On August 8,2017, the NJ Supreme Court upended 16 years of law regarding the legal standard governing the request of a parent who seek to move out of state with a child or children. In the case of Bisbing v. Bisbing, the NJ Supreme Court held that a child’s best interest must be considered in all relocation applications where the parents share legal custody, regardless of the parenting time arrangements between the parties. Previously, the legal standard was whether the parent presented a good faith reason to move and whether the move would not be inimical (contrary) to the child’s interest. Now, all courts must look at whether the child’s best interest will be served by a parent moving out of state with that child.
IRS Attempts to Streamline Section 83(b) Tax Election
By Craig Panholzer and Michael L. Salad Earlier this month, the Internal Revenue Service (“IRS”) released Form 15620, which seeks to streamline elections made in