As divorce in New Jersey and across the nation has become more commonplace, so do "blended" families. While a second marriage can bring much joy, sometimes having a blended family can become problematic. This can be the case when a parent dies, leaving behind a spouse, stepchildren and children from the parent's first marriage. Situations like this can lead to bitter feelings when it comes to a party's inheritance and could even lead to estate litigation.
New federal estate tax law may affect estate plans
Sometimes, the law changes in a way that might affect a person's estate plan. For example, back in December of last year, Congress passed tax legislation in a way that warrants a review of one's estate plan. With this in mind, there are certain questions a person may want to ask a professional, so they can determine how the new federal estate tax law affects them.
What are the duties of an executor in estate administration?
Whether appointed in a person's will or appointed by the court, being the executor of a person's estate in New Jersey after that person dies is certainly an honor, but it is also a big responsibility. It can be a confusing time, especially if one has never served as the executor of an estate before, so it can help for an executor to carry out their duties with the assistance of an attorney experienced in estate administration and probate.
