Blog

Planning for one’s future in New Jersey is important. It is important to plan for events that may occur and to ensure that they will be protected if unexpected events occur. It is also important that people plan for one’s death. This is typically done through estate planning and can include drafting wills, trusts and having a power of attorney among planning for other aspects of growing older. Some people may do this relatively early...

Organizing a business and legally starting it is just one of many steps a small enterprise in New Jersey must take in order to get the operation up and running at a profit. Along the way, businesses will no doubt face other legal issues. These common legal issues can affect businesses in any part of the country. Employment laws can be difficult to navigate For one, if a small business is going to have employees,...

New Jersey families with a member who is disabled and cannot work face a troubling conundrum: many government programs, such as Medicaid and Supplemental Security Income, pay significant monetary benefits to disabled persons, but eligibility for these benefits depends upon the income of the disabled person. If the disabled person has significant assets or is given significant monetary gifts by friends and relatives, the person’s eligibility for the government assistance program may cease. To solve...

Married couples in New Jersey may own a successful and profitable business together. However, their marriage may not have been as successful as their business, and they may make the decision to divorce. When this happens, they have several options for handling the division of the family business in a divorce. Option one: one spouse keeps the business If one spouse wants to keep the business and the other spouse does not, the spouse keeping...

When creating an estate plan, individuals in New Jersey and elsewhere need to make some difficult decisions. While this often means considering what will happen with one’s property and assets after his or her death, it also requires one to name an individual to manage the process. The estate administration process is handled by an executor; thus, it is vital that one considers what this role entails when naming an executor to handle his or...

When starting up a business there are different options to consider, including if the entrepreneur wants to start a business from scratch or consider a franchising opportunity. For that reason, entrepreneurs should be familiar with the potential benefits of being a franchisee. Rewarding: Flexible schedule: Minimize risk: Benefit from ongoing support and training programs: Access to a new business market and economies of scale and benefit from known brand name: Marketing materials and marketing support:...

It is difficult to think about the future when the present is so unexpected. Nonetheless, individuals in New Jersey and elsewhere should take the time to consider what they want for their future and what can be done now to protect it, especially when it comes to their loved ones and their inheritances. No matter a person’s age, if they are single or married, have children or not or in school or in a career,...

If you are a small business owner in New Jersey, such as the sole owner of a small manufacturing company, you may want to make sure your employees understand their rights and duties. One way to accomplish this is by executing a comprehensive employee handbook. Doing so can help prevent legal claims, such as a sexual harassment suit, before they arise. The following is an overview of some important clauses that you may want to...

No matter the size, scope or age of an organization, it is wise for business owners to have a solid succession plan in place. While some natural succession might occur – assistant managers becoming managers, for example – it is important that business owners take a careful look at staff and the future needs of the company. There are certain mistakes that managers make, however, that can completely derail a well-developed succession plan, including: Don’t...

There are few guarantees in life for people in New Jersey, however, one of them is that people will continue to grow older and eventually they will pass away. It is not something people like to think about all the time, but it is going to happen and it is important that people plan for it. People cannot bring their belongings with them when they pass and they generally want their property to end up...