2021 - Law Office of Robert Aufseeser

How Best to Use Drag-Along Rights in LLC Agreements

A drag-along provision allows the majority owner to force the minority owner into the sale transaction, regardless of what the minority owner wants.

The pre-emptive right gives that member the option to buy additional units to preserve that member’s overall interest in the LLC.

Recently, the New Jersey Appellate Division held that an unsigned partnership agreement among medical doctors was not valid because it […]

On June 2, 2021, the New Jersey Appellate Division (DOCKET NO. A-2663-19; Judge Moynihan) upheld the judgment of the trial […]

The proceeds of a wrongful death action can be taxed by the NJ Division of Taxation. Care must be taken […]

The SECURE Act made sweeping changes to IRA distributions affecting estate plans for decedents dying on or after January 1, […]

In the only private letter ruling addressing incomplete gift, non-grantor trusts (“INGs”) in 2020, the IRS ruled that the subject […]

With proper planning you can take advantage of Qualified Small Business Stock and avoid recognition of significant gain on the […]

New Jersey has no effective estate tax, which means that transfers on death are not subject to a tax based […]

In New Jersey, the timing of a closing or other happening is generally not a material condition to the purchase […]