When it comes to safeguarding our assets and planning for the future, we often explore straightforward options for transferring property to our loved ones. Adding a child’s name to the house deed may seem like a convenient way to ensure your property goes to the right people, but it’s important to recognize the potential consequences.Continue reading “Rethinking Adding Your Child’s Name to Your House Deed”
Estate planning involves making important decisions about the management and distribution of your assets and affairs after your passing. One essential component of estate planning in New Jersey is the establishment of a power of attorney (POA). This legal document grants an individual the authority to make financial, legal, and healthcare decisions on behalf of theContinue reading “The Significance of Power of Attorney in Estate Planning in New Jersey”
Contesting a will can be a complicated and emotional process, especially if you suspect that it was created under undue influence. Undue influence occurs when one person uses their power or authority to manipulate another person’s decision-making abilities. In New Jersey, it is essential to understand what constitutes undue influence and how it can be used asContinue reading “What Constitutes Undue Influence in New Jersey?”
Managing Partner’s Message As the New Year is upon us, I would like to take a moment to express my gratitude to all our clients and the attorneys and staff I am pleased and honored to work with every day. Thankful for Our Clients’ Trust Our clients are the reason why we come to workContinue reading “Wishing You a Warm Holiday Season and a Happy New Year!”
When you have worked hard to build assets and wealth, you will want to make sure you know what will become of everything you’ve worked for when you pass away. You will need a solid estate plan to ensure that your assets are distributed according to your wishes following your death. Working with an estate planning attorneyContinue reading “7 Big Reasons You Should Hire an Estate Planning Lawyer”
Due to injury or a medical condition, a person may be physically unable to sign a last will and testament despite having full testamentary capacity. What steps can a physically disabled person and their family take to allow that person to have a valid last will and testament when that person cannot physically sign their will? WhatContinue reading “What Happens if Someone Cannot Physically Sign a Will?”
There are many legal options and structures that a person can take advantage of during the estate planning process. One example of a little-known estate planning structure is the disclaimer trust. Disclaimer trusts can help a family minimize estate and inheritance taxes. Estate and Inheritance Taxes An estate tax is a tax levied on the assets ofContinue reading “What is a Disclaimer Trust?”
If you decide to prepare an estate plan, it is critical that you work with an estate planning attorney to ensure that your plan is enforceable and is targeted to fulfilling your goals and wishes for the disposition of your assets. Documents Included in Estate Plans Documents that are frequently included in estate plans include: How anContinue reading “How an Estate Planning Attorney Can Help”
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