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New Jersey residents who are preparing their estate plans will likely be aware that there are some federal tax implications. For those who have a large amount of assets that will be passed on through a will or trust, more complex planning may be required. Included in...
The probate process in New Jersey is a legal method that acknowledges a will and enables the choice of an executor charged with accounting for the assets and administering the way the assets are distributed. Whether or not probate occurs, the assets must be tabulated...
When a loved one dies, the family might be in shock as they process the death of their family member, and even the rich and famous are not exempt. In some cases, specific examples provide others in New Jersey and across the nation with important insights into what...
The probate process can create many inconveniences for the survivors of a loved one. Those with significant assets may look for ways to avoid probate, but those with few assets may equally benefit from planning to avoid it if possible. If real estate is the only asset...
New Jersey residents who wish to set up a trust to administer their estate after their passing may wish to review some of the common errors made by benefactors. A trust can be a powerful tool for settling an estate, sparing the family the costs of probate and the...
Long after a will has been drafted, the life circumstances of the New Jersey testator may have changed in a dramatic way. People may have gotten married, new children may have been born, the maker may have divorced, a spouse may have died or the maker may have simply...
