March 19, 2024 | New Jersey Law Journal
Proceed With Caution: Shifting Beneficial Interests in a Trust May Trigger Gifts"The good news is that the CCA was limited to a discreet issue involving a specific trust," writes Daniela P. Catrocho of Day Pitney. The bad news is that "the CCA could theoretically apply to other scenarios."
By Daniela P. Catrocho
8 minute read
March 19, 2024 | New Jersey Law Journal
Crisis Management: Safeguards to Protect Against Financial Elder FraudA new New Jersey bill "potentially changes the financial institution's right to release financial records from a permissive right to a mandatory obligation," writes Elizabeth Manzo of Lindabury, McCormick, Estabrook & Cooper.
By Elizabeth Manzo
8 minute read
March 19, 2024 | New Jersey Law Journal
Take 10 Minutes to Think About These Estate Planning Essentials"It is crucial that people understand that their estate planning documents, just like their health, vehicles, homes and investments, warrant review and revisions throughout various stages of life," writes Mary Joan S. Kennedy of Saiber.
By Mary Joan S. Kennedy
9 minute read
March 19, 2024 | New Jersey Law Journal
Can Digital Engagement Products and Predictive Data Analytics Align With Fiduciary Duties?"In addition to the financial service industry and the investor, the legal community will need to consider the utilization of new methodologies," writes Frank C. Mindicino of Practice Growth Partners.
By Frank C. Mindicino
6 minute read
March 19, 2024 | New Jersey Law Journal
Wills, Prenups and Divorce: Unpacking Spousal Estate Claims After Death"Attorneys who practice either family law or estates law will eventually have clients who need to know how their estate plans are affected by divorce, and vice versa," according to Bari Weinberger of Weinberger Divorce & Family Law Group.
By Bari Weinberger
9 minute read
March 19, 2024 | New Jersey Law Journal
SECURE Act 2.0 Expands Stretch Distributions on Retirement Accounts for Special Needs Trusts"With the rising rate of families with a member who has special needs, the need for special needs financial planning is becoming increasingly important," writes Julie L. Cross of Schenck, Price, Smith & King.
By Julie L. Cross
7 minute read
March 19, 2024 | New Jersey Law Journal
Your Child Just Turned 18: Do They Have a Durable Power of Attorney and Medical Directive?"Oftentimes, these documents can be overlooked when thinking about sending your 18-year-old off to college or for your recent college graduate," writes Rita M. Danylchuk of Gibbons.
By Rita M. Danylchuk
7 minute read
March 19, 2024 | New Jersey Law Journal
What You Need to Know About the Corporate Transparency Act"While the goal of the Corporate Transparency Act is an important one, the Act introduces major hurdles from an estate planning perspective," according to Dena B. Guttmann, an associate with CSG Law.
By Dena B. Guttmann
8 minute read
March 18, 2024 | The Recorder
Antitrust Regulators Must Protect Fantasy Sports Competition"While the FTC prevented a FanDuel and DraftKings from merging to monopoly, these two companies now appear to be behaving as an anti-competitive duopoly," according to Salil K. Mehra, the Charles Klein Professor of Law and Government at the Temple University Beasley School of Law.
By Salil K. Mehra
6 minute read
March 18, 2024 | New Jersey Law Journal
Bar Report — March 18, 2024The NJSBA's weekly report.
By New Jersey State Bar Association
12 minute read
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