Gift tax is a tax the government imposes on gifts of money or property made from one person to another. The federal government and many states impose it, but New Jersey is one of the few states that does not impose a gift tax. Federal gift taxes Federal gift taxes are...
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Four critical estate planning documents
Taking care of your loved ones after you're gone is possible with a plan for your New Jersey estate. You can leave behind money, property and other assets to your spouse, children or other family members through estate planning. But you'll need to fill out a few...
Common construction hazards in New Jersey
The New Jersey construction industry employs more than 160,000 people. The industry also had 16 job-related fatalities in 2020; the highest number of these were in New Jersey. Considering the work involved, it’s no surprise that construction sites are often dangerous....
Why you need employer’s liability insurance
Usually, employers in New Jersey purchase employers' liability insurance along with their workers' compensation insurance. If you are an employer, there are several scenarios in which you may be thankful to have this additional coverage. Third-party lawsuits Sometimes...
Five life-altering injuries from car accidents
Driving a car down New Jersey roads can be an enjoyable, relaxing, and efficient way to get from point A to point B. However, when car accidents strike, that enjoyable ride can become a traumatic experience that permanently impacts a person's quality of life. Although...
Get medical attention soon when you’re in an auto accident
You might get injured in an auto accident in New Jersey. Ensuring that you know about the signs of serious injuries after an accident can help you or a loved one identify a possible injury so that you can get treatment. Top types of injuries from auto accidents...
Taking care of your spine after a slip and fall in New Jersey
The spine is an incredibly intricate part of the skeletal system, making it particularly vulnerable to damage when you experience an injury. To compound the matter, many people in New Jersey have an even higher risk of suffering spinal problems due to medical...
2022 Estate planning changes you should know
2022 brought several changes to estate planning laws. New Jersey residents would learn how these changes affect their final wishes. Losing a loved one is challenging, and the added burden of asset allocation increases anxiety. Adjustments to gift taxes, estate...
Helpful estate planning tools for households
Estate planning is an essential process for New Jersey households to ensure their assets are distributed according to their wishes after they pass away. Several tools are available to help households plan their estates and protect their loved ones. Wills One of the...
The most frequent injuries at construction sites
Construction projects are frequent sights throughout New Jersey that indicate growth and prosperity for the state. People marvel at how quickly the process can move from a foundation to a finished building. Unfortunately, construction sites have dangers that can lead...