Failure to Provide Discovery Can End Your Estate Matter
On appeal from the Superior Court of New Jersey, Chancery Division, Middlesex County, Docket No. 18-000394, the New Jersey Appellate […]
New Jersey Inheritance Tax for Non-Residents
If you live outside New Jersey and you leave New Jersey property to someone at your death, New Jersey may impose a tax.
How do drag-along rights protect majority LLC owners?
A drag-along provision allows the majority owner to force the minority owner into the sale transaction, regardless of what the minority owner wants.
What are Pre-emptive Rights in LLC Agreements?
The pre-emptive right gives that member the option to buy additional units to preserve that member’s overall interest in the LLC.
Is An Unsigned Partnership Agreement Among Medical Doctors Valid?
Recently, the New Jersey Appellate Division held that an unsigned draft partnership agreement was invalid and nonbinding until agreed to […]
In the Matter of the Gloria T. Mann Revocable Trust
On June 2, 2021, the New Jersey Appellate Division (DOCKET NO. A-2663-19; Judge Moynihan) upheld the judgment of the trial […]
When are the Proceeds of a Wrongful Death Action Includible in the Decedent’s Estate for Purposes of the New Jersey Estate and Inheritance Tax?
“Under New Jersey law, a decedent’s wrongful death provides two separate causes of action: one on behalf of the beneficiaries […]
SECURE Act Changes to IRA Distributions
The SECURE Act made sweeping changes on estate plans for decedents dying on or after January 1, 2020. The new […]
SECURE Act Changes to IRA Distributions
The SECURE Act made sweeping changes on estate plans for decedents dying on or after January 1, 2020. The new […]
Private Letter Ruling 202017018, 04/24/2020, IRC Sec(s). 2511, 671
In the only private letter ruling addressing incomplete gift, non-grantor trusts (“INGs”) in 2020, the IRS ruled that the subject […]