Nov 9, 2017 | Legally Speaking
A limited liability company, also known as an ‘LLC’ is a type of corporate structure. It is a hybrid structure that combines characteristics of a corporation with those of partnership or sole proprietorship. LLC members cannot be held personally liable for...
Oct 3, 2017 | Legally Speaking
While gifting assets away during life can be an effective way to reduce or even eliminate estate taxes, there are some limits and pitfalls that one must consider. First, the federal gift tax law imposes limits on the amount that can be given to any one person. This...
Oct 3, 2017 | Legally Speaking
Generally, a tenant, residential or commercial, must not damage or allow the rental property to be damaged. For example the tenant cannot not put holes in walls, remove floor coverings or remove other fixtures. Additionally, if the tenant knows that there is a water...
Jul 12, 2017 | Legally Speaking
Most leases have what is called an implied covenant of “quiet enjoyment.” This means that your landlord has an obligation to make sure that no other tenants are infringing upon your rights to enjoy your property. Each town also has local/municipal...
Jul 12, 2017 | Legally Speaking
You should request a copy of the HOA’s (Home Owners’ Association) bylaws and monthly fees. At first, a development can look like a great deal with tons of benefits. However, you are going to be paying monthly HOA fees that continue to increase over time....
Jul 12, 2017 | Legally Speaking
Effective January 1, 2017, New Jersey law permits adult adoptees who were born or adopted in New Jersey to request access to their birth records. These requests are made to the New Jersey Registrar of Vital Information. For adoptions that took place prior to August 1,...