The Legal Requirements for the Removal of a Trustee
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 [....]
Bad Faith: What Is It?
Bad faith is a term used in various areas of the law. It is the standard for one litigant pointing their finger at their adversary and saying “you are not dealing with the issue fairly.”
The term “bad faith” does not simply pertain to bad judgment or negligence. Rather, it implies the conscious doing of a wrong because of dishonest purpose or moral obliquity. “B [....]
What is a Seller Concession?
A seller concession is given when the seller agrees to pay for a portion of the buyer’s closing costs or the entire amount of the buyer’s closing costs at the time of the sale. A seller concession is typically negotiated between the real estate agents at the time the contract is signed or through the parties’ attorneys while the transaction is ongoing.
In addition to t [....]
What is an Early Settlement Panel?
Divorces take on many different shapes and sizes, and range in legal issues and personality types. Each divorce is unique, but even the most unique divorces still have room for resolution, and do not require a trial. If you have ever experienced a family law dispute through the county family courts, then you have probably heard a judge or two state that it is in the spouses’ [....]