By Kevin | Published August 14, 2022 | Posted in Uncategorized |
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New Jersey Housing Market Slowing Down: Good News for Buyers; Bad News for Sellers
New Jersey Housing Market Slowing Down: Good News for Buyers; Bad News for Sellers Data shows the number of homes sold is significantly less compared to a year ago. Interestingly, homes for sale inventory has been growing recently. Industry experts continue to note the increasing inventory in all markets. Moreover, mortgage interest rates are more Read More
Read MoreYour Business Worth: Valuation Determination
Your Business Worth: Valuation Determination Some business owners have a preconceived notion of their business worth. However, it can differ from the value prospective buyers may have. Knowledge of a business actual value is essential for business owners to receive reasonable value offers when considering a transaction with a third-party. Owners should be prepared to Read More
Read MoreCounsel and Legal Services for Condominium & Homeowners Association
If you are on your HOA or condo association’s board of directors, or a homeowner association committee, or a professional community association manager and or an advisor or vendor to community associations, we can help keep your homeowner or condominium association up-to-date with association laws, codes, statutes as well as advise as to association governance and compliance, or prosecute Read More
Read MoreBusiness Planning: Work on the Business as well as in the Business!
Many small to medium size business owners usually have most of their assets tied to their businesses. This can be challenging from a planning perspective as it relates to short term and long term planning, as well as understanding valuations and creating a succession plan and or an exit strategy. Owners need to devote proper Read More
Read MoreNew Jersey Estates: Probate or Administration? The Processes Can Be Challenging
Probate or administration of an estate in New Jersey allows an authorized individual to act on behalf of a deceased person’s estate. The process can be difficult and is not easy to predict how it will proceed or as to timing of same. Probate proceedings involve a valid and properly executed/notarized Last Will & Testament; Read More
Read MoreEstate Planning (Last Will & Testament; Power of Attorney & Health Care Directive/Living Will): The Sooner The Better!
Estate Planning (Last Will & Testament; Power of Attorney & Health Care Directive): The Sooner The Better! Estate Planning may raise many questions. We can help answer and address your estate plan questions and needs even though most all families and estates are unique, which can lead to assessing the simplicity or complexity as to Read More
Read MoreWhat Happens if a Person Dies Without a Will in NJ? Estate Administration, Not Probate
What happens if a person dies without a Last Will & Testament, is an issue many need to address. When no Will and or Trust exists, estate administration can be more onerous and complex. A person’s real and personal property to be marshaled upon passing is not distributed according to a person’s verbal and unwritten Read More
Read MoreBusiness, LLC & Corporate Entity Documentation: Paper Your Files! :)
Business and entity documentation is critical for properly authorized and legality of a start up and ongoing business operations and services. With all of these documents, it serves ongoing and future operations to be current and accurate. Missing details can result in invalid and or non-comporting business/corporate paperwork, causing you to amend, restate and or Read More
Read MoreDoes your business need a spring cleaning?
Mid-year is one of many opportune times to review your business operations globally. If your business year end is June 30, that is even more of a reason to do so. Below are some aspects that can be reviewed, assessed and revised accordingly to comport with ongoing business status and projected operations as well: -Operational Read More
Read MoreBusiness Buyers Beware: Bulk Sales Notice Requirements
The State of New Jersey Bulk Sales Law (N.J.S.A. 54:50-38) protects purchasers from tax debt from the seller of business assets when the sale is outside the normal course of business. Bulk sales include the sale of real property, tangible property such as inventory or materials and intangible assets like goodwill. However, this seemingly straight-forward Read More
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