estate planning instruments, including wills, revocable living trusts, insurance trusts, dynasty trusts, charitable trusts, grantor retained annuity trusts, qualified personal residence trusts, shareholders agreements, limited liability company operating agreements, durable powers of attorney, and advance directives for health care.
In addition, Lebowitz handles all aspects of trust and estate administration, as well as fiduciary litigation. She prepares federal and state estate and inheritance tax returns and federal gift tax returns. She is knowledgeable in drafting disclaimers and agreements regarding post-mortem planning, informal distribution agreements, judicial fiduciary accountings, and handling court proceedings to effect final distribution of estates and trusts. She also counsels individuals and financial institutions regarding their fiduciary duties as personal representatives and trustees, including advising on legal and tax issues, as well as issues in connection with administering trusts. She also assists individuals, families and fiduciaries with all aspects of fiduciary litigation.
Lebowitz regularly advises tax exempt organizations regarding federal tax exemption issues, state charitable registration filings, and governance issues. On behalf of tax-exempt organizations, she drafts nonprofit corporation documents and prepares federal applications for tax exempt status, state charitable registration filings, and state property tax and sales tax exemption applications. She has extensive experience advising individuals, family and corporate foundations, and tax exempt organizations on nonprofit corporate governance, private foundation excise taxes, domestic and international grant-making, executive compensation, excess benefit rules and intermediate sanctions, unrelated business income, scholarship programs, and fundraising issues.
Lebowitz earned her LL.M. in Taxation from New York University School of Law, her J.D. from Rutgers University School of Law—Newark, and her B.A. from New York University.