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MCCC Blog

Click Here to submit an article for our blog. 
Note: The views and opinions expressed here are those of the authors and do not necessarily reflect the position of the Morris County Chamber of Commerce.

Your Lifestyle is About How You Achieve Your Goals

10/21/2021

 
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By John Allen Mollenhauer "JAM", Performance Lifestyle Coach
Here at Lifestyle Coach—Live a Better Life—we have a simple insight that guides everything we do: Your Lifestyle is primarily about How You Achieve Your Goals. Nobody wakes up to be balanced and healthy; they wake up to succeed in their life—family, career, business, maybe an added sport, or creative pursuit. But most people know, especially those who have burned out at least once and traded their health and wellbeing for success, that how you achieve your goals is everything if you want to sustain your success and arguably, be genuinely successful. ​​

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No Mutual Mystification

10/21/2021

 
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By Cal Thomas, Sandler Training
It’s time for a 21st-century reality check: We all live (and sell) in a ridiculously fast-paced environment. We all have more platforms, more information, more commitments, more conversations, and more priorities to address than we can comfortably handle. That’s kind of our defining trait these days: data overload and compressed timelines. As a result, we are sometimes spread too thin, which means we are prone to miss things, perhaps important things, that are going on in someone else’s world. 

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Graying Marriage and Divorce – Part 6: Divorce after 60

10/21/2021

 
By Deirdre R. Wheatley-Liss, LL.M, CELA, Porzio Bromberg & Newman P.C.
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There are times that married people are on a journey together, and then they find they no longer wish to be on the journey together, ultimately choosing to divorce. Consider the Long-Term Care Implications of Divorce When a person is living alone, in the event they become either physically or mentally ill, they are faced with the question of how they are going to get the care they need. Without a spouse or domestic partner, there’s no one “built in” to help care for them. I advise my clients – especially those considering divorce in later years – to consider this carefully and to look at how this will affect their financial security. 

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Life Transitions: Finding Your "What's Next"

10/7/2021

 
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By Margaret Nelson, Member, Impact 100 Garden State

I’m always reading about people who left soulless corporate jobs with fancy titles to open a bakery or run a triathlon or become a watercolor artist or whatever. They tell mostly the same story: Do what you’re passionate about and the money will follow. The truth is, leaving an established career to pursue a passion is hard for many reasons and most people never do it. Not long ago, I found myself at a crossroads in my professional life.​

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Have We Gone Back to the 90’s with a War for Talent?  Strategies to Combat the Great Resignation

10/7/2021

 
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By Laura Crothers, President, Crothers Consulting
Recent conversations are taking me right back to the 90’s war for talent.  Here are just a few of the comments I’ve heard from leaders I’ve been speaking to the last few weeks: “My son just graduated with a BS. He was made an offer and before he even started the company increased his base by 30% (had not yet worked one day on first job)!” “My friend (a five-year CPA) was asked how much do you make? Then they offered double – hard to say no to that much money.” 

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Graying Marriage and Divorce – Part 5: Estate Planning

10/7/2021

 
By Deirdre R. Wheatley-Liss, LL.M (Taxation), CELA, Porzio Bromberg & Newman P.C.

For many couples who marry later in life, it makes sense to very carefully separate the assets each had before the marriage (each keeping those as their own) while also providing a way for them to share some assets going forward. With this type of approach, each spouse waves the elective share (see “Graying Marriage and Divorce – Part 2: Creating a Prenuptial Agreement” for a discussion of the concept of “elective share”) in an arrangement I sometimes call: Yours is yours. Mine is mine. Ours is ours.​


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Graying Marriage and Divorce – Part 4: Divorcing to Protect from Medical Expenses

10/7/2021

 
By Deirdre R. Wheatley-Liss, LL.M, CELA, Porzio Bromberg & Newman P.C.

​
Medicaid is governed by federal law. Marriage and divorce are governed by state law. When a married individual seeks to qualify for Medicaid in New Jersey, the couple’s house is an exempt asset. The person looking to qualify for Medicaid cannot have more than $2,000 of assets. The spouse cannot have more than approximately $125,000 in assets. In New Jersey, retirement plans are not excluded from that calculation. You can be forced to spend down your entire retirement security to get down to that magic $125,000 number. I am often asked if one can get around these limitations by transferring assets – between spouses or to children or others. Under Medicaid rules, you can’t qualify for Medicaid if you have given away any money within five years of applying for it.​

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Graying Marriage and Divorce – Part 3: Your Duty to Provide Care

10/7/2021

 
By Deirdre R. Wheatley-Liss, LL.M, CELA, Porzio Bromberg & Newman P.C.

In a previous post in this series, I said an individual, legally, cannot leave their spouse disinherited (except with the spouse’s uncoerced consent). In addition, a spouse has a duty to provide care and to pay for that care. If you are married to someone and that person becomes ill – and even if you have the world’s most robust and thorough prenuptial agreement, and you have kept your premarital assets separate from your marital assets – in New Jersey, you have an obligation to support your spouse. This obligation includes paying for any health care or long-term care that they may need.​


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Cannabis Businesses and New Jersey Real Estate: The Landlord's Perspective - Part Three

10/7/2021

 
By Carmen Andrade, Principal, Porzio Bromberg & Newman P.C.

​
With the Cannabis industry booming, commercial real estate owners and landlords are challenged with keeping up with best practices, laws, and regulations related to leasing space to cannabis businesses. The article below is the third article of our three-part series intended to help landlords navigate this evolving landscape. As with any business interest, the Porzio team strongly encourages seeking the advice of counsel prior to making any representations or entering into any agreements. ​

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Cannabis Businesses and New Jersey Real Estate: The Landlord's Perspective - Part Two

10/7/2021

 
By Carmen Andrade, Principal, Porzio Bromberg & Newman P.C.

With the Cannabis industry booming, commercial real estate owners and landlords are challenged with keeping up with best practices, laws, and regulations related to leasing space to cannabis businesses. The article below is the second article of our three-part series intended to help landlords navigate this evolving landscape. As with any business interest, the Porzio team strongly encourages seeking the advice of counsel prior to making any representations or entering into any agreements. ​


Read More

Cannabis Businesses and New Jersey Real Estate: The Landlord's Perspective - Part One

10/7/2021

 
By Carmen Andrade, Principal, Porzio Bromberg & Newman P.C.

​With the Cannabis industry booming, commercial real estate owners and landlords are challenged with keeping up with best practices, laws, and regulations related to leasing space to cannabis businesses. The article below is the first in a series of three articles intended to help landlords navigate this evolving landscape. As with any business interest, the Porzio team strongly encourages seeking the advice of counsel prior to making any representations or entering into any agreements.

Read More

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  • About
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    • What Members Are Saying >
      • Share a Testimonial
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    • Forums & Committees >
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        • Not For Profit Conference Scholarship App
      • Tech Talk Forum
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    • Staff Forms - Internal Use Only
  • Membership
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    • Retail Restaurant Membership
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      • Professional Development & Education
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    • Mobile App
    • Member to Member Deals
    • Healthcare Solutions
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    • Connect to Morris Job Bank
    • Grand Opening Support
  • Events
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    • Submit an Event Idea
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    • News Around the Chamber >
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