High-asset divorces in New Jersey and elsewhere are sometimes not that different from more modest dissolutions in terms of the issues and challenges they present.They’re simply writ large. We note on our family law website at the proven Somerville Law Office of...
Month: December 2018
Are Opportunity Zones truly a good opportunity?
On paper, Qualified Opportunity Zones are a win-win. Investors capture capital gains by deferring the tax hit. Economically depressed areas receive a booster shot of capital. More wealth. More jobs. Everybody’s happy, right?But Opportunity Zone investments have...
Just wrong: bank’s “oppressive” conduct in foreclosure saga
Following is a quick rehash of one New Jersey homeowner’s depressingly sad tale relevant to bank conduct that blew up the normalcy in her life.The woman lived in a condo in North Bergen. After suffering some financial difficulties, she sought a loan modification...
NJSBA Young Lawyers Division’s Article About New Chair, Rajeh A. Saadeh
Attorney, Rajeh A. Saadeh, became the new chair of New Jersey State Bar Association's Young Lawyers Division (YLD) in October 2018. This article talks about his extensive background and what changes he would like to see in the YLD.Originally published in Dictum,...
Will New Jersey real estate derive benefit from Amazon’s NYC move?
Not everyone is a believer.But some are. And what they collectively project as being a likely outcome of Amazon’s recent decision to establish half of its so-called HQ2 to Long Island is this: a spillover effect that could have beneficial benefits for New...
New Jersey year-ending divorce planning: some key points
Here’s a quick refresher course on a big imminent change to family law in New Jersey and nationally, set to take effect from the advent of the upcoming New Year.That change is in the divorce realm, pursuant to a major adjustment crafted in the federal Tax Cuts...
What happens to the house in divorce?
For some couples, the marital home is their biggest asset. In divorce proceedings, the house can be a bargaining chip or a stumbling block.How does residential real estate fit into equitable distribution? Does it matter if one spouse moves out? What do most divorcing...
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