Estate planning can be about more than just leaving certain assets to beneficiaries. Medicaid planning is an important part of planning for the future of many people, and yet it’s often not seriously considered. For instance, taking advantage of certain Medicaid...
At times, family members may believe that a will does not accurately reflect the wishes of their loved one. Family members who find themselves in this situation need to be aware of the situations in which it may be possible to challenge, or contest, a will. When can a...
Families in New Jersey come in all shapes and sizes. Sometimes after the death of a spouse or a divorce a person remarries creating an entirely new family dynamic, especially if they have adult children from their prior union. While stepchildren and stepparents can...
As you begin the estate planning process, you may want to consider including a revocable living trust in your estate plan. A revocable living trust is one of many tools you can use to distribute your assets among your beneficiaries. There are generally three parties...
A will is an essential part of any estate plan, as it specifies how your property will be distributed after you pass away. Passing intestate, or without a valid will, can lead to many issues for the decedent’s surviving family members. Laws pursuant to will writing...
New Jersey residents likely understand how important it is to have an estate plan in place. Despite the important role in serves, many will postpone drafting these documents because they do not want to think about his or her own death or a situation where they are...
Power of attorney is one of the most important estate planning documents a person can create. A POA is a legal document that grants authority to an individual to make financial and potentially medical decisions for another person upon incapacitation. For those wishing...
Just about everyone is looking to save money one way or another. Unfortunately, for many people estate planning falls pretty low on the totem pole of priorities, so they often skip out on seeking assistance from a skilled estate planning attorney. Some people choose...
Estate planning can get complicated fast because there are so many options, and because there are so many options, appropriate estate planning is highly individualized. After all, everyone has different wants, needs and income levels. This is why one-size-fits-all...
When it comes to estate planning, people sometimes get confused about what will get taxed and how it will affect their estate once they are gone. No matter how well-intentioned you are about bequests, not considering all tax angles beforehand can lead to a smaller...
