Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Sunday, November 24, 2013

New Jersey Court Does Not Rule on the Forced Sale of a Home to Pay Penalty

GavelIn New Jersey the U.S. District Court lowered the trust fund penalties assessed against a person in the United States v. Gary S. Cardaci et. al. case. Additionally, the court awarded a default judgment against two companies. However, the court refused to make a ruling the forced sale of the home that the individual owned with his spouse to pay the penalties assessed against him.

See Elizabeth I. Liu, Court Stops Short of Forcing Sale of Home to Collect Trust Fund Penalties, Wealth Strategies, Nov. 3, 2013.

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.


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