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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...
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...
A trust can be an effective tool for estate planning purposes. A revocable living trust is one of the most popular types of trusts as it gives the trust's creator flexibility to make changes if needed. Although they cannot be changed, an irrevocable trust may provide...
It’s a two-hour drive from Flemington to Ridgefield, Connecticut, home of the late Maurice Sendak. When the famed writer and illustrator passed away two years ago, the New York Times hailed him as an “author of splendid nightmares.” Recent news...
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...
His life was filled with adventure, academics and a breathtaking accumulation of Chinese art and wealth. C.C. Wang was known for escaping China’s civil war in 1949 and bringing his wife and young children to the capital of the art world, just 60 miles east of...
