On behalf of Campbell & Pruchnik, LLC | Mar 31, 2020 | Estate Planning
Business owners often have a lot on their plates, but it is pivotal to think ahead. By setting up an estate plan, business owners have the ability to prepare for unexpected challenges, find peace of mind, protect their business and ensure that loved ones receive...
On behalf of Campbell & Pruchnik, LLC | Mar 24, 2020 | Estate Planning
As the rapidly evolving coronavirus (COVID-19) spreads through our country, now more than ever before, we need to focus on our well-being and that of our families. Now is the time to review your current estate planning documents (Will, Living Will/Healthcare...
On behalf of Campbell & Pruchnik, LLC | Mar 9, 2020 | Estate Planning
As a New Jersey resident working on your estate plan, there are a few first steps to take before anything else. Among them is finding an executor for your estate. This person will make the backbone of your estate plan. Because of that, it is important to find someone...
On behalf of Campbell & Pruchnik, LLC | Feb 26, 2020 | Estate Planning
Probate, which is the court-supervised administration of a deceased person’s estate, has a lengthy, costly reputation. In New Jersey, however, many estates qualify for a simplified probate process. Learn how simple probate works in New Jersey, and determine...
On behalf of Campbell & Pruchnik, LLC | Feb 6, 2020 | Estate Planning
Your last will and testament is one of the most important documents you will write. Some people may feel intimidated when creating the terms of the will, as it involves making major decisions that affect your friends and family once you pass. Once you have created...
On behalf of Campbell & Pruchnik, LLC | Jan 22, 2020 | Estate Planning
For many people, thoughts about an estate plan focus primarily on creating a will or possibly a trust. While these tools are certainly valuable and central to the estate planning process, they are not the only things a person should consider putting into place. A good...
On behalf of Campbell & Pruchnik, LLC | Jan 3, 2020 | Estate Planning
One of the reasons why many people forgo creating an estate plan is because they buy into the misconception that estate plans are only for the wealthy. The reality is that anyone in New Jersey, regardless of wealth, should have at least a simple plan in place. Your...
On behalf of Campbell & Pruchnik, LLC | Jan 3, 2020 | Estate Planning
We recently took a look at whether simple wills are right for certain New Jersey residents. Today, we will look at the other side. When should you avoid going for a simple will? Are there any situations in which these wills just will not work out for you? Simple...
On behalf of Campbell & Pruchnik, LLC | Sep 30, 2019 | Estate Planning
Did you hurry to finalize your divorce in 2018 so that the old tax laws would apply to you? If so, you are not alone. Given the negative impact that the new tax laws have on both the recipient and the payor of spousal support, many couples took the steps necessary to...
On behalf of Campbell & Pruchnik, LLC | Sep 16, 2019 | Estate Planning, Firm News
When you set up a trust fund in New Jersey, it gives you an opportunity to pass down valuable assets to your beneficiaries. Trust funds are an estate planning vehicle that can help you manage your assets and avoid certain estate taxes down the road. There are...
