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About this Entry

This page contains a single entry by Associate Editor - 3 published on February 22, 2011 4:48 AM.

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Martin Shenkman

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Martin M. Shenkman, CPA, MBA, PFS, JD

Biography

Martin M. Shenkman, CPA, MBA, PFS, JD, is an attorney in private practice in Paramus, New Jersey and New York City. His practice concentrates on estate and tax planning and estate administration.

Awards: Mr. Shenkman was included in Worth Magazines top 100 attorneys in 2007. He received the Alfred C. Clapp award from the New Jersey Bar Association in 2007. CPA Magazine listed him as one of the top 100 tax practitioners in 2008 and 40 tax advisers to know during a recession in 2009. Mr. Shenkman has been listed in Super Lawyers in 2008, 2009 and 2010. His book, Estate Planning for People with a Chronic Condition or Disability, was nominated for the 2009 Foreword Magazine Book of the Year Award. Several of his articles have won various professional awards over the years.

Media: A widely quoted expert on tax matters, Mr. Shenkman is a regular source for numerous financial and business publications, including The Wall Street Journal, Fortune, Money, The New York Times, and others. He has appeared as a tax expert on numerous public and cable television shows including The Today Show, CNN, NBC Evening News, CNBC, MSNBC, CNN-FN, and others. He is a frequent guest on radio talk shows throughout the country and has a regular weekly radio show on Money Matters Financial Network.

Publishing: Mr. Shenkman is a prolific author, having published thirty-six books and more than seven hundred articles. His books include: Estate Planning after the Tax Relief and Job Creation Act of 2010: Tools, Tips, and Tactics (AICPA), Estate Planning after the 2010 Tax Act; Life Cycle Planning for the CPA Practice (AICPA); Funding the Cure (Demos Medical Publishing), Living Wills & Health Care Proxies: Assuring That Your End of Life Decisions Are Respected; Inherit More, Six Hour Guide to Asset Protection Planning, Estate Planning after the 2001 Tax Act (published by Bloomberg Press); Homeowner's Legal Bible, Divorce Rules, The Complete Living Trust Program, The Complete Probate Guide, The Beneficiary Workbook, Estate Planning After the 1997 Tax Act, Starting Your Limited Liability Company, The Complete Book of Trusts, Investing After the New Tax Act, The Estate Planning Guide, Real Estate After Tax Reform: A Guide For Investors, The Total Real Estate Tax Planner, Estate Planning Guide (published by John Wiley & Sons, Inc.); Shopping Center Leases: The Tax Impact (International Council of Shopping Centers); How To Do Tax Planning With Depreciation, Amortization and Tax Credits, The Accountants Role in Divorce, Marketing for CPAs (Matthew Bender & Co., Inc.); and, Estate Planning Step by Step (Barron's).

Editor: Mr. Shenkman has served as contributing editor to a host of publications, including: New Jersey Lawyer, The Journal of Real Estate Finance, Real Estate Insight, Commercial Leasing Law & Strategy, The Journal of Accountancy, Real Estate Accounting and Taxation, Shopping Centers Today, and others.

Professional Involvement: Mr. Shenkman is an active member of the New York, New York City, New Jersey, Bergen County, and the Washington, D.C. Bar Associations, as well as various accounting and financial planning organizations. He has served as Vice Chair of the ABA RPTE fiduciary income tax and diversity committees and co-chair if the Emotional and Psychological Aspects of Estate Planning Committee. He has lectured for the ABA, NYSSCPA, NJSSCPA, NJ ICLE, PLI, NYU and many other professional organizations.

Community Involvement: Mr. Shenkman is active in numerous charitable organizations, sitting on many boards and planned giving committees and lectures regularly for these and other organizations. Mr. Shenkman's charitable endeavors have been profiled in Forbes, July 13, 2009 and the New York State Bar Association State Bar News in December 2009. He created and sponsors the charitable website www.rv4thecause.com.

