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In terms of taxation, New Jersey may be an unfriendly state when it comes to planning for retirement. The state currently ranks in the bottom 10 states when compared to the tax system in other states. Planning for retirement requires careful calculation of taxes and...
There is frequent mention made as people age to consider what happens after they die. Estate planning can be an important consideration especially if there are assets that will need to be dispersed or cared for after one has passed on. One writer, however, has...
While many people may find the idea of planning for their untimely demise off putting, pre-planning can be very beneficial. Creating wills can better ensure that a person's wishes are carried out after their death, especially when it comes to the distribution of...
Estate planning can help avoid future mishaps down the road just in case an uncertainty arises. Even though estate planning is essential, many New Jersey residents are hesitant about starting the process because they believe it's just for the wealthy. An estate...
When it comes to estate planning, it may be easy for many to overlook the increasing number of transactions that are done online, financial or otherwise. Once someone is deceased, his or her online accounts live on, whether they are for automatic bill payment, digital...
When it comes to planning for the future, estate planning is one of the most important areas for New Jersey residents to consider. Ensuring that property, assets, valuables and other important items are secured for the future can help individuals be sure that their...
Many in New Jersey may be interested in drafting a revocable trust as a way of avoiding probate. While these trusts are popular and provide a lot of flexibility, anyone interested in drafting one must take care to avoid scams. Trusts that are not drafted or funded...
How many times do people think to themselves that they should plan ahead for possible unforeseen events but yet never seem to get around to doing so? One of the most important yet often neglected details is having in place official powers of attorney especially...
Most states, including New Jersey, recognize that pets are "living property" and they may be provided for in the event of the owner's incapacitation or death. As such, pet trusts are being used by many people to ensure that their pets are taken care of in the event...
It is always difficult after a loved one passes away. Not only can it be emotionally difficult it can also be challenging to administer the estate the loved one has left behind. Even with proper estate planning preparations estate administration can be confusing for...
