Explore how divorce impacts family businesses, focusing on asset division, valuation methods, and legal insights.
Navigating Divorce in Family-Owned Businesses: Valuation and Legal Insights
Category: Insights
An Interesting Pair: Trusts and High-Asset Divorce
Skoloff & Wolfe, P.C. attorneys are regularly called upon to counsel high net worth clients concerning the treatment of trusts in divorce. Here’s what to look out for when navigating this portion of a divorce, and why it’s critical to speak with a legal professional.
New Jersey Office Buildings Need Protection from Unfair Property Tax Assessments
Office buildings are a frequent target for property tax assessors— especially if they’ve made recent upgrades to attract tenants. Learn more about how this is impacting those in the New Jersey office market and how property owners can stay protected.
Jersey City’s 32% Property Tax Increase: The Impact on Commercial Property Taxpayers
Jersey City’s recent 32% property tax increase is the most significant property tax hike levied in decades. Read on for the impact this will have on NJ commercial property taxpayers and how they can find relief.
Keeping NJ Life Sciences Property Taxes in Check
New Jersey is one of the nation’s leading hubs for life sciences companies, including pharmaceutical, biotech, and beyond. The COVID pandemic has only enhanced that status, favoring domestic pharmaceutical production over international production. That is only one of the effects of a recent boom of development in the life sciences, not only in the Princeton… Read more »
Skoloff & Wolfe, P.C. Helps NJ Congregation Appeal Property Tax Assessment
When a tax-exempt, New Jersey congregation that had worshipped together without a formal church building for many years recently was able to purchase a property from another religious group, there was much to rejoice. They had operated after-school programs and other services for their members, but the only thing they didn’t have was a building… Read more »
Welcome Stranger: Why You Need Commercial Property Tax Due Diligence Before Acquisition
In Township of West Milford v. Van Decker (120 N.J. 354 576 A.2d 881), the New Jersey Supreme Court ruled in favor of the defendants who it said were singled out for property tax reassessment after purchasing a new home in the municipality. Argued and won by the property tax attorneys at Skoloff & Wolfe,… Read more »
What Makes a Good NJ Divorce Mediator?
There are many qualities that contribute to a person being an effective divorce mediator. Above all is the capacity to listen and have compassion for both parties, and not lean to one side, but see both sides. Like a judge, a qualified divorce mediator is someone highly knowledgeable in New Jersey divorce and family law…. Read more »
Knowing When Divorce Mediation Is the Right Call
Mediation is a different path to divorce that few couples have considered or understand. Instead of having a Judge make binding decisions in a drawn-out litigation process, mediation allows both sides to discuss their issues and concerns, while hashing out an agreement that is more equitable to each person and to their children. That is… Read more »
Skoloff & Wolfe, P.C. says Farewell to our 2021 Summer Associate
At Skoloff & Wolfe, P.C., summer associates are a welcome addition to our firm because of their dedication and contribution to a complex variety of challenging projects. Our culture of collaboration, camaraderie, and excellence always attracts the best and brightest legal talent in New Jersey. This summer, the Skoloff & Wolfe, P.C. tax department was… Read more »