Overview

About Victor S. Elgort

About Victor S. Elgort

Victor S. Elgort is Chair of the firm’s Tax Group.  He also serves as the Chair of the firm’s E-Commerce & Information Technology Practice Group.  His practice concentrates on business law and tax planning, including the structuring of partnerships and joint ventures, tax-saving real estate and business exit strategies, executive compensation, and domestic and international estate planning matters.

Victor organized and created the first limited liability company in New Jersey.  He has authored the standard form operating agreements and other documents for limited liability companies published by Julius Blumberg, Inc., including both the forms for use in New Jersey and the generic forms offered nationwide for limited liability companies.

Victor has more than 30 years’ experience in corporate and transactional matters for various professional practices. This includes advising clients about mergers and acquisitions, various business ventures, and creative business arrangements and alliances.

In addition, he is a Fellow of the American College of Trust and Estate Counsel.  Victor is a frequent lecturer at tax planning courses, including continuing education seminars.  He has authored extensive material published by the National Business Institute, Lorman Education Services, Professional Education Seminars, and other national seminar companies, including “Partnerships, LLCs and LLPs: Organization and Operation,” “Asset Protection Planning in New Jersey,” “Limited Liability Companies in New Jersey,” “Transferring Business Wealth,” “Administration of the Estate in New Jersey,” “Planning Opportunities with Living Trusts in New Jersey,” “New Jersey Probate: Beyond the Basics,” “A Practical Guide to Estate Administration in New Jersey,” and “Family Limited Partnerships and Limited Liability Companies in New Jersey.”

In e-commerce & information technology law, Victor (trained as an engineer) advises our business clients (which include software, biotech, e-commerce, and other companies with proprietary technology) on transactional matters, joint ventures and alliances, intellectual property licenses and transactions, software contracting, financing transactions, and asset, stock, and other acquisitions and mergers.  Victor regularly works with clients on Internet-related information technology, R&D, product development, collaboration, distribution, manufacturing, employment, consulting, and stockholder and investor arrangements.

Victor has been included in The Best Lawyers in America®, Trusts and Estates, 2006–2024. He has been named by his peers as a New Jersey Super Lawyer in the Tax section.

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Education
Professional Affiliations
Bar Admissions
Awards

Media

News/ August 17, 2023

28 Norris McLaughlin, P.A. Lawyers Included in 2024 Best Lawyers® Lists

News/ August 18, 2022

15 Norris McLaughlin Lawyers Included in 2023 Best Lawyers® Lists

News/ August 19, 2021

Fifteen Norris McLaughlin Attorneys Included in 2022 Best Lawyers® Lists

News/ September 1, 2020

Sixteen Norris McLaughlin Attorneys Recognized by Best Lawyers®

News/ November 4, 2019

Victor Elgort to Present on LLCs From Start to Finish for National Business Institute

News/ August 15, 2019

Fifteen Norris McLaughlin Attorneys Named to 2020 Best Lawyers® List

News/ December 7, 2018

Victor Elgort to Present on Top LLC Mistakes for National Business Institute

News/ August 15, 2018

Nineteen Norris McLaughlin Attorneys Named to 2019 Best Lawyers® List

News/ March 21, 2018

Nine Norris McLaughlin Attorneys Recognized by New Jersey Super Lawyers 2018

News/ November 1, 2017

Victor Elgort Presents Advantageous Uses of LLCs for NBI

News/ August 15, 2017

Fifteen Norris McLaughlin Attorneys Selected for Inclusion in Best Lawyers

News/ December 7, 2016

Victor S. Elgort Speaks On LLC Operating Agreements

News/ August 15, 2016

Fourteen Norris McLaughlin, P.A. Attorneys Selected for Inclusion in Best Lawyers

