What is “Time of the Essence” and what can it mean to my real estate contract? Time of the essence means that the performance by one party to the contract at a specified location, date and time is required in order to require performance by the other party to the contract, and a failure to […]
The new tax law, The 2001 Economic Growth and Tax Relief Reconciliation Act, is very complicated, and it unfortunately does not eliminate the need for estate planning. In fact, it makes tax and estate planning more important. The old law had a combined Gift and Estate Unified Credit and Tax Rate. It permitted each person […]
Summer is a time of transition for many families, so we are often asked if parents can change their residences after a divorce or separation. New Jersey Law addresses this issue, but, of course, the facts of each case must be considered when applying it. Many couples with children think about this issue when they […]
There are many excuses why our clients don’t initiate, update or maintain their estate planning documents. Don’t let this happen to you. Take control of your Estate Plan and family’s future by following this short list of Do’s and Don’t’s. Don’t let the “Excuses” prevent you from proper planning. We can all be very creative […]
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 […]
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 […]
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 […]
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 […]
Following in the footsteps of the New Jersey Supreme Court and its 1994 decision in Coventry Square v. Westwood Zoning Board of Adjustment, the Appellate Division recently made another distinction between the burden of proof required by applicants seeking use variances pursuant to section 70(d) of the Municipal Land Use Law.In 1987 the Supreme Court […]