Education: Lafayette College (B.A.), Seton Hall Law School
Admissions: New Jersey State Bar Association (Trusts and Estates Division)
Professional Affiliations: New Jersey State Bar Association, American Institute of Certified Public Accountants, New Jersey Society of CPA’s, Chartered Life Underwriter (CLU), Chartered Financial Consultant (ChFC)
SUMMARY OF PRACTICE
Michael Gorman, who holds both CPA credentials and a JD degree, has prepared a multitude of tax and estate plans for clients over the last 30 years. He has the unique ability to combine his legal and accounting experience to provide solutions to personal and business issues.
As an attorney he has reviewed and drafted Wills, Trusts and related documents to accomplish his clients’ objectives. The creation of Grantor retained annuity trusts (GRAT) Qualified Personal Residence Trusts (QPRT) Dynasty trusts, Charitable Foundations are only some of the tools used in his practice. Creation of various entities such as LLC’s or Family Partnerships and related operating agreements including shareholder agreements addressing executive compensation arrangements are frequently necessary to create an effective plan to meet client and business objectives.
Practice Areas: New Jersey State Bar Association, American Institute of Certified Public Accountants, New Jersey Society of CPA’s, Chartered Life Underwriter (CLU), Chartered Financial Consultant (ChFC)
Without continual growth and progress, such words as improvement achievement and success have no meaning.
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