For those in New Jersey who have completed the estate planning process, a great sense of security can come from knowing that one’s final wishes are provided for within a legal format. It is important to understand, however, that these documents will need to be...
When creating an estate plan, New Jersey couples have a wide range of options. For those who are seeking maximum asset protection, establishing a trust is one of the best possible choices. In particular, a QTIP trust offers a high level of protection, as well as a...
When many New Jersey residents consider their estate plan, they focus on ensuring that they can pass their assets on to their loved ones in the manner that they wish. While this is a vital aspect of estate planning, there are other parts of the process that are just...
Many New Jersey residents believe that because they do not have a high level of wealth, they do not need to conduct any form of estate planning. This is a misconception, as estate planning encompasses a wide range of needs, not just the preservation of a large...
Many in New Jersey are aware of the body of work of the late Philip Seymour Hoffman. The award-winning actor died earlier this year at the early age of just 46. Unfortunately, he seems to have made several serious estate planning errors, leaving his three children at...
Many individuals in new Jersey take the necessary steps before they die to create a comprehensive estate plan, which can include a will. A will simply dictates how one's assets are distributed among family members, friends and others. A will is created by most people...
When it comes to creating a solid estate plan, both women and men share the need to have their final wishes documented in writing, and to ensure that those documents fall within the letter of the law. However, it can be argued that women have a somewhat unique set of...
With May being National Pet Month, New Jersey pet lovers may want to consider what will happen to their beloved four-legged companions when they are no longer capable of care for it. While many people are aware that proper estate planning is a way to protect their...
There are a number of life events that necessitate a change in one's existing estate plan. The birth of a child, the death of a spouse and even marriage and divorce create the need to review these documents. One life event that is often overlooked in relation to New...
