Eric M.
Kramer
Trusts & Estates
Partner
Uniondale
T: 516-227-0738
ekramer@farrellfritz.com ekramer@farrellfritz.com
About Eric
Eric M. Kramer concentrates in sophisticated estate tax planning. His practice includes estate tax planning for high-net-worth families and individuals; preparation of prenuptial agreements, wills, and trusts; administration of estates and representation of clients before federal and New York state taxing authorities. Eric advises clients on business succession planning, including tax implications of the various methods of transfer.
He is also a certified public accountant.
Often sought after as a speaker, Eric has been quoted in The Wall Street Journal, The New York Times, Newsday and AARP The Magazine on estate tax issues.
Credentials
Education
- St. John’s University School of Law
- State University of New York at Buffalo
Bar Admissions
- New York
Court Admissions
- U.S. Tax Court
Affiliations & Appointments
- New York State Society of Certified Public Accountants, Co-Chair, Estate Planning Committee
- New York State Society of Certified Public Accountants, Former Chair, Board Governance Task Force
- New York State Society of Certified Public Accountants, Former President, Nassau Chapter
- New York State Society of Certified Public Accountants, Former Board of Director
- New York State Society of Certified Public Accountants, Past Chair, Strategic Planning Task Force
- New York State Society of Certified Public Accountants, Former Chair, Board Governance Task Force
- New York State Society of Certified Public Accountants, Former Member, NYS Board of Trustees
- New York State CPA Society Journal, Former Contributing Editor
- New York State Society of Certified Public Accountants, Former Chair, Income of Trusts and Estates Committee
- New York State Society of Certified Public Accountants, Former Chair, Estate Planning Committee, Nassau Chapter
- American Institute of Certified Public Accountants, Past Member, Estate Planning Committee
- New York State Bar Association, Trusts and Estates Section
- Nassau County Bar Association, Member, Trusts and Estates Committee
Articles & Advisories
Wealth Transfer Opportunities with Devalued Assets
The COVID-19 pandemic continues to have far-reaching effects which are expected to be felt for months to come, if not…
March 27, 2020
Client Advisory – Recession Presents Opportunities for Estate Planning with Real Estate
As we all know, commercial real estate holdings have been significantly impacted by the recession. Vacancy rates have risen, rents…
October 01, 2010
Client Advisory – The 2010 Federal Estate Tax “Repeal”
As you may already know, much to the astonishment of the legal community, Congress has failed to pass legislation extending…
February 23, 2010
News
Erik Kramer Quoted in Newsday, Ask the Expert: Should husband’s name be removed from deed, stocks after death?
Should a spouse’s name be removed from a deed or stocks after death? Eric Kramer shares his insight with Newsday on what…
November 07, 2023
Ask the Expert: How an irrevocable trust affects house sale
In a recent column you wrote about people who are selling a house inherited from their parent who had put her…
September 02, 2022
Ask the Expert: Establishing Different Kinds of Joint Accounts
I have a joint savings account with my 95-year-old father in the amount of $300,000. The purpose of me being…
August 19, 2022
There’s a shortage of estate and trust lawyers and firms can’t hire enough experts to keep up with a massive wealth transfer
At 6:30 on a Sunday morning, Steven Loeb rolled out of bed to start a full day of work —…
June 07, 2021
Think Twice Before Cashing Out Retirement Assets for Child Care
The SECURE Act (Setting Every Community Up for Retirement Enhancement Act of 2019) brought several changes to the retirement landscape,…
February 03, 2020
Ask the Expert: Leaving Money to Children Through a Revocable Trust
Your revocable trust is an alternative to a will; and like a will, it can be used to create an…
January 27, 2020
What to consider when creating a ‘spendthrift’ trust
Sometimes you have to hold the reins tight, especially when it comes to money. A spendthrift trust does exactly that.…
June 24, 2019
Ones to Watch in Law: Eric Kramer
A trusts and estates partner at Uniondale-based Farrell Fritz, Eric Kramer concentrates his practice in sophisticated estate tax planning. This…
May 13, 2019
Eric M. Kramer, Past President of the NYSSCPA’s Nassau Chapter, Recognized in Newsletter
November 01, 2010
Newsday: Eric Kramer on Family Finance: Not Too Late to Challenge Dad’s Will
To view this article, please copy and paste the following link into your browser: http://www.newsday.com/business/yourmoney/ny-bzbrenner065751303jul06,0,2892921.column This article was posted with…
July 06, 2008
Newsday: Eric Kramer on Transferring Property into a Limited Liability Company
To view this article, please copy and paste the link into your browser: http://www.newsday.com/business/yourmoney/ny-a5708315jun01,0,2767497.column This article was posted with Lynn…
June 01, 2008
Newsday: Eric Kramer Explains Will v. Deed Precedence
Please copy and paste this link into your browser to view the entire article: http://www.newsday.com/business/yourmoney/ny-a5700363may25,0,5983357.column This link is posted with…
