On Tuesday, July 12th, the U.S. Attorney’s Office announced that Kathleen Baker, a former office manager at Bathgate, Wegener & Wolf (a real-estate partnership in Lakewood) has admitted to embezzling $1.14 million over six years. Prosecutors say that Baker created a fictitious company (also known as a “straw man” company) called “Corporate Solutions,” and directed funds to a bank account under its name. The money was subsequently used to pay off her credit card bills and personal debts. Baker faces up to 20 years in prison. [Read more…] about NJ Fraud Case Highlights Importance of Internal Control
LITIGATION SUPPORT
Unreported Income Disclosed to IRS in Divorce Case
Patricia Spence V.S. Walter Guy Chalow
Patricia, the plaintiff, and Walter, the defendant, were divorced in January 1995, with two children. The PSA (property settlement agreement) incorporated into their final judgment a child support obligation upon the defendant of $150 week. The PSA noted that this amount was not “based on the child support guidelines because both parties are self-employed”(Walter was a contractor; Patricia, a “credit searcher”) their incomes fluctuate and cannot be precisely determined.” The court determined that the defendant’s annual income was $153,199 and set a child support obligation of $267 per week.
[Read more…] about Unreported Income Disclosed to IRS in Divorce Case
Clients with Diminished Capacity- Seminar
The Guardianship Association of NJ is presenting a seminar on June 14, 2011 on “Ethical Considerations and the Client with Diminished Capacity”. The seminar will cover:
- Three standards of Legal Capacity
- The roles of attorneys, care managers, physicians and other professionals
- Overview of the Code of Ethics for Social Workers, and Standards of Practice for Registered Guardians
Elder law attorneys, Shirley Whitenack and Sharon Rivenson Mark, will be presenting. I have worked with both of these top elder law attorneys for almost twenty years. Both Shirley Whitenack and Sharon Rivenson Mark are leaders in NJ in the field of guardianship law. For more details see Guardianship Seminar