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November 2017 Archives

What are important points about irrevocable living trusts?

The number of options for New Jersey residents considering a trust can lead to rampant confusion. When the decision is made to use a living trust, there are still alternatives available such as whether to make it a revocable or irrevocable living trust. It is not necessary to be wealthy to have a living trust of any kind. But the type of trust that the person picks will have a significant influence on the future. The individual situation is the key to deciding which trust is preferable.

What is a cost-plus-fee contract in construction?

New Jersey has a great deal of construction underway and the agreement between the property owner and the contractor can be a complicated matter. It is inevitable that a contract dispute will sometimes arise and make it possible that litigation is necessary. When a construction developer comes to an agreement on a project, there are two different types of contracts that are generally in place for it. They are lump-sum contracts and cost-plus-fee contracts. This post will center on cost-plus-fee contracts.

Estate planning can avoid an inheritance fight

You may find yourself ready to begin an estate plan. Estate planning is truly a positive process. Not only do you get to pass along your accumulated wealth, and leave your mark on the world, but by having a plan it will ease the stress on friends and relatives. They will be able to follow your written preferences and will have few questions about what you really wanted.

Legal assistance is essential with a New Jersey business start-up

Not everyone in New Jersey is content working for someone else. Some want to start their own business and be their own boss. A business start-up is a noteworthy endeavor, especially if the idea for the business is a solid one. However, it is not just a matter of waking up one day and deciding to start a business. There are numerous legal aspects that must be considered with business ownership. Having legal help from the start is vital to ensure compliance and to protect oneself.

What should I know about special needs trusts?

New Jersey residents who have a loved one whose care is a concern after they have died will often be unsure of what to do. These people should consider a special needs trust. With a special needs trust, a person who is disabled or unable to care for him or herself will be cared for and still be able to get government assistance through Medicaid, Supplemental Security Income (SSI) and other programs. With the trust, there will be a trustee to oversee it. It can be a family member or a third party who the court will appoint. The trustee is an important part of a special needs trust because it must be remembered that the contents of the trust are for the care of the disabled person and must be used accordingly.

What are the different contracts for builders and construction?

When there is a construction project in New Jersey, there should be a contract to list the expectations. This is true whether it is a public or private project; large, medium or small. Understanding the different types of construction contracts available is essential. This is because if there is a breach of contract or if litigation is necessary, the contract itself will be imperative to settling the matter.

Maximizing financial benefit with the sale of a business

For many New Jersey business owners, there comes a time when they would like to move forward with a business sale and move on to something else. Whether that is retirement or starting another business varies depending on their motivation. One of the key factors to having the ability to do what they want is maximizing the return on the business sale. To do this, there are certain strategies that a business owner must remember at the time of sale.

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Mount Laurel Office
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Mount Laurel, NJ 08054

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Linwood Office
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Cape May Court House Office
618 Route 9 South
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