Photo of Allen M. Silk

Allen M. Silk is a Shareholder and a member of the firm’s Trusts & Estates and the Business & Corporate Groups, where he focuses on helping high net worth individuals and business owners plan for the transition and succession of their businesses. His experience includes a broad range of tax, trusts and estates and general corporate matters including sophisticated estate planning, the administration of estates and trusts, closely-held business counseling and business succession planning, the structuring of business entities and joint ventures, the acquisition and sale of business interests, and various corporate, partnership and individual income tax matters.

A well thought out plan can eliminate very costly legal and other professional expenses as well as the emotional toll that could occur by leaving matters to chance. Do you know what plans your parents have made, if any, for their (a) long term health issues, (b) transfer of authority to make financial decisions if

Virtually all small closely held businesses should have an up-to-date Buy-Sell Agreement. t is important that company’s Buy-Sell Agreement be reviewed periodically to make certain that it is properly customized to the needs of the specific company and its owners, as well as to make certain the agreement meets the requirements of current tax laws.
Continue Reading Buy-Sell Agreements in Closely Held Businesses

Most individual business owners do not have sufficient plans in place to address the many issues which will arise upon their death or severe disability. This podcast outlines the things that business owners should be thinking about now to ensure the smooth transition of their business should a catastrophic event occur.
Continue Reading New Jersey Legal Update – Podcast # 26

This week’s podcast will be of a Estate Planning and Long Term Care Insurance seminar which we held in our office on Tuesday September 27, 2005. The seminar included a presentation by Allen Silk and Rosemary Durkin, members of the Firm’s Trusts & Estates group. Also presenting at the seminar was Richard Oring of Oring and Company who discussed long term care insurance.
Continue Reading Estate Planning and Long Term Care Insurance Podcast