The old year is ending and a new one is about to begin in New Jersey. With the beginning of 2019 comes the implementation of new tax laws that determine how large an estate can be before it is subject to the federal estate tax. The estate and gift tax exemption for...
Child Custody issues can be a sticking point in a divorce
Divorce in New Jersey is seldom entered into lightly and can be further complicated if children are involved. Child custody issues can hold up proceedings and cause what can be a lengthy process to be even longer. While couples may come to an agreement on custody...
Estate planning and information sharing
Dying without a will or trust in place has gotten a lot of attention in recent months and years as several prominent people have died without a will or a trust. Estate planning is vital to ensuring that one's final wishes regarding health care directives, burial plans...
Estate planning can be vital if a person owns a business
Having a will or trust in place can be important for anyone living in New Jersey. Most people have assets or other property they would wish to protect. Estate planning can be particularly important if one is a business owner and has other family members involved in...
Why talking to parents about estate planning early is critical
Some of the biggest news stories about estate planning are about celebrities with a significant amount of assets that did not sit down with an attorney to discuss who inherits their property. It can become a financial and legal nightmare when the heirs are left to...
Divorce and alimony: Is a lump-sum payment possible?
Ending a marriage can be an expensive undertaking in New Jersey. In addition to the legal fees incurred during the divorce negotiations, there may be additional expenses of alimony and child support. These are typically paid out over time on a monthly basis and can go...
Pros and cons of arbitration in a divorce
The decision to end a marriage is seldom entered into lightly in New Jersey. When a couple decides to divorce, there are different options that can be exercised as to how divorce negotiations will proceed and to what extent the courts will be involved. Arbitration is...
Estate planning a gift of the season
It's October and the holiday season will soon be here. It is often said, by people young and old in New Jersey, that they just have too much stuff. There has been a move of late to give to charitable contributions in lieu of gifts to loved ones. Another option would...
Estate planning should be reviewed in the event of remarriage
Divorce and remarriage in New Jersey are very common in this day and age. Complex family structures are often one result of this phenomenon. One result of all of this is more complex estate planning. When both partners have offspring from prior marriages and possibly...
Plan for your kid’s college tuition in your divorce settlement
In recent years, a New Jersey teen sued her divorced parents for tuition support payments and won. The case gained international news as it raised questions over whether parents —divorced or not — should be legally required to provide financial support for...