Education: Mr. Shenkman received his Bachelor of Science degree from Wharton School, with a concentration in accounting and economics. He received a Masters degree in Business Administration from the University of Michigan, with a concentration in tax and finance. He received his law degree from Fordham University School of Law, and is admitted to the bar in New York, New Jersey and Washington, D.C. He is a Certified Public Accountant in New Jersey, Michigan and New York. He is a registered Investment Adviser in New York and New Jersey.




 

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Trusts: Situs, Star Wars, and State TaxationBy: Martin M. ShenkmanSummary: All you Wookies hear about is estate tax repeal. Be on guard, a Jedi Light Tax Saber can nick your money when and where you least expect it. So you... Read More

Trusts: Situs, Star Wars, and State Taxation from Wealth Strategies Journal 2.0 (Beta) on February 22, 2011 4:59 AM

The Wealth Strategies Journal has published a new article entitled, "Trusts: Situs, Star Wars, and State Taxation," by Martin M. Shenkman.You may find the article by clicking here.... Read More

The Wealth Strategies Journal has published four articles in February 2011:ILIT Trustees: Bridge Out Ahead... Lock in Your Navigation System Now     By: Melvin A. Warshaw of Financial Architects Partners, LLCProjected Long-Term Vola... Read More

Religious Estate PlanningBy: Martin M. ShenkmanSummary: Estate planning should be a holistic multi-disciplinary process that addresses all of your important goals. Here's a general list of concepts to begin the process:Religion Counts: According t... Read More

Religious Estate Planning from Wealth Strategies Journal 2.0 (Beta) on March 17, 2011 10:27 PM

The Wealth Strategies Journal has posted a new article entitled, "Religious Estate Planning," by Martin M. Shenkman.Mr. Shenkman discusses the implications of preparing estate planning documents in the context of religious households or clients.Posted... Read More

The Wealth Strategies Journal has posted eight great articles in the month of March. We hope you enjoy their depth and insight. Tax Relief Act Extends IRA Owners' Opportunity to Make Tax-Advantaged Direct Gifts to Charity     By Ri... Read More

FLP Update from Articles on May 5, 2011 6:04 PM

FLP UpdateBy: Martin M. ShenkmanSummary: FLPs and LLCs remain the focus of many estate plans, and the tax implications are significant. Common use, however, does not imply simple or assured tax results.  The following comments were gleaned fr... Read More

FLP Update from Wealth Strategies Journal 2.0 (Beta) on May 5, 2011 6:16 PM

The Wealth Strategies Journal has posted a new article entitled, "FLP Update," by Martin Shenkman.In his article, Mr. Shenkman summarizes the insights offered by a panel of tax a business professionals on the use of FLPs and LLCs.Posted by Matthe... Read More

New York 2011 Planner from New York 2011 Planner on May 21, 2011 10:08 AM

Portability Versus Bypass Trust: Practical Planning TipsBy: Martin M. Shenkman, CPA, MBA, JD, Esq. and Robert S. Keebler, CPA, MST, AEPIntroductionPortability has been heard all over the estate planning lecture circuit. But once the basic rules are un... Read More

The Wealth Strategies Journal has posted a new article entitled, "Portability Versus Bypass Trust: Practical Planning Tips," by Martin M. Shenkman, CPA, MBA, JD, Esq. and Robert S. Keebler, CPA, MST, AEP.This article was adapted from an upcoming ... Read More

Ode to the Trust - 1st SonataBy: Martin M. Shenkman, CPA, MBA, JDEditor's Note: This is the first in a two-part article by Mr. Shenkman on the management of trusts. The second part will be published in one week.Summary: So... Read More

Ode to the Trust - 1st Sonata from Wealth Strategies Journal 2.0 (Beta) on July 5, 2011 8:29 PM

The Wealth Strategies Journal has posted a new article entitled, "Ode to the Trust -1st Sonata," by Martin M. Shenkman, CPA, MBA, JD.In this article, Mr. Shenkman lays the groundwork for managing trusts after their creation.Posted by Matthew Engle... Read More

I DIG IT DivorceBy: Martin M. Shenkman, CPA, MBA, JDIntroductionIDIGT (pronounced: "I dig it") is another wonderful tax acronym for an Intentionally Defective Irrevocable Grantor Trust. Selling assets to an irrevocable trust has become the fav leisure ... Read More

