About the Author

Sharon L. Klein

President, Family Wealth, Eastern U.S. Region

Sharon is president of Family Wealth, Eastern U.S. Region, for Wilmington Trust, N.A. She is responsible for coordinating the delivery of all Wealth Management services by teams of professionals, including planning, trust, investment management, family governance and education, family office, and private banking services, to high-net-worth clients in the Eastern U.S. She also heads Wilmington Trust’s National Matrimonial/Divorce Advisory Practice.

Sharon has over 25 years of experience in the wealth advisory arena and is a nationally recognized speaker and author. She has spoken for many organizations, including the Heckerling Institute, the New York University Institute on Federal Taxation, the Notre Dame Estate Planning Institute, the Duke University Estate Planning Conference, and the Bloomberg BNA Tax Management Advisory Board. Sharon is frequently featured or quoted in publications such as the Wall Street Journal, The New York Times, Estate Planning magazine, and Trusts & Estates magazine.

Sharon is featured as one of Forbes’ Best-In-State Wealth Advisors for 2020. She is a Fellow of the American College of Trust and Estate Counsel and has received the Accredited Estate Planner Designation from the National Association of Estate Planners & Councils.

Sharon is a member of the New York Bankers Association Trust & Investment Division Executive Committee, The Rockefeller University Committee on Trust and Estate Gift Plans, the Professional Advisory Council of the Anti-Defamation League, the Estates, Gifts and Trusts Advisory Board for The Bureau of National Affairs and the Thomson Reuters Trusts & Estates Advisory Board. She chairs the Domestic Relations Committee of Trusts & Estates magazine, where she sits on the Board, is on the Advisory Board of Family Lawyer Magazine and is a member of the New York City Bar Association’s Matrimonial Committee. Sharon is a past chair of the New York City Bar Association’s Trusts, Estates and Surrogate’s Court Committee, and a past chair of the New York State Bar Association’s Trusts and Estates Law Section Taxation Committee. She is on the Board of the American Brain Foundation, and a member of its Finance Committee. In 2018, Sharon was honored by the UJA-Federation of New York Lawyers Division for her contributions to the Trusts & Estates community and the community at large.

Prior to joining Wilmington Trust, Sharon was managing director and head of wealth advisory at Lazard Wealth Management, where she led the delivery of all wealth advisory services. Before that, she headed the estate advisement department at Fiduciary Trust Company International. Sharon began her career as a trusts & estates attorney at Rosenman & Colin (now Katten Muchin Rosenman LLP).

Sharon holds a master of laws from the Boalt Hall School of Law at the University of California, Berkeley, and received a bachelor of arts and a bachelor of laws from the University of New South Wales, Australia.


By the Author

What Family Law Practitioners Must Know About the New Tax Laws

Sharon L. Klein |
Wealth Planning
Tax Returns and Divorce NC.jpg

The 2017 Tax Cuts and Jobs Act created significant ramifications in the divorce context, particularly on the income tax front.This article discusses seven areas impacted by the current tax laws–including taxation of trust income and other important considerations. Issues including taxation of alimony payments, the suspension of the personal exemption and the miscellaneous itemized deduction, as well as possible higher valuations for closely held businesses, are also covered.

Read More...


Podcast: Marriage, Divorce, and Asset Protection

Sharon L. Klein |
Wealth Planning
Alvina NYT Divorce Hero.jpg

ACTEC Fellow and President of Family Wealth for Wilmington Trust’s Eastern U.S. Region, Sharon Klein, shares her insights on this ACTEC podcast about protecting assets before marriage and after a divorce. Listen to podcast  This podcast is for general information only and is not intended as an offer or solicitation for the sale of any financial product, service or other professional advice. Professional advice always requires consideration of individual circumstances.

Read More...


Warn Clients About Change in Taxation of Trust Income After Divorce

Sharon L. Klein |
Wealth Planning
Reprints-NC.jpg

This article reprint was recently published in the July issue of Trusts & Estates magazine.The 2017 Tax Cuts and Jobs Act (the Tax Act) altered the way that income from certain trusts is taxed in the event of a divorce.Practitioners should carefully consider the tax impact of every trust created during a marriage in the event the parties get divorced in the future.

Read More...