Many people direct the disposition of their bank accounts, investments, retirement accounts and life insurance upon their death by designating beneficiaries of those assets. When an asset passes by beneficiary designation, otherwise called a pay-on-death provision, it becomes a non-probate asset and therefore passes outside of a person’s probate estate.…
On November 24, 2025, the U.S. Postal Service (“USPS”) finalized a rule regarding when and how postmarks are applied. See 39 C.F.R. § 111 (2025). It is important for taxpayers and their advisors to be aware of the change because it has an impact on proving that a document was…
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN’) has postponed the compliance date for its “Residential Real Estate Reporting Rule” to March 1, 2026. The rule is designed to increase transparency in the U.S. residential real estate market and to combat money laundering. Starting March 1, 2026,…
Many people contemplating divorce assume that to separate from their spouse they will need to participate in a courtroom trial. The thought of a “divorce trial” is often reinforced by television, social media, and stories passed down from prior generations. In reality this is no longer how divorce works in…
As a result of the 2025 tax legislation passed in July of last year, there has been a significant increase in the estate, gift, and generation-skipping transfer tax exemptions to $15 million effective January 1. The increase means that in 2026, an individual may make gifts during life or at…
When someone is considering divorce, misinformation often creates unnecessary fear. Social media, online forums, and well-meaning friends frequently repeat outdated or incorrect assumptions about how divorce works in New Jersey. The result is confusion, increased anxiety, and poor decision-making at a time when clarity matters most. Over the past several…
As tends to happen at the end of a Governor’s term in office, a bevy of bills were signed into law this month by outgoing Governor Phil Murphy. Among them were two that have the potential to change the landscape of employment law in New Jersey. Amendments to the NJ…
As we enter into 2026, a number of state, local, and federal employment law changes are taking effect which impact employer compliance and expand employee rights. These developments create new obligations that employers should be aware of as they review workplace postings, leave policies, hiring practices, scheduling procedures, and anti-discrimination…
New Jersey employers are reminded that the state minimum wage will increase again in 2026 in accordance with the New Jersey Minimum Wage Act, which requires the New Jersey Department of Labor and Workforce Development to set the statewide minimum wage each year based on any increase in the Consumer…
On December 26, 2025, the New Jersey Appellate Division determined that sexual harassment claims, if plausibly pled, could keep an entire employment lawsuit out of arbitration, including any non-sexual harassment claims asserted by a plaintiff. In the consolidated cases of McDermott v. Guaranteed Rate, Inc. and Rivera-Santana v. CJF Shipping,…