In New Jersey, child-support is defined as a financial payment from one parent to the other to provide for the needs of their child or children. Child support is the right of every child and neither spouse can waive this responsibility. All parents regardless of their marital status have an…
Lindabury, McCormick, Estabrook & Cooper, P.C. Firm News & Events
Lifetime Gift Planning in New Jersey
New Jersey has been widely recognized as among the more onerous states in terms of transfers at death. While federal and state death tax laws have been loosened over the past many years so as to exempt more and more people from estate and inheritance taxes1, New Jersey has not…
“Pet Trusts”: Providing For Your Pets After Death
In today’s society, it’s becoming increasingly common for our pets to be treated as part of the family…but what happens to your pet or pets upon your death when you are no longer there to care for them? In the eyes of the law, animals are considered property…so you can’t…
Dealing With Digital Assets During Life and After Death
We live in a digital age. The advent of the personal computer, the rise of social media, online access to financial accounts and commerce, and the development of increasingly efficient programs and applications affording easy access to our finances, shopping, entertainment activities, and communications, have helped to create a world…
Restrictive Covenants Can Thwart Development In Some Cases
But Can Also Be Used As An Effective Tool To Enhance The Desirability And Market Value Of Other Developments Many people believe that restrictive covenants are antiquities not to be seen in their lifetime, however, a recent unpublished Appellate Division case, Welch v. Chai Ctr. for Living Judaism, Inc., Nos.…
Common Carriers Can Utilize Maritime Lien Law to Enhance Their Creditor Position in Chapter 11 Matters
In re: World Imports LTD (No. 15-1498) Recently, the U.S. Court of Appeals for the Third Circuit issued a favorable decision for a secured creditor in the context of maritime liens on the prepetition goods of a Chapter 11 debtor, World Imports, Ltd., et al. The court noted the existence…
Morristown New Jersey Adopts Paid Sick Leave Ordinance
As the State legislature continues to debate the merits and the provisions of a comparable state law governing paid sick leave, Morristown has moved forward. Morristown now becomes the 13th municipality in New Jersey to adopt a paid sick leave ordinance that is applicable to all non-union, non-governmental employers operating within…
Deadline Approaching for Real Estate Tax Exemption Filing
November 1 is an important date for non-profit corporations and associations seeking exemption from real property taxation for their owned real estate. An application for exemption in the first instance with respect to a particular property is made by filing an Initial Statement (on the State prescribed form) with the…
Step By Step Guide For When Your Spouse Files For Divorce
Whether you have been served with notice that your spouse has filed for divorce, or if you are contemplating filing for divorce yourself, there are important steps anyone facing this scenario should undertake. The first is to stay calm. This is obviously easier said than done but it is important…
“Inherently Beneficial Uses” Get Favored Zoning Treatment – What Non-profits and Community Organizations Need To Know
Are you a non-profit or other community oriented organization looking to expand or relocate your facilities? The law may give you a distinct advantage in obtaining the necessary zoning approvals. The dynamics of growth, evolving missions and changing communities can lead to a need for expansion to meet current demand…