Attorney and Accountant Discuss Pros and Cons of Alimony Buy-Out
Online PR News – 03-July-2014 – Livingston, New Jersey – Livingston, NJ –Michael H. Karu, CPA/CFF/CGMA, Past-Managing Member, Levine, Jacobs & Company, L.L.C., http://www.ljcpa.com/, and Jonathan H. Blonstein, Esq., Weinstein Lindemann & Weinstein, A Professional Corporation http://www.familylawnj.com/, co-authored an article for New Jersey Law Journal.
The article, “The Alimony Buy-Out: Is It Right For Your Client?” discusses the benefits and pitfalls of this type of alimony arrangement. The authors state, “As advisors, we are faced with a dilemma. We need to effectively manage client expectations by explaining every detail. At the same time, we need to make them understand that things can and will happen that are outside of everyone’s control, especially ours.” To illustrate their points, they use humorous made up cases studies to portray an issue and then supply a recommended solution.
Jonathan H. Blonstein joined Weinstein Lindemann & Weinstein, A Professional Corporation in September of 2010. He has devoted his practice exclusively to the areas of family law and matrimonial law. Mr. Blonstein handles a variety of family law issues, including divorce, alimony, child support, custody and equitable distribution.
He is as a member of the American Bar Association, New Jersey State Bar Association, New Jersey State Bar Associations Young Lawyer's and the Essex and Union County Bar Associations. Mr. Blonstein is also a member of the Northern New Jersey Family Law Inns of Court. Mr. Blonstein successfully completed the beginners and advanced sessions of The Institute for Training Family Law Associates offered by the American Academy of Matrimonial Lawyers.
Michael H. Karu is qualified by the Superior Court of New Jersey, Family Part as an expert witness and as an authority on business valuations, specifically for closely held or family-owned businesses. In addition, he is a Certified Divorce Mediator. Mr. Karu received his B.S. degree in Business Administration from The Ohio State University.
He holds professional memberships in the American Institute of Certified Public Accountants, the AICPA Tax Division and the AICPA Business Valuation, Forensics and Litigation Services Section. He is a member of the New Jersey Society of Certified Public Accountants where he has been active in the Litigation Services Committee, Business Valuation Sub-Committee, State Healthcare Committee, Committee for Non-Profit Organizations, and the Committee for Young CPAs.
Levine, Jacobs provides a unique combination of twenty-first century accounting, business consulting and financial planning services to a diverse list of individuals located primarily in New Jersey, New York and Pennsylvania.
The firm prides itself on its teamwork abilities where “every account receives the talent and expertise of the whole firm.” Levine, Jacobs & Company, L.L.C. maintains memberships in the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants.