Susan K. Dromsky-Reed

Practice Areas

Bar & Court Admissions

  • New Jersey
  • U.S. District Court, District of New Jersey

Education

  • George Washington University School of Law, J.D., with honors
  • New York University, LL.M. in Taxation
  • Hamilton College, B.A., magna cum laude, with honors in mathematics
Susan K. Dromsky-Reed QR Code

Susan K. Dromsky-Reed

Member

Assistant:
Vanessa Corbacho
vcorbacho@bracheichler.com

Susan Dromsky-Reed concentrates her practice in estate planning and estate administration. As part of her practice, she provides individuals and families with advice regarding spousal, intergenerational, business succession, charitable planning and preparation of prenuptial agreements. She has assisted clients in implementing such strategies as marital deduction trusts, credit shelter trusts, life insurance trusts, qualified personal residence trusts, grantor retained annuity trusts, limited partnerships, limited liability companies, dynasty trusts, split-dollar insurance financing transactions and sales of assets to defective grantor trusts, as well as various charitable giving vehicles.
 
Susan is a Fellow of the American College of Trust and Estate Counsel.

PUBLICATIONS AND SPEECHES

Susan authored a chapter on the New Jersey inheritance and estate tax for the New Jersey Tax Handbook, 2006-2017 editions, published by American Lawyer Media. She is the co-author of "Understanding Estate and Inheritance Taxes in New Jersey," published in New Jersey Business; "Estate Planning & Elder Law: N.J. Estate Planning for Same-Sex Couples", published in the New Jersey Law Journal in December 2011; co-author of "The Charitable Lead Annuity Trust, Estate Planning for the Charitably Inclined," published in the New Jersey Law Journal in July 2008; "The Grantor Retained Annuity Trust: A Tax-Favored Way of Passing Wealth to the Next Generation," published in the New Jersey Law Journal in July 2007; and of "Life Insurance Has a Price: The Hazards of Nonrecourse Premium Financing in New Jersey," published in the New Jersey Law Journal in November 2006. She is the author of "Planning for Grandchildren: Preserve the GST Exemption," published in New Jersey Lawyer in July 2006.

Susan is a frequent guest speaker on topics relating to estate planning and estate administration. Representative presentations include:
 

  • Estate Planning, S Corporations and Trusts: The Intersection of Gifting Strategies, Income Tax and the Family Business, October 26, 2017
  • NJICLE: Estate Planning College: Panelist - Overview Of New Jersey Death Taxes, April 4, 2017
  • NJ (Not So) Basic Estate Administration & Planning Program, Essex County Bar Foundation, April 5, 2017
  • Essentials for Caring for Aging Parents, Hamilton College Reunion Weekend, June 10, 2016
  • NJ (Not So) Basic Estate Administration & Planning Program, Essex County Bar Foundation, April 12, 2016
  • "Discussions Regarding GST Planning," MCBA Monthly Meeting, November 24, 2015
  • "2015 Advanced Estate Administration," presented by NJICLE, November 4, 2015
  • NJCPA Estate Planning Conference, June 18, 2015
  • NJ Basic Estate and Administration & Planning Program, May 5, 2015
  • 2014 NJICLE Estate Planning College Seminar, August 18, 2014
  • NJ Basic Estate Administration & Planning Program, Essex County Bar Foundation, April 8, 2014
  • "Identifying and Reporting GST Taxable Terminations and Taxable Distributions," The Estate and Financial Planning Council of Central Jersey, March 20, 2014
  • "Special Situations in Estate Administration," NJICLE, December 17, 2013
  • NJ Basic Estate Administration and Planning Program, Essex County Bar Foundation, April 9, 2013
  • "New Jersey Estate Planning for Civil Union Couples," Gay Activist Alliance in Morris County, April 2013
  • Federal Tax & State Tax Issue Updates, "NJ Estate Planning for Same-Sex Couples," New Jersey Society of Certified Public Accountants, October 17, 2012
  • NJ Basic Estate Administration and Planning Program, Essex County Bar Foundation, January 10, 2012
  • NJ Basic Estate Administration and Planning Program, Essex County Bar Foundation, February 22, 2011
  • Pulling Back the Curtain: Dealing with Oft-Overlooked State Death Taxes, ABA, September 14, 2010
  • State Death Taxes in Uncertain Times, 21st Annual Spring Symposia of the American Bar Association Section of Real Property, Trust & Estate Law, April 2010
  • Current Developments (co-presenter), Essex County Estate Planning Council, May 5, 2009
  • An Overview of Charitable Lead Trusts and Charitable Remainder Trusts (co-presenter); December 2, 2008
  • An Overview of Estate Planning and Asset Protection (co-presenter), New Jersey State Society of Certified Public Accountants, January 16, 2006
  • Asset Protection Planning: The Delaware Asset Protection Trust, NJ Statutory Exemptions and Key Provisions of the New Federal Bankruptcy Law (co-presenter), Essex County Estate Planning Council; May 25, 2005 of the New Federal Bankruptcy Law (co-presenter); May 25, 2005
  • A Generation Skipping Transfer Tax Update; September 13, 2006. Preparation of Gift and Estate Tax Returns (co-presenter); May 11, 2005

ADDITIONAL NOTEWORTHY INFORMATION

Susan was admitted as a Fellow to the American College of Trust and Estate Counsel in November 2015. The College represents a group of only a little over 2,600 trust and estate lawyers and law professors elected by their peers in the country. To qualify for membership, a lawyer must have no less than 10 years' experience in the active practice of probate and trust law or estate planning. Lawyers and law professors are elected to be Fellows based on their outstanding reputation, exceptional skill, and substantial contributions to the field by lecturing, writing, teaching and participating in bar activities. It is their aim to improve and reform probate, trust and tax laws, procedures, and professional responsibility. In addition, Susan has been named to the New Jersey Super Lawyers list for 2017.

Susan was a law clerk for the Honorable Robert J. Passero (Ret.), Superior Court of New Jersey, Passaic County.

PROFESSIONAL ACTIVITIES

  • Executive Women of New Jersey, Chair, Scholarship Committee
  • Essex County Bar Association, Tax, Trusts & Estates Committee, Member
  • Essex County Estate Planning Council, Trustee
  • American Bar Association, Member

RECENT BLOG POSTS

Understanding Estate Inheritance Taxes in New JerseyTax Blog | July 8, 2013