By: Jonathan W. Wolfe This article was previously published in New Jersey Law Journal, Vol. 212 – No 12. There are many legitimate reasons for a business to retain earnings. However, for a spouse in a divorce — or contemplating divorce — leaving money in the business may be viewed as a tool to shield… Read more »
Category: Insights
Jersey City Authorizes Reverse/Increase Cases Against Commercial Property Owners – Call the Jersey City, NJ Property Tax Appeal Attorney
Jersey City is following the lead of other NJ municipalities and has authorized reverse/increase cases against commercial property owners. What does that mean? Even if you haven’t filed a property tax appeal, the City may initiate an appeal to increase your assessment and your real estate taxes. These filings represent a significant change in the… Read more »
How Family Trust Funds May Impact Your Divorce Case in NJ and Other States
By: Jonathan W. Wolfe Published in Family Advocate, Vol. 38, No. 2, (Fall 2015) p. 14-20. © 2015 by the American Bar Association. Matrimonial attorneys who handle high-asset cases are confronted with a variety of complex legal and factual questions when either their client or the client’s spouse is a beneficiary of a trust. When… Read more »
Getting Started with the Divorce: What You Need to Be Prepared, According to Experienced New Jersey Divorce Attorneys
By: Richard F. Iglar You have come to a decision which you may have been dreading, or which may make you feel relieved. You are taking the first step toward a decision which will allow you to take control of the direction of your future life. You are going to start interviewing experienced New Jersey… Read more »
How can property tax savings help NYC hotel operators stay competitive? David Wolfe provides answers about hotel property tax.
When it comes to calculating property taxes on hotels, few taxing jurisdictions fairly distinguish the taxable value of the real estate from FF&E and good will. Consequently, hotels can be paying significantly more in hotel property tax than what is fair. Appearing on a panel at the BISNOW Hospitality Investment, Development & Management Summit in… Read more »