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Monthly Archives: April 2019

How to Leave Assets to Minor Children

Many parents want to make sure their kids are provided for in the event that something happens to them – particularly if something were to happen to them while their children are still minors. Others, such as grandparents, aunts, uncles, etc., often want to leave gifts behind for minor children, as well. Sadly, these good intentions do not always have the intended results. It is …

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In the News: Is Student Loan Debt Preventing Young People from Buying Homes?

Experts are taking notice of the decrease in home ownership amongst the 24-32 year age range. According to a Federal Reserve study, the percentage of homeowners in this age group dropped from 45% to 36% from 2005 to 2014 with 20% of the decrease likely a direct result of escalating and pervasive student loan debt.

Young people at the age to start looking to buy …

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How is Child Support Determined?

The federal government mandates child support guidelines to be used by the states throughout the nation in order to establish consistency and predictability, but particular guidelines still vary by state.

When Determining Child Support the Court will Consider a Number of Factors:

  • Income
  • Eligible Deductions (if applicable)
  • Childcare Expenses
  • Healthcare Expenses
  • Other Expenses (if applicable)
  • Shared Custody/Visitation

Most of the guidelines for determining child support

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In the News: NJ has the Highest Foreclosure Rate in the Nation

In the News: Did you know that New Jersey has claimed the infamous honor of being the leader of the nation in foreclosures more than once in recent years? Some say it was largely because foreclosures in New Jersey take longer to play out and they point to signs that the situation in the state are improving.

The New Jersey Foreclosure Situation:

  • Close to 70,000
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In the News: $21M Lawsuit Filed in New York Alleging Illegal Renting of Apartments Through Airbnb

In the News: Did you know that the city of New York is suing a real estate brokerage firm, Metropolitan Property Group? Apparently, the group was running an illegal network of Airbnb rentals including 130 apartments in 35 different Manhattan buildings. 13,691 Airbnb rentals were facilitated by the brokerage that housed 75,000 guests and brought in close to $21 million from 2015 through 2018.

The …

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In the News: Wells Fargo Faces Lawsuits After Software Glitch Denies Loan Modifications to Qualified Borrowers

In the News: The Wells Fargo case is not going well for the financial giant. The battle rages as the bank continues to face claims and lawsuits. A recent suit was filed in New Jersey by two borrowers who both lost their homes after Wells Fargo denied their loan modification applications. Both were actually qualified for loan modification approval and the denial was issued in …

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What is the Difference Between a Misdemeanor and a Felony?

Crimes in the United States are divided into a variety of categories that indicate the level of seriousness associated with the charge or crime: infractions, misdemeanors, and felonies. These categories almost always determine the amount of jail time possible as a consequence of a conviction. If you are facing charges, it’s important to know the difference. 

What is an Infraction? The least serious type …

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When Does a Construction Site Accident Require an Attorney?

Have you been in an accident at a construction site? If you have, you’ve probably already run into a number of different medical and financial issues. During all the chaos that typically follows a construction site accident, you may wonder if you need to hire an attorney. If the question occurs, the answer is probably yes. Consider all the factors when you are deciding whether …

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Stop “Gray Divorce” from Disrupting Your Retirement

There is a lot of discussion about how much divorce hurts, but it doesn’t just hurt on an emotional level. The damage can be seen in the financial fallout as well. The financial fallout of divorce can be even more significant when divorcing later in life. Many who are experiencing late-life divorce may see their carefully laid retirement plans start to unravel.

Late-life divorce …

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In the News: Class Certification Granted in Walmart FCRA Class Action Lawsuit

In the News: The uptick in FCRA class actions has many following high-profile cases in the news: the Stanford class action filed in October 2018, the PetCo class settlement in November 2018, the Delta Airlines proposed settlement in January 2019 and the largest FCRA class action in recent news, the Walmart FCRA class action.

In January 2019, Walmart suffered a massive defeat in federal district …

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