The New Jersey Business Network (NJBN) is comprised of carefully screened and selected companies, represented by individual owners, partners, salespeople and associates who are experienced leaders in their fields. NJBN members provide a wide range of products, services and expertise to other NJBN members, their clients and business associates. We hope that if you represent…
What is a Spousal Lifetime Access Trust (SLAT)? By Kimberly A. Paton, Esq. A SLAT is a type of Irrevocable Trust that can help save Federal Estate Taxes after both spouses die. The very generous current Tax exemption (approximately $12 million per spouse) is scheduled to sunset December 31, 2026. Therefore, more people need to…
Is a Name Change Required? By Kimberly A. Paton, Esq. Oftentimes, people think that a person officially changes their name to get a “fresh start”, such as after a marriage with a traditional name change or a couple forming a new, combined name; reverting to a maiden name after a divorce; because of a bad…
Coming from our member, Tina Lyding of Voicecom Plus, residents of multiple states, including New York and New Jersey, will soon be required to dial all 10 digits to make local calls within their areas code. Many people already have to use 10-digit dialing because of area code “Overlays.” An ‘Overlay’ is a region where more…