News/ August 20, 2015

Fifteen Norris McLaughlin Attorneys Selected for Inclusion in Best Lawyers

News/ August 20, 2014

Fourteen Norris McLaughlin Attorneys Selected for Inclusion in Best Lawyers

News/ March 26, 2014

Fifteen Norris McLaughlin Attorneys Recognized by New Jersey Super Lawyers 2014

News/ September 5, 2013

Fourteen Norris McLaughlin Attorneys Selected for Inclusion in Best Lawyers

News/ June 4, 2013

Victor S. Elgort and Peter D. Hutcheon to Speak About LLCs

News/ December 11, 2012

Victor S. Elgort Speaks About Entity Selection for Small to Medium Sized Businesses

News/ October 5, 2011

Twenty-Eight Norris McLaughlin, P.A. Attorneys Named Among Best Lawyers

News/ March 24, 2011

Eighteen Norris McLaughlin Attorneys Recognized by New Jersey Super Lawyers

News/ August 20, 2009

Nineteen Norris McLaughlin Attorneys Named Among Best Lawyers

News/ February 6, 2009

Norris McLaughlin, P.A.Advises In Colavita Consolidation of North American Operations

News/ November 21, 2008

Seventeen Norris McLaughlin, P.A. Members Named Among Best Lawyers In America

News/ January 28, 2008

Seventeen Norris McLaughlin Members Named Among Best Lawyers In America

August 2011

Quoted, “Succession Success,”

New Jersey Business Journal,

Presentations/

Presentations

December 13, 2019

"Formation and Drafting: Articles and Operating Agreement,"

National Business Institute, Princetown, NJ,

Presentations/

December 13, 2019

"Tax Mistakes Made in Distribution, Allocation and Entity Selection,"

National Business Institute, Princetown, NJ,

Presentations/

November 4, 2019

"How to Draft the LLC Operating Agreement,"

National Business Institute, Cherry Hill, NJ,

Presentations/

November 4, 2019

"LLC or S-Corp Tax Considerations,"

National Business Institute, Cherry Hill, NJ,

Presentations/

December 20, 2018

"Taxation of LLCs – Top Attorney Mistakes,"

National Business Institute, Cherry Hill, NJ,

Presentations/

November 27, 2018

"10 Common Mistakes When Forming an LLC,"

Nassau County Bar Association, Garden City, NY,

Presentations/

October 10, 2018

"You're No Longer a Start-Up! Now What?"

Norris McLaughlin, P.A., Bridgewater, NJ,

Presentations/

November 6, 2017

"LLCs: Beyond the Basics,"

National Business Institute, Princeton, NJ,

Presentations/

December 19, 2016

"LLC Operating Agreements,"

National Business Institute, Princeton, NJ,

Presentations/

October 19, 2016

"Buy-Sell Agreements For Closely Held and Family Business Owners,"

Norris McLaughlin, P.A., Bridgewater, NJ,

Presentations/

December 18, 2012

"LLC or Inc.? Entity Selection for Small to Medium Sized Business,"

National Business Institute, Bally's Atlantic City, NJ,

Presentations/

December 19, 2012

"LLC or Inc.? Entity Selection for Small to Medium Sized Business,"

National Business Institute, Holiday Inn, Cherry Hill, NJ,

Presentations/

Presentations/

Presentations/

October 16, 2008

"Limited Liability Companies,"

NBI,

Presentations/

December 13, 2006

"LLCs: Advising Small Business Start-Ups and Larger Companies in NJ,"

Lorman Educational Services,

Presentations/

May 17, 2006

"LLCs: Advising Small Business Start-Ups and Larger Companies in NJ,"

Lorman Educational Services,

Presentations/

May 9, 2006

"Partnerships, LLCs and LLPs in NJ: Organization and Operation,"

Lorman Educational Services,

Presentations/

December 15, 2005

"LLCs: Advising Small Business Start-Ups and Larger Companies in NJ,"

Lorman Educational Services,

Presentations/

June 2, 2005

"Drafting LLC and LLP Agreements in NJ,"

