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A power of attorney grants one person or more the right to act on behalf of the principal granting the power, and it can work in a number of different ways according to the needs or desires of the principal. New Jersey residents may need a power of attorney for one...
People who have a living will in place are able to maintain a modicum of control over the medical treatment they are willing to endure in the event they are incapacitated. When a person does not have a living will, decisions regarding life-sustaining treatment use on...
You are at this very moment reading a digital asset. You might well have written blog posts yourself, or you might own a website filled with family photos and other mementos. That is also a digital asset, as is your Facebook page and Twitter account. As growing bits...
Virtually everyone in Flemington has an estate. It’s the collection of things that a person owns, including a house, car, stocks, cash, checking and savings accounts, furniture, life insurance, clothing – everything. For some, estates are vast and...
In our previous post, we wrote about one of the most celebrated actors of our time: Philip Seymour Hoffman, who died at age 46. As you might recall, the Oscar-winning actor was adamant that his three young children, ages 5, 7 and 10, not be “trust fund...
Among the most personal and important decisions a person can make in life is how they want to raise their children. An infinite variety of good parenting techniques, styles and philosophies exist. They are all linked by a parent’s undying love for their kids,...
Ancient Egyptians used to bury a dead pharaoh with mounds of gold and jewels for the afterlife. Centuries later, the treasures were still sitting there unused. A few things have changed since then, but we still can’t take our wealth with us. Nor can we pack up...
In this high-tech era, fortunes can be made very rapidly by very young entrepreneurs. Because they’re young and focused on making their businesses succeed, they are often childless and unmarried. If they’re as practical as they are talented, they understand that for...
As every carpenter knows, the proper tools enable a person to do a job well. So it is with estate planning. While not everyone in Flemington has to plan for the disbursement of vast wealth, all of us have to consider what we want done with our assets when we pass on,...
Just a generation ago, families looked quite a bit different than they do today. The shift in family structures can have a strong impact on how people view their relationships and what goals they may have for financial planning. This can be seen in how estate planning...
