If you are in the process of setting up an estate plan, you have many different options to consider. You need to think about your individual circumstances as well as the unique needs your loved ones have. Some people create a will, while others come to the conclusion...
Regardless of your age or the number of assets in your possession, you must have a solid estate plan in place. As explained by U.S. News & World Report, a reliable estate plan can protect your family after you are gone, but it can also offer protections while you...
Most people in New Jersey likely assume that all adults in the state (particularly those in their later years) have a will (despite the natural reticence that many may have towards estate planning. Yet this assumption often proves false; indeed, according to...
Those in New Jersey working through the estate planning process quickly discover that there are a number of opportunities to preserve assets for their beneficiaries (whether those be by structuring one's estate to avoid probate or making a plan to settle debts prior...
As part of their estate plans, many people include advance care directives to help guide their medical providers and families in the event they cannot speak or make choices for themselves. In addition to creating living wills to specify their health care preferences,...
People with disabilities qualify for Medicaid and other government benefits based on their finances. You may want to provide a gift or leave an inheritance to a disabled loved one, but doing so directly may affect his or her eligibility. A special needs trust is a...
When creating your estate plan, you will likely have several people included in it. This includes everyone who benefits from your estate, along with people who will play a more active role in it. Why is it important to pay extra attention to these figures? What sort...
Many estate planners and financial advisors guide their clients towards lifetime giving strategies. The objective is typically to diminish the estate, reducing the risk of inheritance taxes. This article will look at two topics regarding lifetime gifts to individuals:...
Creating your estate plan is crucial, but you cannot simply create it and then leave it alone. You must keep it updated to ensure it reflects your most recent life circumstances. In order to do that, you need to review your estate plan every now and then. But can you...
Estate plans give families knowledge, reassurance and comfort after their loved ones pass away. For the planners, an estate plan can provide financial security and protection from fraudsters. An estate plan that complements a person's lifestyle and personal...