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Blog Category: Estate Planning & Administration

Right-to-Die Law Passed in NJ

Apr 18, 2019 | Written by: Daniel S. Makoski, Esq. |

The Aid in Dying for the Terminally Ill Act was signed into law on April 12, 2019. The law, which goes into effect on August 1, 2019, allows a terminally ill patient to make a request to receive...

The NJ Estate Tax Has Been Eliminated…Do You Still Need a Will?

Feb 1, 2018 | Written by: Lori K. MacWilliam, Esq. |

As of January 1, 2018, there is no longer any New Jersey estate tax, as per New Jersey P.L. 2016, c. 57.  Many New Jersey residents have been asking, “Do I still need a will, since there is no need...

What Happens When You Don’t Have an Estate Plan?

Jun 16, 2017 | Written by: Daniel S. Makoski, Esq. |

There are two ways in which your property can be apportioned to family and friends after your passing.

Premarital Agreements For People Over 50

Mar 13, 2017 | Written by: Diana N. Fredericks, Esq. |

The rate of divorce for first marriages is approximately 40-50%[i]; that number jumps to an estimated 73% for second marriages[ii].  Now consider that the majority of New Jerseyans divorcing are over...

Charitable Trusts: How to Give to Charity and Your Family

Dec 15, 2015 | Written by: Daniel S. Makoski, Esq. |

A charitable trust exists in three basic forms: a charitable lead trust, a charitable remainder trust, and a trust with a charitable beneficiary. Each trust provides for a different timing of when a...

What is a Trust? And How Can It Change My Estate Plan?

Dec 7, 2015 | Written by: Daniel S. Makoski, Esq. |

In its most simplistic form, a Trust is a separate legal entity that owns assets for the benefit of another person or entity. As part of your estate plan, a properly drafted Trust is a very effective...

Your Spouse Might Not Be Your Beneficiary

Mar 31, 2015 | Written by: Lori K. MacWilliam, Esq. |

Getting married may change many things in your life, but it does not automatically change the beneficiary on your life insurance policy to your new spouse.