May 25, 2008
Press Releases
29 Farrell Fritz Attorneys Recognized as 2024 Leading Lawyers by Best Lawyers
Farrell Fritz congratulates 19 attorneys on being selected by their peers for inclusion in The Best Lawyers in America© 2024.…
August 18, 2023
21 Farrell Fritz Attorneys Recognized as 2023 Leading Lawyers by Best Lawyers
Farrell Fritz congratulates 17 attorneys on being selected by their peers for inclusion in The Best Lawyers in America© 2023.…
August 18, 2022
27 Farrell Fritz Attorneys Recognized as 2021 Leading Lawyers in Their Respective Areas of Practice
Farrell Fritz has a combined total of 27 attorneys selected to the 2021 New York Metro Super Lawyers and New…
September 30, 2021
30 Farrell Fritz Attorneys Recognized as 2020 Leading Lawyers in Their Respective Areas of Practice
Farrell Fritz has a combined total of 30 attorneys selected to the 2020 New York Metro Super Lawyers and New…
November 04, 2020
29 Farrell Fritz Attorneys Recognized as 2019 Leading Lawyers in Their Respective Areas of Practice
Farrell Fritz has a combined total of 29 attorneys selected to the 2019 New York Metro Super Lawyers and New…
September 17, 2019
Eric M. Kramer Appointed to the Tilles Center Board
Farrell Fritz is pleased to announce that Eric M. Kramer has recently been appointed to the Tilles Center for the…
April 05, 2019
30 Farrell Fritz Attorneys Recognized as 2018 Leading Lawyers in Their Respective Areas of Practice
Farrell Fritz had a combined total of 30 attorneys selected to the 2018 New York Metro Super Lawyers and New…
September 13, 2018
Farrell Fritz Receives Tier 1 Ranking in 2018 U.S. News – Best Lawyers’ “Best Law Firms”
Farrell Fritz is pleased to announce that, for the sixth consecutive year, the firm has received a Tier 1 Ranking…
November 01, 2017
31 Farrell Fritz Attorneys Recognized as 2017 Leading Lawyers in their Respective Areas of Practice
Farrell Fritz had a combined total of 31 attorneys selected to the 2017 New York Metro Super Lawyers and New…
September 20, 2017
30 Farrell Fritz Attorneys Recognized as 2016 Leading Lawyers in their Respective Areas of Practice
Farrell Fritz had a combined total of 30 attorneys selected to the 2016 New York Metro Super Lawyers and New…
September 21, 2016
30 Farrell Fritz Attorneys Recognized as 2015 Leading Lawyers in their Respective Areas of Practice
Farrell Fritz had a combined total of 30 attorneys selected to the 2015 New York Super Lawyers and New York…
September 16, 2015
30 Farrell Fritz Attorneys Recognized as 2014 Leading Lawyers in their Respective Areas of Practice
Farrell Fritz had a combined total of 30 attorneys named to the 2014 New York Super Lawyers and New York…
September 23, 2014
Farrell Fritz Partner Eric M. Kramer to Serve as Chair of the NYSSCPA’s Board Governance Task Force
Trusts & Estates partner and Certified Public Accountant Eric M. Kramer will serve as chair of the New York State…
June 13, 2013
Farrell Fritz Partner Eric M. Kramer Appointed Co-Chair of the NYSSCPA’s Estate Planning Committee
Trusts and estates partner and Certified Public Accountant Eric M. Kramer has been appointed co-chair of the Estate Planning Committee…
June 03, 2013
Farrell Fritz Attorneys Recognized as Leading Lawyers in their Respective Areas of Practice
Farrell Fritz congratulates ten partners and one counsel on being selected for the 2012 New York Super Lawyers – Metro…
October 11, 2012
Farrell Fritz Partner, Eric M. Kramer, Appointed to New York State Society of CPAs PAC Board of Trustees
Farrell Fritz trusts and estates partner and Certified Public Accountant, Eric M. Kramer, has recently been appointed to the New…
July 02, 2012
Farrell Fritz Partner, Eric M. Kramer, Receives CPA Society’s Distinguished Service Award
Farrell Fritz trusts and estates partner and Certified Public Accountant, Eric M. Kramer, recently received the Nassau Chapter of the…
June 09, 2011
Farrell Fritz Partner, Eric M. Kramer, Appointed to NYS CPA Society’s Board of Directors
Farrell Fritz trusts and estates partner, and Certified Public Accountant, Eric M. Kramer, was recently appointed to the New York…
June 01, 2011
Pro Bono
Long Island Alzheimer’s Foundation
LIAF began in 1988 in typical grass-roots fashion. Five women, each of whom had a parent or grandparent with Alzheimer’s…
January 01, 2010
Recognition
Super Lawyer
New York—Metro (Estate Planning & Probate) 2012–Present
The Best Lawyers in America
Trusts and Estates 2023
AV Preeminent Martindale-Hubbell
Peer Review Rating
New York State Society of Certified Public Accountants, Nassau Chapter
2011 Distinguished Service Award
Interfaith Nutrition Network
2014 Annual Golf Outing Honoree
Community Work
Eric is chair of the annual golf outing for the Interfaith Nutrition Network (INN), a nonprofit organization with over one dozen soup kitchens and homeless shelters. In addition, Eric serves on the estate planning committees for North Shore University Hospital, as a committee member of Medical Mission International, and on the Heart Advisory Council of the Long Island Chapter of the American Heart Association. Eric is also a board member of the Tilles Center, and used to volunteer as a summer parent for the Fresh Air Fund.