• What to know about a financial power of attorney
    Many people avoid signing a power of attorney document at all costs because they mistakenly think it will take away all of their control over their financial decisions. However, signing a power of attorney may give you more control than you think. A financial power of attorney is a document that appoints someone, called an agent or attorney-in-fact, to make financial and legal decisions on your behalf. Some of these decisions may include paying your...
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  • How does New Jersey rank for business-friendliness?
    Forbes recently came out with its state rankings on business-friendliness for 2018. These rankings were reached through reviews of six different categories of factors: business costs, labor supply, regulatory environment, economic climate, growth prospects and quality of life. Small business owners and entrepreneurs here in New Jersey may not be thrilled about the state’s performance in the rankings. New Jersey ranked in the bottom half of the country New Jersey was ranked as...
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  • How do we choose our child’s guardian?
    No parent likes the thought of passing away and leaving their child in need of care. It’s a terrible hypothetical, but one that families should be prepared for in the event of a tragedy. Whether your child is a minor or an adult without the capacity to care for themselves, who will be responsible for your child and their well being is a key factor to creating an estate plan. If you are struggling...
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  • Understanding the different types of business structures
    When starting a business, you’ll need to select an ownership structure for your new venture. There are pros and cons to each business structure and it’s beneficial to devote time to learn about each one and choose the best for you. All of the decisions you make when beginning this journey are important, but choosing the type of legal structure is probably the most important thing relating to taxes. There are five main business...
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  • 3 considerations when dividing ownership of a partnership
    Your co-owner may be a spouse, sibling, friend or professional connection, but your partnership agreement will form the basis of your working relationship for the lifespan of your business. Not only will determining ownership affect each owner’s personal finances, but it will also shape the way that your business grows over time. Keep in mind, however, that ownership and liability may not necessarily be the same; your attorney can provide further information about each...
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  • What you should know about probate in New Jersey
    After a loved one passes away, figuring out how to administer his or her estate can be challenging, particularly if you have never done it before. You’ve likely heard horrible things about estates languishing in probate and wonder if that is going to happen to you. If it does, do not worry. You do not have to endure the probate process alone. What is probate? Is it always necessary? How does it work in New...
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  • The information you need to choose a trustee
    Making most of the decisions regarding your trust may not have been terribly challenging. More than likely, you already had some idea of who to name as the beneficiaries, along with how and when distributions would take place. Then, it came time to decide who would administer your trust. This decision is the one that you may recognize carries a significant amount of importance for the futures of your beneficiaries. If you choose the...
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  • Take a step back this summer and set goals for your business
    As summer approaches, many people make plans for vacation. This is a time to relax and refresh so you can feel renewed when you get back to work. If you are a small business owner, you may wish to use your vacation — or any downtime — to consider the goals you have for your business. Goals are essential for new business ventures, but even veteran business owners can benefit from seeing plans through...
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  • The creation of a special needs trust could benefit your family
    Estate planning is a crucial step for every New Jersey family, but your family may have special needs that you should address with your estate plan. If you have a special needs child or you have a family member who will not be able to care for himself or herself in the future, you can include certain things in your plan for that person’s care. One of the ways you can do this is...
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  • Find out what mistakes could derail your estate plan
    Estate planning is an important step for all New Jersey adults, regardless of the size of their estates. You have worked hard to build your estate, save for your future and build wealth to leave your loved ones, and you have the right to decide what happens to it. Whether you own a little or a lot, estate planning allows you to make important decisions about your property. Having a will is good, but...
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Michael Ritigstein is a Founding Partner of the firm concentrating his efforts in supporting the firm's litigation, corporate and estate matters. Mr. Ritigstein graduated from the University of Delaware in 1996 and Seton Hall University School of Law in 2000. In 2007 he received a Masters of Law in Taxation with a concentration in Estate Planning, from Temple University's Beasley School of Law.

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Attorney Mike took our call & agreed to meet with us for a free consultation. During our meeting he was very thorough in explaining the legal process, approach, cost, and time needed for our case. His fee was very reasonable. I would definitely recommend him to others. You certainly will not regret it should you decide to use his services.
— R. Maraj