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June 2015 Archives

A material breach of contract may justify a failure to act

Contractual breaches come in all shapes and sizes. A breach may be small and not critical to the success of a project, or it may be huge and threaten the life of the entire undertaking. In some extreme cases, a significant contractual breach may excuse a Moorestown party from completing the party's responsibilities under the contract; when such monumental breaches occur, they are often called material breaches.

Using an estate planning attorney can help protect life's work

People can spend their entire life building a portfolio of wealth that they intend to pass on to children, grandchildren or other beneficiaries. They may make specific notes about how they want their money distributed and they may even specifically stipulate how they want their property divided. People may make copious plans to provide for the individuals and causes that they loved during their life; however, if this plan is flawed or does not abide by the laws applicable to New Jersey estates, then the intended beneficiaries may find that the person's intentions are, in the end, disregarded.

New Jersey offers incentives to draw in new businesses

One of the most critical decisions that a business owner can make concerns where the person will open the new operation. Many considerations must go into the analysis of where a new business can be successful, because in some situations choosing the wrong location can be fatal to an enterprise's ability to thrive. The state of New Jersey is making efforts to demonstrate that it is the right place for businesses in a certain type of industry to grow -- the state is catering to business and companies in the food production and distribution industry.

Business planning takes more than one good idea

Many new New Jersey businesses start with a good idea. An individual may recognize that the community is lacking a provider of a particular good or service, and that individual may believe that starting the person's own enterprise to fill that void will solve a problem for those who live in the area. A lot of new businesses are started in order to give consumers something they want or really need.

The creation of trusts can be expressed or implied

Trusts offer many estate planning benefits to New Jersey residents who include them in their long-term plans. However, trusts can be made in two very different ways. Some parties may expressly choose to create trusts. Others may find that trusts are created without their direct involvement.

An appeal is an option after litigating a business dispute

A lawsuit is an opportunity for an aggrieved party to express the person's protests before a neutral judge or jury. New Jersey business owners often use litigation to resolve the differences they encounter while running their entities. One of the advantages of using litigation to resolve a business problem is that it provides a judgment that is enforceable against the party at fault.

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