Changing the executor of your will is a major decision that can arise for various reasons. Many people worry that this change might impact the validity of their will. However, modifying your will to appoint a new executor should not affect its validity when done...
One of the great things about building wealth is that you can use it to support the people and causes that are most important to you. While you can gift money during your lifetime by relying upon the IRS’s gift tax exemptions, this is a somewhat limited option. A...
Estate planning involves creating a plan for managing and distributing your assets after death. One crucial part of this process is choosing an executor. The executor's role is to fulfill your wishes as outlined in your will, manage your estate, and ensure your...
For most people in New Jersey who are interested in getting their estate plan together, the main goals are to protect their assets and make things as easy as possible for their family members, heirs and beneficiaries. However, in order to accomplish those goals, many...
Most New Jersey residents know they should have an estate plan, but a significant number of people of all ages still do not take this crucial step. While it is difficult to think about the inevitable in this way, there are great benefits to having a will. Once a...
For an estate plan to be legally valid, the testator, meaning the individual creating the estate plan and leaving assets to named beneficiaries, must possess sufficient testamentary capacity. This means they must understand the nature and extent of their assets, to...
When New Jersey residents think of real estate sales, they might think of a person buying a home through an agent. Once they pick out their home with the agent’s help, they finance their purchase through a bank or other lending business. However, this is not always...
To create a legally valid estate plan, the testator, meaning the person who created the estate plan, must possess the appropriate mental capacity at the time that the estate plan’s documents’ execution. This can become a contested issue when the testator suffers from...
Owning a business is rife with potential legal pitfalls. One such area where business owners can find themselves caught up in litigation is employment law. In New Jersey, employers face a complex array of state-specific employment laws alongside federal regulations....
Choosing a structure for your business is one of the first steps you will need to take as a new business owner. The structure of your business will affect how your business will be managed, the documentation needed for formation, your personal liability for business...