If you are starting to put together an estate plan and want to do your part in reducing the likelihood of estate litigation from your children or other family members, one good idea is to make sure you verify and validate your will in advance. As you may know, a will...
After someone dies, an executor steps up to help administer the estate. In most cases, the executor knows that they'll be taking on the role before the other party's death. In some, they were never informed that they'd be taking on that role. So, if you're appointed...
Choosing your power of attorney was never going to be easy. You have three children, triplets, who all want what's best for you. Putting one of them in charge is not something you're interested in doing, but you think that having all three trying to work together...
You have been working on estate planning over the last month or so, and you're getting ready to go to an attorney for the first time. You want to set up a trust, but you're not sure which one is right for you. Fortunately, there is a lot of information to be had on...
When you're getting older and want to make sure that your estate is not so large that you face taxes, one of the options is to take advantage of the gift tax. The gift tax allows you to give gifts to others up to an allowable amount annually. You don't have to report...
Estate planning is an important part of growing older. As you age, you start to collect more assets, develop relationships with others and gain the understanding that you won't always be here. You want to leave assets behind to those you love and to protect yourself...
There are people who spend a lot of time on the estate planning process, as well as those who put it off for as long as they can. Regardless of your current situation, it's critical that you take steps to prevent estate planning mistakes. One mistake can cost you...
An estate plan directs where a person wishes their wealth and assets to go, such as to their loved ones, friends and charities after death (also known as, the decedent). However, there is another place the estate assets may be sent depending on the organization and...
Fraud is a legal concept that is often tied to the criminal justice system. When a person commits fraud, they have or have sought to have themselves enriched through deceitful actions or omissions. Claims of fraud often arise in business settings, but New Jersey...
Probate is a complicated legal process that can take time and legal knowledge to get through. It can be beneficial to readers of this New Jersey estate planning blog to discuss their probate questions with attorneys who are familiar with their estate planning needs....
