Can’t Locate the Will in NJ, Then What? Your lone surviving parent has passed away, and you have the painful duty of inventorying their belongings and looking for a will. Your loved one spoke to you about their intentions for their belongings after they passed, but did they leave a will, and what if you […]
Proactive estate planning after life changes like marriage is incredibly important, and failing to update a will after marriage can cause unintended complications. Making a will is one of those necessary tasks that most people do not like to think about, but once they do it, they feel better and assume that they do not […]
Proper estate planning, including healthcare directives and HIPAA authorizations, allows families to make critical decisions based on the individual’s wishes. Often, people avoid making plans for their estate and what could happen as they age because it can be unnerving. They don’t want to talk about becoming severely ill or dying. It is as if […]
Demystifying Inheritances Taxes in New Jersey to Plan for the Road Ahead If you’ve lost a loved one who lived in New Jersey, or you’ve inherited something from someone who owned property here, you might hear the term “inheritance tax.” Many people think inheritance tax and estate tax are the same, but in New Jersey, […]
People have been telling you that it’s important to create a will. But why, you may ask? Preparing to dispose of your assets after your death has many benefits—for you and for your loved ones. For example, it saves your family time and trouble because it streamlines the settlement of your estate. This means your […]
Incorporating your vacation home into your estate plan ensures it remains a cherished family haven, creating countless more joyful memories for generations to come. Your vacation home is filled with hundreds, if not thousands, of treasured memories. You have watched your children and or other young family members grow and explore, you have shared special […]
Promised Inheritance: What It Is, How It Works, and Why It Matters in New Jersey The stress and grief of losing a loved one are overwhelming and can be compounded when doubt arises regarding their estate. There are agreements that couples make to honor each other’s intentions to bequeath their estate in a certain manner. […]
How Your NJ Estate Plan Needs to Adapt to Retirement in New Jersey If you don’t properly plan your estate considering retirement, there is a chance that your retirement will not be as enjoyable as you may think. After working your entire life in hopes of one day enjoying your golden years, we all look […]
A Financial Power of Attorney is a Valuable Tool that Enables a Trusted Individual to Handle Your Financial Matters During Times Of Incapacity. However, What Happens When this Trust is Violated? A power of attorney is essential for those unable or unwilling to handle their financial, medical, or other affairs due to temporary or permanent […]
Learn About the Variety of Tasks, Considerations, and Restrictions When It Comes to Transferring Assets to Beneficiaries in New Jersey The Centers for Disease Control and Prevention (CDC) indicates the average life expectancy for men is 73.5 years. For women, that age is 79.3 years. This sounds like a very long life, which is why […]
