Blog

Father’s $900,000 Transfer to Son’s Business Not a Gift, Says NJ Appeals Court

Posted by May 14, 2016 , ,

In a published decision issued on May 13, 2016, the New Jersey Appellate Division affirmed a Bergen County Chancery judge's summary judgment ruling declaring that a $900,000 transfer made by a father to his son's business constituted an investment, not a gift. In the Matter of the Estate of Byung-Tae-Oh, Superior Court of New Jersey, Appellate Div ... Read More.

Tagged in: