Mountain Lakes Living Magazine, July 2017 College students are home for the summer and Fourth of July is right around the corner. Your young adult children will be going to summer parties, where beer and creative, liquor-infused drinks will likely be on the menu. This could present you, their parents, […]
On Friday, June 9, 2017, the Internal Revenue Service issued Revenue Procedure 2017-34, which permits certain estates to make a late portability election if they previously failed to make a timely election. In its simplest form, if a deceased spouse has not fully utilized his or her Federal Estate Tax […]
New Jersey employers may soon be facing restrictions on inquiries regarding previous salary history for job applicants, similar to those recently passed in New York City. On June 1, 2017, New Jersey moved one step closer to enacting legislation, when the New Jersey Senate Labor Committee recommended by a 4-1 […]
The New Jersey Legislature enacted a statute on January 19, 2016, effective February 1, 2017 (i.e. N.J.S.A. 2A:17-56.67), which terminates one’s obligation to pay child support upon a child’s emancipation, without the necessity of obtaining a court order. However, there is still no bright-line rule to defining emancipation. Prior to […]
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