Face Your Future With Confidence
There are many situations in which people may be tempted to do the “bare minimum.” For example, it makes sense to aim for the bare minimum if you are on a budget. Or perhaps you only have enough energy or time to do the bare minimum. Estate planning is one of the many...
One of the most important steps for New Jersey residents planning their estate is choosing their trustees. A trust may be a very effective estate planning tool, but even the best trusts can be ineffective if managed by poor trustees. Some New Jersey residents assume...
Charitable trusts have become popular among estate planners in New Jersey. One type of charitable trust is a charitable remainder trust, also known simply as a “CRT.” This type of trust has many advantages, but it is important to understand the potential downsides of...
While cash can certainly help your beneficiaries, one of the most valuable things you can leave behind is an idea. Intellectual property can theoretically continue to provide income for your family into the foreseeable future, and it may even become more profitable as...
Approaching the estate planning process in New Jersey can feel a little daunting. There are so many options to consider, and the legal aspects of estate planning may seem quite complex. Fortunately, you can set up a solid estate plan by following a few simple steps and considering a number of effective strategies along the way. Of course, the most…
Most people are only familiar with the most common trusts, such as irrevocable trusts, living trusts, and charitable trusts. But if you dig a little deeper into the world of trusts, you will find that there are trusts for almost every situation imaginable. Some of these trusts are seriously strange, and you might be wondering why someone would possibly want…
One of the best parts of a solid estate plan is the knowledge that your children, your grandchildren, and even your great-grandchildren may continue to benefit financially from your estate long after your passing. Estate planning represents an opportunity to put a legacy in place that keeps your family accustomed to a comfortable standard of living. The best way to…
As your senior loved one begins to struggle with cognitive and physical decline, it is only natural to start wondering about your inheritance. Perhaps you know that your elder relative has set aside a considerable sum for you after their passing. Maybe you are going to inherit their home, their car, or their jewelry collection. Whatever the case may be,…
When most people leave money behind, they do so in an extremely professional and serious manner. After all, passing away is no laughing matter. It is of the utmost importance that your wishes are respected upon your passing, with your family receiving exactly what you set out for them to inherit. But there are some people who approach the estate…
If you are writing a will, you need to make sure that this crucial legal document is valid. If not, your beneficiaries could experience all kinds of issues when you pass away. It is one of the many reasons to hire a qualified, experienced estate planning attorney in New Jersey. But what exactly makes a will valid? What are the…