Instead of using file cabinets, many, if not most, offices and businesses now store at least some of their documents on computers. After all, it is a space saver and organization is much easier. However, what you must be aware of is that computer documents, e-mails and drafts of letters and agreements and the like […]
Almost every buyer or seller of real estate has dealt with a real estate broker as part of the transaction. Most real estate brokers are compensated through the payment of a commission, generally based upon a percentage of the purchase price. The broker’s ability to receive this compensation is generally contingent upon the sale taking […]
Grandparents’ Rights In Question New Jersey statutes have long afforded grandparents the right to seek court intervention if the death, divorce, or separation of their grandchildren’s parents has meant that the grandparents have little or no access to the children. However, a recent ruling by the United States Supreme Court may impact their ability to […]
We are happy to introduce to our clients and friends, our newest Associate, Robert Germain, who joined the firm in November. Rob, who was admitted to the bar in 1998, will be working both in the Litigation and Transactional areas of our practice. He is a welcome addition to our hard-working legal staff. Rob grew […]
The New Jersey Department of Environmental Protection has proposed new Water Quality and Watershed Management Rules which will, when adopted, have some impact upon development within the State. Significant aspects of the proposed Rules include that the Rules will: (1) address non-point source pollution, i.e. pollution from widespread sources such as roads, lawns and farms […]
IRA’s afford great income tax benefits, however, there are strict rules that must be followed to obtain these benefits. Further, there are recommendations to be considered to maximize these benefits. There are two (2) types of IRA programs that offer different benefits; both programs should be reviewed to determine which program offers the taxpayer the […]
The New Jersey Construction Lien Law, which was amended in 1994, applies to any contractor, subcontractor or supplier, as defined by the Act, who provide work, services, equipment or materials pursuant to a contract. The contractor, subcontractor or supplier is entitled to a lien for those services, materials or equipment furnished. The lien attaches to […]
Most of us are familiar with the traditional property foreclosure situations resulting from a mortgage default, generally caused by failing to make monthly mortgage payments. However, in New Jersey, like most states, a different, lesser known form of property foreclosure routinely takes place pursuant to New Jersey’s Tax Sale Certificate Law. Most property owners know […]
Enter article text hereIn September, the New Jersey legislature gave divorce litigants, lawyers, and courts another option when considering the complicated issue of spousal support. It amended the divorce statutes to permit “limited duration” awards in addition to permanent, rehabilitative, and reimbursement alimony. This new type of alimony is meant to fill a gap that […]
There is a general misconception that “Estate Planning”is something only rich people should consider. This is not true. People with wealth do require planning for tax avoidance. Legal Update readers have read about tax avoidance methods in my articles over the last ten years. Tax avoidance is an important goal since taxes can be significant. […]