Estate Planning

Estate planning is crucial for everyone. However, it could present unique challenges for common-law partners. If you are in a common-law relationship, you might wonder how to protect your partner and assets in the event of your passing. Below are key considerations...

Taxes are a valid concern when planning how to distribute your estate. Everyone wants to maximize the amount they can leave behind for their loved ones. However, the larger your estate, the more taxes you will likely have to pay. Types of taxes that may affect estates...

Imagine being in a hospital bed, unable to communicate with your loved ones or make decisions about your own medical treatment. Your partner, who has stood by your side for all these years, desperately wants to help. However, without proper legal authority, they...

Estate planning involves more than just writing a will. Trusts can offer more control, protection, and benefits for your assets and beneficiaries. Some lesser-known trusts might be valuable additions to your estate plan. Spendthrift trust A spendthrift trust protects...

Planning for the distribution of assets and wealth across generations is important when planning your estate. However, many families struggle to keep their wealth beyond the third generation. They call this the "third-generation curse." To avoid this problem, you need...

Irrevocable trusts in New Jersey can assist with asset preservation. They help people shield their wealth from various financial threats, including potential creditors and legal claims. This protective measure can also help more wealth accumulate over the long term....

Undue influence may lead loved ones to make choices not in line with their true intentions. In the realm of estate planning, it is important to be aware of signs that might indicate the presence of this problem. Part of this includes shedding light on the importance...

Your last will and testament allows you to ensure the carrying out of your final wishes. It is your vehicle for putting in place measures for your loved ones' care. However, it is not uncommon for disputes to arise regarding estates of both small and large value. By...

Relationships come in many different forms, and not all couples choose marriage. If you are in a committed partnership but are not married, it is important to consider the distribution of your assets should something unexpected happen. Leaving assets to an unmarried...

When you appoint someone the executor over your New Jersey estate, you give that party several specific responsibilities. Typically, it is the executor’s job to close out financial accounts, inventory assets and notify and distribute those assets to your intended...