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Ideally, New Jersey residents should have estate plans in place to ensure that their final wishes will be carried out. A basic plan may include a will, a living trust and powers of attorney. However, it is important that an estate plan is constructed properly to avoid...
Individuals in New Jersey who have been named as an executor of a parent's will should be aware of what the role entails. Understanding the responsibilities is the first step in making sure that a parent's last wishes are correctly carried out. If it is possible,...
Most New Jersey residents know the importance of estate planning. However, a study shows that nearly 60 percent of U.S. adults do not have a will in place. In January, researchers from Princeton Survey Research Associates International asked 1,003 adults if they had...
Elderly people in New Jersey sometimes need their children to help them manage their finances. Adult children are frequently put in charge of paying bills, making investment decisions or applying for benefits. If an elderly person is completely incapacitated, he or...
Most people in New Jersey do not expect to die at the same time as their spouses. Therefore, estate plans may not take the possibility of simultaneous death into account. However, fatal car accidents and other tragedies can result in two family members dying at the...
Many New Jersey residents are wondering what type of changes might come with the election of Donald Trump and the Republican party holding majorities in both the House and the Senate. Among other things, one area that could be greatly affected is estate planning. If...
