|Q. I was involved in an accident, and am soon to be involved in a lawsuit. My father says I should only work with a “Certified Civil Trial Attorney.” What is that, and why is it important?|
| ||A. Sometimes it’s true: “Father Knows Best.” In the state of New Jersey, there are currently over 60,000 active lawyers, but only about 1,500 of them - less than 3% - are certified by the Supreme Court of New Jersey as a “Certified Civil Trial Attorney.” This is a designation granted by the NJ Supreme Court to attorneys who demonstrate sufficient levels of experience, education, knowledge, and skill in civil trial practice.|
| ||Finding the right attorney for your case is to your benefit and to the attorney’s as well.|
|If you live in NJ, and have a sizeable estate (say, a few million dollars), 2012 is the opportune – and last – year to help your estate avoid paying – upon your demise – a substantial portion (if not all) of the NJ Estate Tax.|
The reasons for this are very technical, but well worth knowing, as they can end up keeping significant dollars in your heir’s pockets, as opposed to the state’s treasury.
|Read Our Overview|
|Although that may sound painful, piercing the corporate veil is often the last resort of a plaintiff in a lawsuit, to receive, for example, payment for goods or services provided.|
A major advantage of incorporating a business is liability protection. Forming a corporation, LLC or similar entity creates what is called a corporate veil, a formal division between the entity and the personal assets of the shareholders of the corporation. If challenged in a lawsuit, IRS audit or other action, the veil of liability protection may be pierced and the shareholders may be held liable for the debts and/or liabilities of the corporation if it is found that the corporation did not follow proper corporate formalities.
|Our goal with “The Fein Print” is to provide our clients and friends with relevant news for their legal needs, and provide links and access to the trove of resources on our website. And, of course, we are always accessible for consultation via phone and email.|
Have a question, or an area of interest you’d like to see explored? Just shoot us an email and watch for our response!
|Planning for your social media accounts when you die.|
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We are a general practice law firm offering innovative solutions to personal and business legal issues in New Jersey and New York for more than 35 years.
|From our offices in Parsippany and Toms River, we advocate for our clients in every county in New Jersey. Please visit our website to learn more.|
|7 Century Drive Suite 201|
Parsippany, NJ 07054
|833 Route 37 West, Suite B|
Toms River, NJ 08755
|ATTORNEY ADVERTISING - The information contained in this site may be considered attorney advertising under the rules of some jurisdictions. Furthermore, any cases or results described on this website do not guarantee a similar outcome.|
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