The Greatest Transfer of Wealth and Predicted Trends in Estate Planning
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Currently the Baby Boomer Generation is aging. They are the largest generational group in US history and they have accumulated the most wealth of any generation. Most Baby boomers are getting ready to retire and transfer their wealth to their heirs. The Boston College Center for Wealth and Philanthropy predicts…
Purchasing a Tenant Occupied Building
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The first step is obtain a copy of all written leases and sub-leases. Carefully review these documents then you want to examine each lease for the duration, if the tenant has the option to renew, rent amount, and security deposit amount. For example, if a tenant has a long duration…
A Security Deposit that is withheld or untimely returned to the tenant
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A Landlord taking a security deposit must be aware of the regulations in New Jersey. There are many rules that must be complied to avoid penalty under the law. In some circumstances if a security deposit is wrongfully withheld the Landlord may be liable for double the amount of the…
Why You Should Have a Healthcare Proxy and Durable Power of Attorney for Your 18 Year Old
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If your child is 18 years of age or older, he or she should execute a Health Care Proxy and Durable Power of Attorney. Especially, if your child is heading off to College in a different state. Laws regarding dissemination of Healthcare information vary from state to state. Many Healthcare…