Your business has been growing over the years and has become a very lucrative enterprise. Investors are attracted to your business, and you may wonder if now is the time to go public. If so, you will want to know your options for incorporating your business. Is a C...
You may be considering starting your own business after being inspired by a spark of an idea. Owning your own business can be lucrative and rewarding, but it takes a lot of work to get it off the ground. One of the first decisions you will have to make as a new...
When business owners in New Jersey start a new business, they will go through the process of determining what is the best business structure for their business. They could incorporate, set up a limited liability company (LLC), have a partnership and others. One...
When people in New Jersey and elsewhere finally begin the process of planning out their estate, it can be overwhelming to decide on what is most important. Often, we focus only on the financial aspects and how to distribute accumulated wealth to loved ones. But there...
Depending on the type of property that you own, property taxes can be quite burdensome. In fact, some people, especially those who own commercial property, can see tens of thousands of dollars in taxes being levied against them on an annual basis. This can threaten...
Now, more than ever, it is apparent that life comes with many unexpected events. One never knows what lies around the corner, making it imperative to consider many what-ifs in life no matter a person’s age or phase in life. Illnesses, injuries and freak accidents do...
Just like everything we do in life that involves the law, there are pitfalls. So, to is the estate planning process. There are things that we may do for reasonable reasons, but that can have a negative affect on our estate plan. Joint ownership Throughout our...
If you’re a landlord, then you’re aware of the challenges that you can face when dealing with tenants. It can be frustrating, maddening, and downright stressful to deal with some of these residents. It can also be costly. Tenants can leave you with expensive repairs...
The term, digital asset, has exploded recently as our e-life has continued to expand. The term refers to any account that requires a username and password to access or control. And, as with any other asset, these should be accounted for in an estate plan. Why it...
For generations, the will was considered the status quo way for ordinary Americans to organize their estate. But in recent years, a plethora of estate planning tools have become vogue, encouraging estate planners to explore exciting will-alternatives. Irrevocable...