When people are developing an estate plan in New Jersey, they typically put a lot of focus on how their money, properties and other significant assets are distributed. Because of their financial value, many people assume that these are the things that loved ones will...
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Year: 2013
Are these 4 critical documents included in your estate plan?
Approaching estate planning can be very difficult for many people across New Jersey. Making plans for the end of your life is something that people may not want to even think about, let alone put down in writing. However, as uncomfortable as it may be to go through...
How distance can play a role in a New Jersey estate plan
These days, people are much more mobile than they were just a generation ago. People move all across the state, country and world for new jobs, relationships and recreation. When a child or family member is one of the people moving around a lot, it can be difficult to...
New Jersey powers of attorney: Choosing a decision maker
During a person's lifetime, one of the most important estate planning documents is the power of attorney. These documents will ensure that a person's financial affairs are taken care of if that person becomes incapacitated. New Jersey Powers of attorney can be as...
New Jersey probate: Spouses don’t always get everything
When it comes to the distribution of assets after a spouse's death, things can get complicated. The surviving spouse doesn't always get everything in a probate. Who gets what in a probate depends on several things, the least of which is whether or not the deceased...
Financial planning for special needs trusts in New Jersey
New Jersey residents that have dedicated their lives to taking care of a family member with special needs often make provisions for those loved ones in their estate plans. Making the decision to create special needs trusts is the easy part of the decision. The part...
Emotions can drive New Jersey estate planning
As some people grow older, they also grow to be more isolated. Family that used to keep in touch can often begin to fade away as a person ages. This can cause many older New Jersey residents to review and update their estate planning documents. There are times when...
New Jersey probate not as dreadful as it is made out to be
Having an estate plan is absolutely essential for anyone in New Jersey that wants to make sure that his or her assets are distributed to the people and in the manner that he or she wants. One of the selling points for estate planning is the goal of keeping a family...
Distribution of assets can go awry even with a New Jersey will
Many people in New Jersey are under the impression that when they change their will, their assets will go to whoever is designated in the will. However, there are many assets that aren't governed by the will. If the beneficiaries of those assets aren't changed as...
New Jersey estate planning can help to carry out your wishes
As the old saying goes, "You can't take it with you!" That may be true, but New Jersey law does allow people to determine who will get their property when they pass away. Estate planning is essential in order to ensure that a person's wishes are carried out. If there...