NBI,

Presentations/

May 24, 2005

"LLCs: Advising Small Business Start-Ups and Larger Companies in NJ,"

Lorman Educational Services,

Presentations/

September 21, 2004

"LLCs: Advising Small Business Start-Ups and Larger Companies in NJ,"

Lorman Educational Services,

Presentations/

July 28, 2004

"Partnerships, LLCs and LLPs,"

Lorman Education Services,

Presentations/

June 10, 2004

"Asset Protection,"

The Dermatologic Society of NJ,

Presentations/

May 27, 2004

"Successful Wealth Transfers,"

NBI,

Presentations/

April 13, 2004

"LLCs and LLPs in NJ,"

NBI,

Presentations/

November 4, 2003

"Tax Planning Considerations with Living Trusts,"

Beaver Brook Country Club,

Presentations/

September 18, 2003

"Choice of Business Entity in NJ: How to Do it Right,"

NBI,

Presentations/

April 23, 2002

"Wealth and Asset Protection Using Offshore Trusts,"

NJSCPA,

Presentations/

March 19, 2002

"Asset Protection Techniques,"

NBI,

Presentations/

August 23, 2001

"Partnerships, LLCs and LLPs: Organization and Operations,"

Lorman Educational Services,

Presentations/

March 22, 2001

"Family Limited Partnerships,"

NBI,

Presentations/

March 19, 2001

"Asset Protection Techniques,"

NBI,

Presentations/

March 14, 2001

"E-Commerce: Business Tax and Legal Aspects,"

NBI,

Presentations/

January 10, 2001

"Choice of Business Entity in New Jersey: How to Do it Right,"

NBI,

Presentations/

October 24, 2000

"Counseling the Small Business Client in NJ,"

NBI,

Presentations/

September 14, 2000

"Successful Wealth Transfer Techniques in New Jersey,"

NBI,

Presentations/

August 17, 2000

"Partnerships, LLCs and LLPs: Organization and Operations,"

Lorman Educational Services,

Presentations/

June 20, 2000

"Asset Protection Planning With Foreign Trusts,"

Passaic Chapter NJ CPAs,

Presentations/

May 1, 2000

"Asset Protection Planning,"

assaic Chapter NJ CPAs,

Presentations/

December 16, 1999

"Family Limited Partnerships and LLCs in New Jersey,"

NBI,

Presentations/

July 7, 1999

"Choice of Business Entity in New Jersey: How to Do it Right,"

NBI,

Presentations/

September 3, 1998

"Family Limited Partnerships and LLCs in New Jersey,"

NBI,

Presentations/

May 7, 1998

"Family Limited Partnerships and LLCs in New Jersey,"

NBI,

Presentations/

March 18, 1998

"Limited Liability Companies - Where is the Insurance Sale,"

NJL&C,

Presentations/

November 12, 1997

"Asset Protection Planning,"

Passaic Chapter NJ CPAs,

Presentations/

September 17, 1997

"The Sophisticated Use of LLCs in Estate Planning, Succession and Asset Planning,"

NJ Chapter of National Association of Tax Practice,

Presentations/

August 12, 1997

"Family Limited Partnerships and LLCs in New Jersey,"

NBI,

Presentations/

June 11, 1997

"Asset Protection Planning,"

Mintz Rosenfeld,

Presentations/

April 23, 1997

"Family Limited Partnerships and LLCs in New Jersey,"

NBI,

Presentations/

October 3, 1996

"Advanced Estate Planning Techniques in New Jersey,"

NBI,

Presentations/

December 2, 1995

"Asset Protection Planning (Offshore),"

Merrill Lynch,

Presentations/

November 16, 1995

"Limited Liability Companies: The Entity of Choice in New Jersey,"

NBI,

Presentations/

June 22, 1995

"Limited Liability Companies: The Entity of Choice in New Jersey,"

NBI,

Presentations/

June 23, 1995

"Limited Liability Companies: The Entity of Choice in New Jersey,"