I DIG IT Divorce from Wealth Strategies Journal 2.0 (Beta) on July 5, 2011 9:05 PM

The Wealth Strategies Journal has posted a new article entitled, "I DIG IT Divorce," by Martin M. Shenkman.In this article, Mr. Shenkman discusses the benefits and consequences of having Intentionally Defective Irrevocable Grantor Trusts (IDIGTs), espe... Read More

Sponsored Post_______________________________________SPECIAL TELECONFERENCE: What Every Estate Planner Should Know About Matrimonial Issues with Martin M. Shenkman, Esq., MBA, CPA & Wendy S. Goffe, Esq. Statistics tell us divorce is more than a pos... Read More

Sponsored Post_______________________________________SPECIAL TELECONFERENCE: What Every Estate Planner Should Know About Matrimonial Issues with Martin M. Shenkman, Esq., MBA, CPA & Wendy S. Goffe, Esq. Statistics tell us divorce is more than a pos... Read More

Sponsored Post_______________________________________SPECIAL TELECONFERENCE: What Every Estate Planner Should Know About Matrimonial Issues with Martin M. Shenkman, Esq., MBA, CPA & Wendy S. Goffe, Esq. Statistics tell us divorce is more than a pos... Read More

Sponsored Post_______________________________________SPECIAL TELECONFERENCE: What Every Estate Planner Should Know About Matrimonial Issues with Martin M. Shenkman, Esq., MBA, CPA & Wendy S. Goffe, Esq. Statistics tell us divorce is more than a pos... Read More

Sponsored Post_______________________________________SPECIAL TELECONFERENCE: What Every Estate Planner Should Know About Matrimonial Issues with Martin M. Shenkman, Esq., MBA, CPA & Wendy S. Goffe, Esq. Statistics tell us divorce is more than a pos... Read More

Sponsored Post_______________________________________SPECIAL TELECONFERENCE: What Every Estate Planner Should Know About Matrimonial Issues with Martin M. Shenkman, Esq., MBA, CPA & Wendy S. Goffe, Esq. Statistics tell us divorce is more than a pos... Read More

Ode to the Trust - 2nd SonataBy: Martin M. Shenkman, CPA, MBA, JDSummary: Here's part two of the exciting, can't catch your breath topic, how to operate your trusts. Many folks seem to think if they've signed a trust they've... Read More

Ode to the Trust - 2nd Sonata from Wealth Strategies Journal 2.0 (Beta) on August 17, 2011 10:07 PM

The Wealth Strategies Journal has published a new article, entitled "Ode to the Trust - 2nd Sonata," by Martin M. Shenkman, CPA, MBA, JD.In this article, Mr. Shenkman completes his discussion of trust management and various nuances that fiduciaries mus... Read More

Stairway to Estate Planning HeavenBy: Martin M. Shenkman, CPA, MBA, JDSummary: Led Zeppelin's classic hit has remained popular with boomers as a paradigm for their estate planning. Rung by rung you can improve your tax and asset protection benefi... Read More

Stairway to Estate Planning Heaven from Wealth Strategies Journal 2.0 (Beta) on November 29, 2011 10:39 PM

The Wealth Strategies Journal has posted a new article entitled, "Stairway to Estate Planning Heaven," by Martin Shenkman, CPA, MBA, JD.From the article:"Summary: Led Zeppelin's classic hit has remained popular with boomers as a paradigm for thei... Read More

Cross PurchaseBy: Martin M. Shenkman, CPA, MBA, JDRedemption v. Cross-Purchase: There are two categories of buyouts: (1) Redemption (entity buys equity); or (2) Cross-purchase (each equity owner, say shareholder) buys the equity (say stock) of th... Read More

Cross Purchase from Wealth Strategies Journal 2.0 (Beta) on January 8, 2012 8:18 PM

The Wealth Strategies Journal has posted a new article, entitled "Cross Purchase," by Martin M. Shenkman, CPA, MBA, JD.Summary: Buyout agreements are vital to family and closely held businesses. With the economic turmoil and rapidly changing laws you n... Read More

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