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What Is Fiduciary Liability Insurance Coverage?    

If you are a fiduciary for a business that offers benefits for its employees, you have a responsibility by law to serve the best interests of the employees you represent. That is a serious responsibility, no matter how large or small the business in question may be. Wherever there are employees who are provided benefits, …

What Are the Dangers of Pesticide Exposure?

Pesticides are widely used in both the commercial and consumer markets to address problems like insect infestations. However, the ingredients that make pesticides toxic to common pests make them toxic to humans, too. This means that humans who come into contact with pesticides may experience acute or chronic health problems. Many individuals have worked with …

How Do I Change My Will?

A will is the document that sets forth your wishes about how your assets should be distributed and how any minor children you have will be cared for if you pass away before they reach adulthood. It is an important estate-planning tool and a critical form of protection for your family and your property, but …

Can Borrowing Money from A Relative Get Me a Better Interest Rate?

Mortgage interest rates have been at historic lows the past few years, and this had led to unprecedented numbers of homes being bought and sold at incredibly high prices, especially in states like New Jersey. Borrowers who reach out to relatives can often get even lower interest rates, and there are companies that specialize in …

Should I Get Cyber Security Insurance for my Small Business?

Cyber criminals look for vulnerable targets and unlike big corporations, many small businesses do not have the resources to invest in advanced cyber security measures, putting small business at risk for cyberattacks. If your small business stores or processes any kind of sensitive customer information such as names, addresses, medical records, Social Security numbers, or …

Herold Law Report on Inflation Reduction Act of 2022 Tax Changes

Not the Same as President Biden’s Build Back Better Act Tax Changes Robert S. Schwartz, Esq. Inflation Reduction Act of 2022 Legislative Process On November 19, 2021, the House of Representatives passed the last version of three significant versions of H.R. 5376, President Biden’s Build Back Better Act (“BBB”). We wrote about the versions’ extensive, …

Cybersecurity Litigation and Insurance Coverage

Organizations of all kinds use systems to store the personal and financial information of third parties, and some have become the target of data breaches. From major infrastructures to small companies, the growing number of cyberattacks against all industries shows no signs of slowing down.  There has been a significant increase in governmental investigations into …

How To Decide who will Inherit the Family Home?

Deciding who will inherit the family home can be a difficult task. Besides the inherent value of the property that is involved, family members form emotional attachments to the places that they grew up and spent so much time in. The most common scenario used to be older parents living in houses by themselves and …

What is the Difference Between Homeowners Insurance and Renters Insurance?

One of the most obvious differences between homeowners insurance and renters insurance is the price, but there are a lot of other details to consider as well. In most cases, someone owning a home has a lot more at stake because they own the structure that is being lived in. Renters lease out space from …

How to Remove Someone as Power of Attorney?

A Power of Attorney (POA) is a key part of a solid estate plan. It is important to assign someone you trust as POA to make critical decisions on your behalf if you become incapacitated. While a POA is a legally binding document, it can also be revoked or changed if you desire. Continue reading …

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