David Ritter provides advice on income and estate tax planning for individuals, including tax planning for their business and investments. He provides business succession planning and sophisticated estate planning services to a wide range of clients.
Mr. Ritter also provides advice and prepares agreements for the organization, operation, sale and/or merger of closely held businesses organized as corporations, limited liability companies, or partnerships. He has represented such businesses with respect to shareholder agreements, operating agreements, partnership agreements, employment agreements, asset purchase or sale agreements and other agreements in the course of business. He brings to his practice a broad knowledge of a myriad of business transactions and restructuring and a knowledge of the tax consequences of such transactions.
Since the late 1980s, David has represented for-profit and not-for-profit real estate developers of low income housing with respect to the structuring of entities and syndication/sale of the tax credits. Over the past 25 years, David has represented developers in more than 50 affordable housing transactions. These transactions have included all varieties of public financing, including HUD, HOME Partnership, Federal Home Loan Bank, NJHMFA construction and permanent loans, NJHMFA Special Needs Fund, NJ Department of Community Affairs - Balanced Housing, etc. in conjunction with the Housing Tax Credits. David has earned respect among the industry housing consultants, state agencies and syndicators of the Housing Tax Credits.
David frequently lectures on taxation and business matters before groups such as the New Jersey Society of CPAs.
"Do I owe N.J. taxes on Florida inheritance?," NJ.com (quoted in), March 2, 2018
ADDITIONAL NOTEWORTHY INFORMATION
Recognized by fellow professionals for his keen understanding of business taxation, David has been peer review rated as AV Preeminent, the highest rating for professional excellence by Martindale-Hubbell. He has also been recognized by his peers as among the Best Lawyers in America in Corporate Law and Trusts & Estates. In addition, David was named to Top Legal Leaders for New York and New Jersey by ALM for 2015.