Michael D. Grohman practices in the areas of tax and estate planning and administration, with particular emphasis on estate planning for owners of closely held businesses and those going public, professional athletes and entertainers. He is admitted to practice in New York and New Jersey. Mr. Grohman is a graduate of Brooklyn College of the City University of New York, Brooklyn Law School and the New York University School of Law.
Areas of Practice
- Wealth Planning
- Tax and Estate Planning and Administration; Planning for Closely Held Businesses
Admissions
- New York
- New Jersey
- Supreme Court of the United States
Education
- New York University School of Law, LL.M., Taxation, 1993
- Brooklyn Law School, J.D., 1983
- Brooklyn College, City University of New York, Bachelor of Science in Accounting, 1980
Experience
- Duane Morris LLP
- Partner, 1996-present - Gibbons, Newark, New Jersey
- Associate, 1989-1996 - Shearman & Sterling, New York, New York
- Associate, 1985-1988 - Price Waterhouse, New York, New York
- Tax Staff, 1983-1985
Professional Activities
- Lecturer, Estate Planning and Practicing Law Institute
- Adjunct Professor, Fordham University School of Law, 2015
- Adjunct Professor, Estate Planning, Seton Hall University School of Law,
1994-2000
Civic and Charitable Activities
Member of the Board, Girls Educational and Mentoring Services (GEMS), New York, New York, 2013-2018
Member and Secretary of Board of Directors of the Macaulay Honors College of City University of New York
- Member of Advisory Board of NYC SALT, New York, New York
President of Alumni Board of Brooklyn Law School
Honors and Awards
- Listed in Best Lawyers in America, 2021-2024
Awarded "Highest Possible Rating in Both Legal Ability and Ethical Standards," Judicial Edition, 2019
- Inaugural Recipient of the GEMS Male Allies Award for pro bono work representing victims of domestic commercial sexual exploitation and trafficking, 2013
- 2013 Top Rated Lawyer in Taxation Law, The American Lawyer
- Listed in Worth Magazine's Top 100 Attorneys, 2007
- AV Preeminent® Peer Review Rated by Martindale-Hubbell®
No aspect of these rankings has been approved by the Supreme Court of New Jersey. Further information on methodologies is available via these links.
Selected Publications
- Co-author, "IRS Proposed Regulations Would Close Anti-Clawback Loophole After 2025," Duane Morris Alert, April 28, 2022
- Co-author, "High-Tax States Challenge Constitutionality of Cap on SALT Deduction," Duane Morris Alert, July 25, 2018
- "Federal Estate Tax Equality for Same-Sex Couples," Duane Morris Alert, June 15, 2012
- Featured in "Growin' with Grohman," Legal Bisnow (New York), May 31, 2011
- Co-author, "Estate and Inheritance Taxes Increase as States Seek Revenue ," Duane Morris Alert, December 7, 2009
- Co-author, "U.S. House Passes Legislation for Permanent Federal Estate and Gift Tax Relief," Duane Morris Alert, December 4, 2009
- Co-author, "Update on Proposed Changes to Federal Estate Tax Law," Duane Morris Alert, September 16, 2009
Selected Speaking Engagements
- Speaker, "Legal Executive Forum – Celebrating Black History Month," Deloitte, Webinar, February 25, 2021
- Panelist, "Signed, Sealed, Delivered? How to Handle a New Athlete Client," New York City Bar, New York, June 14, 2017
- Faculty, "The NFL & NFLPA Present Business Management and Entrepreneurship Program: Transitioning with Success," The Wharton School, Philadelphia, February 11, 2013
- Speaker, "A Taste of Torts," Macaulay Honors College, New York City, March 1, 2012
- Speaker, "Planning for Post-Death Elections," Practising Law Institute's 38th Annual Estate Planning Institute, New York City, September 10-11, 2004-2008