Warren K. Racusin
High Net Worth Guide 2023
Band 1 : Private Wealth Law
Band 1
About
Provided by Warren K. Racusin
Practice Areas
Trusts & Estates, Chair
Career
To safeguard the assets of individuals and their families, Warren draws on his extensive technical knowledge and familiarity with constantly changing tax laws. Beyond the "dollars and cents part," he offers a compassionate approach that takes into account the hopes, dreams, and intense emotions his clients experience while working through these highly sensitive matters.
Warren's compassion has earned him the confidence of a wide range of clients, a number of whom have named him an executor or trustee and many of whom are children or grandchildren of people he has counseled for decades. He also advises on the complex estate and tax planning issues that can attend his clients' marriages, regularly crafts prenuptial agreements, and assists matrimonial lawyers with the tax and estate planning aspects of divorce.
In addition, as same-sex marriage laws have taken effect around the country, Warren has become increasingly well-versed in the special—and frequently novel—legal issues emerging in the marriage agreements of LGBTQ couples.
Sometimes disputes arise among family members that cannot be resolved amicably. In these cases, Warren works closely with his colleagues to advise on these matters, bringing empathy and discretion to these challenging situations.
Professional Memberships
New Jersey State Bar Association (Tax and Probate Section, Real Property Section): Former Chair
American College of Trust and Estate Counsel: Fellow
New Jersey Symphony Orchestra: Trustee
Publications
May 19, 2022: "Five Points to Consider Before You Tie the Knot," Lowenstein Sandler LLP
September 20, 2021: "House Tax Proposal Would Restrict Grantor Trust Planning: What You Need To Know Now,"
Lowenstein Sandler LLP (co-author)
January 9, 2020: "SECURE Legislation: Impact on Benefit Plans, Retirement Planning," Lowenstein Sandler LLP (co-author)
September 20, 2019: "How to Create a Well-Designed Gift Agreement," Lowenstein Sandler LLP
November 30, 2018: "IRS Issues New Favorable Rules on Exemptions From Gift, Estate, and Generation-Skipping Tax," Lowenstein Sandler LLP (co-author)
October 25, 2017: "Federal Estate/Gift/GST Taxes: The Unknown and the Known," Lowenstein Sandler LLP (co-author)
November 18, 2016: "Will Trump's Triumph Trim Taxes? What You Should Know Now," Lowenstein Sandler LLP
October 17, 2016: "New Jersey Repeals Its Estate Tax," Lowenstein Sandler LLP (co-author)
August 15, 2016: "New IRS-Proposed Regulations Put a Damper on Discounts," Lowenstein Sandler LLP (co-author)
June 2, 2015: "Victory for Taxpayers: Court Restricts New Jersey’s Ability to Tax Trust Income," Lowenstein Sandler LLP (co-author)
June 27, 2013: "Defense of Marriage Act Unconstitutional: The Supreme Court's Ruling in United States v. Windsor," Lowenstein Sandler LLP
March 2012: "A Swan Song: Estate Planning in Light of States' Marriage Equality Laws," Practical Tax Strategies (co-author)
June 2011: "Budget Proposal Presents Opportunities, Speed Bumps," On Wall Street
February 16, 2011: "Elizabeth Edwards' Will," Lowenstein Sandler LLP
August 2010: "Congress Grapples with GRATs," On Wall Street