When it comes to your estate plan, full disclosure is of paramount importance. Sharing vital data on accounts, bills, and the overall financial picture helps keep the lines of communication open and avoid surprises following a tragic loss. When information is not...
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Estate Planning
7 steps to creating a strong and sustainable estate plan
It is difficult to predict the type of support and help you may need in the future. While you cannot predict what you need for your security and long-term interests, there are steps you can take that will allow you to feel confident regarding what is ahead. One of the...
Giving gifts by utilizing certain estate planning tools
As you consider what you want to happen to your estate in the future, one of your goals may be to ensure that your loved ones have what they need for long-term security. Providing for heirs and beneficiaries may be one of your primary objectives, and through estate...
What’s so bad about not having an estate plan?
After working a number of years, perhaps to buy a home, a vehicle, send your kids to a good school or any number of other worthwhile goals, it's understandable that you would want to protect the assets that you worked so hard to acquire. As you get older, it's also...
Understanding financial and medical powers of attorney
Whether you are taking steps to execute an estate plan for yourself or are assisting an aging parent as he or she begins to get affairs in order, there are certain matters of importance you might want to address. Most people sign a last will and testament. However,...
Would a trust be a beneficial addition to your estate plan?
As you consider the different steps you need to take in order to create a complete estate plan, you may have specific ideas for what you want to happen with your estate assets after you pass. One of the most common reasons for estate planning is to have the ability to...
Estate planning options for house assets
If you own a home in New Jersey, it’s no doubt one of your largest assets. You may have had the house built yourself or live in a home that has been in your family for generations. Either way, if you’re ready to execute an estate plan, you’ll want to explore available...
The estate planning process doesn’t have to be complicated
Unfortunately, many American adults do not have an estate plan. They may delay taking this step for many reasons, including failure to see the need for an estate plan or concerns that it’s just too complicated to undertake without help. In reality, estate planning is...
Are you hesitant to start estate planning?
You might be one of many young adults in New Jersey who recently graduated college and are laying the groundwork for a new career and independent lifestyle. On the other hand, you might count yourself among baby boomers across the state who are getting ready to...
You can care for a disabled loved one through your estate plan
Your primary reason for making long-term legal and financial plans is caring for and supporting loved ones after you are gone. You want to ensure that your designated New Jersey beneficiaries get the assets you leave for them, and you have clear instructions for the...