Your New Jersey estate plan is very personal. You get to dictate what happens with your assets after you die in the way you want. However, there are laws regarding estates to keep things fair and ensure security. There are certain things you can and cannot do. There...
Are there items you should not include in your will?
A will is a very important document, as it tells your loved ones exactly what you wish to become of your New Jersey property and assets in the event of your death. However, while a will is meant to detail your wishes, there are certain types of property you either...
How to choose your estate planning attorney
Estate planning is important for many families, both those first starting out and established couples with high-value assets. Creating the ideal estate plan means making important end-of-life decisions with help from a lawyer. Finding the right attorney in Jackson,...
Thinking about estate planning and property transfer?
One of the most valuable assets you have is likely a piece of property, such as your main residence, or a beach house you offer as a vacation rental. When you think about estate planning, the transfer of real property may be uppermost in your mind. What is the best...
How long has it been since you updated your will?
Perhaps you created a will in your younger years. You felt you had done your duty, filed the document away and promptly forgot about it. Meanwhile, life moved on and big changes occurred. Is it time for you to locate your will and give it an update? Mission partly...
Understanding a special needs trust
If your child is one of New Jersey’s numerous special needs children, you may have heard about special needs trusts, but do not really know what they are or what they do. Basically, a special needs trust is one you establish for the benefit of your child so that money...
The importance of advance directives
Advance directives are essential components of any estate plan. While many of these documents relate to what will happen when you pass away, advance directives relate to what will happen when you are still alive but need someone else to make decisions on your behalf....
The advantage of a special needs trust
Parents of children with special needs face the difficult decision of how best to provide for their children over a lifetime of care. Each family's case is different. There may be particular disabilities and settlements that determine the best course of action. A...
What does intestate succession mean in New Jersey?
The legal jargon concerning estate planning can often be confusing. If you have heard of intestate succession, you may wonder what it is. This term refers to what happens to your parents' property if they die without a will. New Jersey has laws regarding the proper...
Basic estate planning documents
Younger people often think that things like creating a will or setting up a trust are solely for the wealthy or elderly. It is true that estate planning becomes more critical later in life, and that wealthy individuals often make use of estate planning resources, but...