On Thursday, December 12, Chamber leadership thanked retiring, elected and re-elected members of the Board of Directors and recognized Debra DiLorenzo & Kathleen Davis for their 25 & 24 years of leadership and service to the Chamber and the South Jersey business community. Newly elected Board member Jennifer Sweeney, Campbell Soup Company, presented Assemblywoman Patricia Egan Jones with the Campbell Soup Extraordinary Leadership Award. Following the Annual Meeting, more than 300 members celebrated another great year at the Holiday Party at Woodcrest Country Club. Click here to view more pictures.
Chairman of the Board
Joseph W. Devine, FACHE
President,  Jefferson Health New Jersey

Vice Chairman
Ronald Masciantonio
Senior Vice President & General Counsel, 
Five Below, Inc.

Vice Chairwoman, Finance and Treasurer
Kimberly A. Brandley, CPA
Partner,  CohnReznick, LLP

Vice Chairwoman, Membership
Dr. Susan Lehrman
Dean, Rohrer College of Business
Rowan University

Vice Chairwoman, 
Special Events & Marketing
Robin A. Walton
Vice President, Community & Government Affairs,  Thomas Edison State University

Vice Chairman, Government Action 
Francis X. Manning, Esq.
Partner in Charge-New Jersey Office,  
Stradley Ronon Stevens & Young, LLP

Secretary
Kenneth Barnshaw
Senior Vice President, Governmental 
& Community Affairs, 
South Jersey Federal Credit Union
Elected to a three-year term
(January 2020 - December 2022)
David R. Mayer
Director of Government Affairs,
New Jersey American Water

Julie M. Murphy, Esq.
Partner, Hyland Levin Shapiro LLP

Jennifer Sweeney
Director of Government Affairs
Campbell Soup Company

James Ziereis
Vice President, Hotel Sales,
Tropicana Atlantic City

Re-elected to a three-year term
(January 2020 - December 2022)
Curt Allen
Vice President and Chief Financial Officer, Subaru of America, Inc.

Douglas D. Dimmig
Managing Director, Southern New Jersey Commercial Banking Group, Wells Fargo

James Greenberg, Esq. 
Partner, Duane Morris, LLP
Deborah A. Hays, Esq. 
 Partner, Archer & Greiner, P.C.

Denise V. Monahan
Administrative Vice President,
 M&T Bank

Michael Munoz
Market President, 
AmeriHealth New Jersey

Kevin M. O'Dowd
Co-President/CEO
Cooper University Health Care

Dennis W. Pullin
President & CEO,  Virtua Health

George Robostello
Regional President,  Fulton Bank

Paul J. Swider
Regional Advertising Manager, 
Inquirer Solutions Group

Elected to fill an unexpired 
term in the class of 2020
Michael Capone
Refinery Manager 
Paulsboro Refining Company
David J. Forcinito, PE
Senior Director - Operations
New Jersey American Water

Richard M. Hluchan, Esq.
Partner, Hyland Levin Shapiro LLP
Nicholas Moles, Esq.
Vice President & General Counsel, 
Resorts Casino-Hotel

Lisa Simon
CEO, SPRYTE Communications


Eight Key Estate-Planning Tips You Can Take to the Bank
By Joy Matak
Principal and Trusts and Estates National Practice Co-Leader, CohnReznick
 
As 2019 nears the end, it's time to get your finances and your estate in shape. The federal exemption from estate taxes has never been higher, and income taxes are relatively low. Before the holidays arrive to eat up your time and money, here are eight estate-planning tips you can take to the bank, or your financial advisor:

1. Reduce your taxes and protect your wealth
The federal estate tax exemption as of Jan. 1, 2019, is $11.4 million. This exemption is scheduled to be reduced by half in 2026. If the so-called "blue wave" of 2018 continues through the 2020 elections, the federal estate tax exemption could be changed much earlier than current law requires. Responsible planning may be structured to reduce your taxable estate, save income taxes, and protect your assets from creditors - in a way that permits you to continue to have access to your assets.
 
