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The Operating Agreement: The Centerpiece of Your Business

By- wpadmin | Apr 25, 2023 | No Comments

An operating agreement is a written document that dictates how a company will be operated and who is going to be operating it. As a result, an operating agreement should be comprehensive in an effort to address the various decisions and procedures companies typically face. Remember: A properly formed business is a separate legal entity apart from the owners themselves. So a set o [....]

What is an Expungement?

By- wpadmin | Apr 18, 2023 | No Comments

Arrests that do not result in conviction, and even many convictions for criminal offenses may be “expunged” from one’s record. This means that the incident and all resulting paperwork can be erased. As per N.J.S.A. 2C:52-1(b):

Expunged records shall include complaints, warrants, arrests, commitments, processing records, fingerprints, photographs, index cards, “rap [....]

It’s Not Your Money Yet

By- wpadmin | Apr 11, 2023 | No Comments

It is a common scenario:
Someone passes away and their ‘Last Will and Testament’ states that their entire net estate is left to their only child, who is an adult. Further, not only does the Will give that child the entire estate, but it also appoints the child as Executor of the estate, thereby bestowing upon the child the responsibility of disbursing es [....]

The Legal Requirements for the Removal of a Trustee

By- wpadmin | Mar 15, 2023 | No Comments

No man is infallible; the wisest make mistakes; but the law holds no man responsible for the consequences of his mistakes which are the result of the imperfection of human judgment, and do not proceed from fraud, gross carelessness, or indifference to duty. In re Margow’s Estate, 77 N.J. 316, 326 (1978); Connelly v. Weisfeld, 142 N.J. Eq. 406, 411 (E. & A. 194 [....]

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