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There are many different types of trusts New Jersey residents can use to protect their financial legacy and limit how much their estate may be taxed. However, it is important that in addition to choosing the right type of trust, they also designate the right person to...
People in New Jersey who have been appointed executor of a will or who have been asked by a loved one to act as executor might wonder what responsibilities are involved. An executor's job involves locating assets, paying bills and distributing assets to beneficiaries...
Assault occurs when a person either injures or attempts to cause injury to another person. New Jersey categorizes assault into two charges, simple or aggravated. Factors differentiating between the two charges include the seriousness of the bodily damage to the victim...
It can all happen in what seems a few seconds. A disagreement turns into an altercation, and you strike someone. Or, you didn't plan on yelling at the other person, but the situation escalated out of control. If you feel that managing your anger is a challenge for...
People in New Jersey should create an estate planning checklist to ensure that they have everything they need in their estate plan. While estate planning provides individuals the opportunity to get ready for the unavoidable, it also allows them to dictate what should...
You probably don't have to think hard to remember the last time you saw someone using their cellphone while driving. More specifically, you might remember how it affected their driving ability. Maybe they were driving slowly, stopped just short or drifted closely to...
When people in New Jersey are creating an estate plan, they may want to use a living trust. A living trust allows a person to keep control of assets after placing them in the trust. Married people may place assets in a trust and name one another as co-trustees. With a...
One of the estate planning mistakes that many New Jersey residents make is not using a trust to hold assets for their adult children. Trusts can be particularly helpful if an adult child has unhealthy spending habits. Assets that are left outright to adult children...
Some New Jersey residents who are creating an estate plan might wonder if they should take steps to avoid probate. There are advantages and disadvantages to the probate process, and a person should consider them carefully before deciding how to set up the estate plan....
New Jersey residents and others who are thinking about their legacy may want to start creating an estate plan today. At a minimum, an estate plan will contain a will or a trust in addition to a health care and financial power of attorney. The will or trust will give a...