NBI,

Presentations/

May 16, 1995

"Choice of Entity: LLCs, LLPs, and S Corporations,"

NJSCPA,

Presentations/

November 9, 1994

"Hot Buttons for Professional Advisors,"

Norris McLaughlin, P.A.,

Presentations/

November 2, 1994

"Hot Buttons for Professional Advisors,"

Norris McLaughlin, P.A.,

Presentations/

October 26, 1994

"Hot Buttons for Professional Advisors,"

Norris McLaughlin, P.A.,

Presentations/

October 19, 1994

"Hot Buttons for Professional Advisors,"

Norris McLaughlin, P.A.,

Presentations/

October 12, 1994

"Hot Buttons for Professional Advisors,"

Norris McLaughlin, P.A.,

Presentations/

October 5, 1994

"Hot Buttons for Professional Advisors,"

Norris McLaughlin, P.A.,

Presentations/

October 19, 1994

"Asset Protection Planning,"

NBI,

Presentations/

January 29, 1994

"Limited Liability Companies in New Jersey,"

PES,

Presentations/

October 1, 1993

"Planning Opportunities with Living Trusts in NJ,"

NBI,

Presentations/

September 22, 1993

"Estate Planning Roundtable,"

Summit Trust,

Presentations/

September 22, 1993

"Structuring to Avoid Liability,"

Belle Mead Development,

Presentations/

July 15, 1993

"Foreign Corporation Doing Business in the U.S. and the State of NJ: The Legal Perspective,"

Small Business Development Bergen County,

Presentations/

July 19, 1993

"A Practical Guide to Estate Administration,"

NBI,

Presentations/

May 27, 1993

"Estate Planning and Administration in NJ,"

The Cambridge Institute,

Presentations/

May 19, 1993

"Estate Planning and Administration in NJ,"

The Cambridge Institute,

Presentations/

December 10, 1992

New Jersey Probate: Beyond the Basics,

NBI,

Presentations/

September 9, 1992

"Planning Opportunities with Living Trusts in NJ,"

NBI,

Presentations/

May 28, 1992

"Estate Planning and Administration in NJ,"

The Cambridge Institute,

Presentations/

May 19, 1992

"Estate Planning and Administration in NJ,"

The Cambridge Institute,

Presentations/

February 13, 1992

"Wealth Transfer and Retention,"

National Westminster Bank,

Presentations/

March 6, 1991

"Business Succession and Estate Planning,"

NJ Motor Truck Association,

Presentations/

January 29, 1991

"Administration of Estate in New Jersey,"

NBI,

Presentations/

January 16, 1991

"Wealth, Retention, Preservation and Transfer,"

Business for Central Jersey,

Presentations/

December 3, 1990

"Effective Estate Planning and Administration in NJ,"

The Cambridge Institute,

Presentations/

November 27, 1990

"Effective Estate Planning and Administration in NJ,"

The Cambridge Institute,

Presentations/

September 25, 1990

"Practical Tax Considerations for Physicians and Dentists,"

NJSCPA,

Presentations/

August 28, 1990

"New Jersey Probate: Beyond the Basics,"

NBI,

Presentations/

August 3, 1990

"Real Estate Tax Planning,"

NJSCPA,

Presentations/

August 4, 1990

"Real Estate Tax Planning,"

NJSCPA,

Presentations/

July 18, 1990

"Saving Taxes Through Tax-Free Exchange,"

NJSCPA,

Presentations/

May 17, 1990

"Issues in Real Estate Taxation II,"

NJSCPA,

Presentations/

May 16, 1990

"Issues in Real Estate Taxation I,"

NJSCPA,

Presentations/

November 10, 1989

"Real Estate Tax Planning,"

NJSCPA,

Presentations/

November 9, 1989

"Real Estate Tax Planning,"

NJSCPA,

Presentations/

June 6, 1989

"Tax Planning,"

Metro,

Presentations/

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