Thomas M. Wells

Of Counsel
(201) 587-0888  Ext. 6400
Cell: (201) 965-0068
twells@wellslaw.com

Areas of Practice
  • Business and Commercial Law
  • Non Profit Law
  • Land Use Law
  • Real Estate Law
Education

J.D. Case Western
Reserve University, 1981
B.A., Bucknell University, 1974

Bar Admissions

New Jersey, 1983
Ohio, 1981
Vermont, 2001

Court Admissions

U.S. District Court NJ, 1983

Affiliations

Bergen County Bar Association

Vermont Bar Association

National Association of Corporate Directors

National Institute of Trial Advocacy

Special Interests

Numerous Non-Profit Representations

Director, Beach Bank Corp., Tampa Florida

Trustee, Ridgewood YMCA Volunteer for more than 50 years

Director, YMCA d’Haiti

Rotary International Member for more than 30 years

About Tom

Tom Wells was the founding partner of Wells, Jaworski & Liebman LLP. He served as the firm’s first Managing Partner and initially guided its growth to its status as a highly respected firm. After stepping down as Managing Partner, he remained the CFO and one of the firm’s three Administrative Partners, until his retirement in 2021 when he moved to “of counsel” status. Tom concentrated his practice in real estate, land use, business, commercial, and non-profit areas. For more than thirty years, Tom has enjoyed AV (highest possible) Peer Review Rating from Martindale Hubbell national lawyer’s directory.

As also the owner of a number of business enterprises, Tom has significant expertise in the area of business client representation and complex financing arrangements for real estate development and business working capital. In addition to the law firm, Tom is the Managing Partner of Wells Mountain LLC, a real estate development and management firm with properties principally in the state of Vermont, including five restorations of historic buildings into modern, successful commercial properties with over 45 tenants. Additionally, Tom is the Managing Partner of Wells Mountain Investments which has various and diverse holdings. Finally, Tom is also a “banker”, having served nine years on the Board of Directors of Cascade Bancorp, a Bend, Oregon-based bank holding company, and more recently the Board of Directors of Beach Bank Corp. in Tampa, Florida.

Tom also enjoys numerous philanthropic and civic involvements, including over 30 years of active participation in both Rotary International and the YMCA, principally as an Officer, Director and Trustee of the Ridgewood, New Jersey YMCA, and in recent years as a non-Haitian member of the Board of Directors for YMCA d’Haiti. Wells principal philanthropic activity is as the Founder and Chairman of the Board of Wells Mountain Initiative (www.wellsmountianinitiative.org) which he founded 16 years ago. “WMI” is a 501(c)(3) qualified charity focused on social change through education and community building primarily in the developing world which at last count had over 500 WMI Scholars (up from just one in 2005) studying and working in 51 countries, and 85 WMI funded social entrepreneurship programs in 18 countries. In Haiti, Tom spearheaded the construction and development of six Container YMCA Community Centers built from former shipping containers utilizing a unique award-wining design.

Tom is a graduate of Bucknell University, where in 2016 he received the Distinguished Citizenship Award together with his wife Carol, and of Case Western Reserve School of Law. He is admitted to practice law in New Jersey, Vermont and Ohio and in various District Courts. He is a former member of the Bergen County District Ethics Committee.

Tom presently divides his time between homes in St. Thomas, U.S.V.I., and Shoreham, Vermont, where he has been busy creating a 20 acre “family compound” on Lake Champlain. Tom and Carol are proud parents of three daughters, and have a grandson and two granddaughters.

Land Use

Preeminent zoning attorneys with extensive experience in sophisticated environmental matters, construction issues, zoning laws, land use law, and anticipated future land use.

Real Estate

Sophisticated real estate lawyers adept in a wide variety of real estate legal matters , both complex and straight forward, commercial and residential.

Business, Corporate and Commercial

For all types of corporate and commercial transactions including legal advice for mergers and acquisitions, complex business transactions and financing.

Articles by Thomas

Is Your Non-Profit Well Run?

Non-profits come in all sizes. Many of the largest employers in any given area are legally non-profits…consider area hospitals and […]

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Private Foundation or Donor Advised Fund…Which Way Should I Go?

Have you done well enough that you are thinking of making a substantial gift to charity? For those seeking philanthropic flexibility and high impact, the vehicle of choice has almost always been to create a private foundation.

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It’s (Still) the Economy Stupid!

It was way back in 1992, when James Carville, then an advisor to then candidate President Clinton in his first campaign, coined the famous phrase, “It’s the Economy Stupid!” The premise then was that no matter what else the voters were talking about, in the end it was really the “economy” they cared about most, and that would dictate their votes.

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Is Crowd Funding Right for Your Non-Profit?

In years past, if you had a good idea, whether it be for a for-profit venture, or more relevant to […]

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Benefit Corporations

Recently, New Jersey became the third state to enact legislation authorizing the creation of “Benefit Corporations.” A Benefit Corporation is […]

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How about a “L3C”?

An exciting new concept was recently born in the State of Vermont, where our firm also has an office. Vermont […]

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So What Do Sub-Prime Loans Have To Do With Me? . . . . a layperson’s primer

Not much! At first blush, this is the clear answer to this question. That is, unless your credit is not […]

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Our New TTE (Tax, Trusts and Estates) Department

As part of our long range plan for the law firm, last year we made a decision to substantially increase […]

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Lawyers & Banks Working Together (to help you!)

I can almost see you shaking your head at the headline. Do you have a good relationship with your lawyer […]

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