Blog Category: Estate Planning & Administration
Right-to-Die Law Passed in NJ
Apr 18, 2019 | Written by: | Share
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: | Share
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: | Share
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: | Share
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: | Share
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: | Share
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: | Share
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.