At every stage of litigation, a client should be aware of the possibility of settling a case rather than resorting to a trial. A trial can be stressful, costly and full of uncertainty. A trial requires attention and work from a client, as well as witness preparation. While a trial places the outcome of a […]
TAX EXEMPTIONS REINSTATED FOR GROUP HOMES FOR THE MENTALLY DISABLED In our winter 2010 Legal Update, we reported on a state tax court decision eliminating real property tax exemptions for certain private, not-for-profit companies. In the case of Advance Housing Inc. versus Township of Teaneck, a New Jersey Appellate Court has […]
Extension of Nonresidential Development Fee Moratorium On August 24, 2011 Acting New Jersey Governor Kim Guadagno signed into law legislation which extends the moratorium on requiring developers to pay a nonresidential development fee to those projects which obtain final approval prior to July 1, 2013 provided a construction permit is issued before January 1, 2015. As […]
On June 27, 2011 both the New Jersey Senate (S2974) and Assembly (A4221) unanimoulsy introduced legislation modifying the “Statewide Non-Residential Fee Act”. The bill seeks to extend a moratorium on the requirement of these fees to any projects which obtained final approval prior to July 1, 2013 provided a construction permit is issued before January […]
Your business is your life’s work. Who will run it when you retire or if you die unexpectedly? Many family businesses don’t survive the transition from founder to second generation, primarily because of family discord and tax issues. A good business succession plan ensures a smooth continuation of the business after your departure, and maximizes […]
The lawyers of W J & L remained busy, both personally and professionally, in the last year. Let’s start with education. Almost every one of our lawyers spent at least a little time in front of the classroom, teaching other lawyers or other interested parties, about their areas of specialty. Particularly busy in this area […]
If you were to make a pie chart of your fixed expenses, municipal real estate taxes would more than likely encompass a sizable portion of that pie. However, with State and Federal governmental grants to the municipality on the decline, local government has no choice but to turn to its municipal property tax assessment to […]
Who said that there is nothing certain in life other than death and taxes? I do not know who originated this statement, but it continues to ring true. We went through almost twelve months of the repeal of the Federal estate tax and, at the last minute (December 15, 2010), the House and the Senate […]
Employment manuals or handbooks can be a sword or shield, depending on whether you are an employee or employer but, no matter, employment handbooks are essential for all businesses. In these difficult economic times, many employers try to forsake putting together a handbook, in the hope of saving some money, while others, who have an […]
New Jersey Property owners, who have income producing properties such as commercial establishments, may desire to file a municipal tax appeal in these difficult economic times. A taxpayer, however, prior to doing so, must examine its records and be sure to respond to any and all mailings received from the municipal tax assessor’s office. Failure […]