2. Update your plan
If you have a trust that's even five years old, you may need a more up-to-date trust drafted to be more powerful, robust, tailored, and flexible. Flexibility is key, because the world keeps changing, as do the stock market and tax laws. Trusts that were set up more than a few years ago are unlikely to provide the robust terms that up-to-date trusts provide, such as a modification provision, having trust protectors who can monitor trustees, and make midcourse changes, and more.
 
3. State income tax issues
Now that federal tax reform has reduced state and local tax deductions, it may be time to consider moving that trust from a high-tax jurisdiction to a state that has reduced or eliminated state income taxes for trusts. States such as Nevada, South Dakota, and Alaska have enhanced the benefits of moving there by increasing asset protection.

Click here to read the rest of the article!

For more information, please contact Joy Matak , Principal and Trusts and Estates National Practice Co-Leader.


Network Connection Lunch
On December 5, more than 50 CCSNJ members attended a networking lunch in Camden County hosted by The ChopHouse. 
Leadership Forum
On December 6, CCSNJ members learned about leadership strategies from a powerhouse panel comprised of some of South Jersey's most respected leaders: Joseph Devine, FACHE, President, Jefferson Health (back); Dr. Ali Houshman, President, Rowan University (left); Cheryl Norton, Senior Vice President, New Jersey American Water (middle); and David Budinich, Chief Culture Officer, Investors Bank.

Meet the Policymakers featuring 
NJ State Senate President 
Stephen M. Sweeney
Wednesday, December 18, 2018
11:30 a.m. - 1:30 p.m.
The Westin Mount Laurel
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Virtua Our Lady of Lourdes Hospital Named a 2020 50 Top Cardiovascular Hospital
Virtua Health is proud to announce the inclusion of Virtua Our Lady of Lourdes Hospital on Watson Health's list of 2020 50 Top Cardiovascular Hospitals. The list is based on an annual study identifying hospitals that demonstrate the highest performance in hospital cardiovascular services.
 
The 50 Top Cardiovascular Hospitals designation is part of Watson Health 100 Top Hospitals® program, which uses objective public data and proprietary analytics to evaluate hospital and health system performance. The ranking of cardiovascular programs is based on the measurement of hospital outcomes and the calculation of a composite score for certain cardiovascular admissions. The evaluation is respected for its independence and integrity in the industry.

Stradly Ronon is Proud to Announce Chairman Bill Sasso and Partner Deborah Hong Recognized as Philadelphia Business Journal's 2019 Best of the Bar
Stradley Ronon congratulates Chairman Bill Sasso and Partner Deborah Hong on being named to the Philadelphia Business Journal's Best of the Bar. Bill has been inducted into "Best of the Bar: Hall of Fame" to honor his outstanding 47-year legal career and commitment to making those around him embrace the things that matter most. Deborah was selected as a "Best of the Bar: Philadelphia's Top Lawyers" recipient in the corporate category for her recent achievements and the impact of her work.

HandsFree Health Honored by Industry Publications for Innovation in Healthcare in 2019
HandsFree Health ™, provider of  WellBe ®, a secure, HIPAA complaint, voice-enabled virtual assistant platform, was honored by industry publications this year, further demonstrating an innovative product offering for the healthcare market.

Employee Benefit News and Employee Benefit Adviser magazines, leading resources for employee benefit planning and programs, awarded HandsFree Health with a 2019 Digital Innovator Award for WellBe. HandsFree Health and WellBe will also be featured in the December Innovations issue of PM360 Magazine and pm360online.com, a leading life sciences and biopharma industry publication. WellBe is a finalist for a PM360 Innovation award in the product category.

Nehmad Perillo Davis & Goldstein Expands with Five New Attorneys
Nehmad Perillo Davis & Goldstein, a prominent real estate and commercial litigation law firm, today announced its recent hiring of five new attorneys in its Egg Harbor Township and Avalon locations. The addition of these new attorneys - each of which demonstrate diversity in their background and practice areas - is a testament to the firm's commitment to establishing itself with a broad statewide platform, representing Fortune 100 companies and small businesses alike.

The newest additions to the NPD&G team include CherylLynn Walters, Michael J. Lario, Jr., Jessica R. Witmer, and Matthew D. Sykes. 

RSM is the largest accounting firm serving the middle market in the U.S. and a member of RSM International, a global network of independent audit, tax and consulting firms with more than 41,000 people in 116 countries.

 

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