TestQ. My aunt has me in her will to receive her company stocks. She has accumulated them over her work career since the 1950s. If the value is $200,000 upon her death, what would I have to pay in taxes? Einhorn Barbarito Partner, Gary R. Botwinick answers: “What you’d have […]
New Jersey Supreme Court Reverses Itself and Ushers Child Relocation Law into the 21st Century The New Jersey Supreme Court issued a landmark child-relocation decision today that reversed nearly two decades of its jurisprudence. The decision, Bisbing v. Bisbing, Docket No. A-2-16 (2017), requires divorced parents who seek to relocate from New Jersey with children […]
Q. I’m expecting an inheritance of about $100,000 from an uncle who lives in Pennsylvania. I know New Jersey has an inheritance tax. Do I have to worry about that? It will be $50,000 from life insurance and about $50,000 from bank accounts. A. It’s all about where the person […]
“There is no right time to divorce and no right age for your children. As a divorce lawyer for 37 years, I’ve always believed that a child (of any age) will handle divorce as well as the parents. The parents set the tone, and that determines how the child handles […]