Selecting An Executor For Your Estate – Choose Wisely!
Many of us have accumulated assets over the years (for example, a house, a savings account, stocks and bonds, jewelry). But, what will happen to these assets after we’re gone? ...
US Supreme Court Rules on "Defense of Marriage Act" (DOMA)
On June 26, 2013, the United States Supreme Court ruled on the Defense of Marriage Act (DOMA). In today’s post, we will discuss the Court’s findings and it’s impact on ...
Baby Boomers and Social Security – Divorced-Spouse Benefits
In a previous post, we discussed Social Security (SS) Spousal Retirement benefits. Today, we will be discussing Social Security Divorced-Spouse Benefits. 1. The best way to explain how SS Divorced-Spouse ...
Baby Boomers and Social Security – Spousal Retirement Benefits
Approximately 96% of all U.S. workers are eligible for Social Security (SS) Retirement Benefits. (They paid Social Security taxes during the years they worked.) These individuals can receive their full SS ...
Baby Boomers, Retirement, and Social Security – Part 1
Baby Boomers represent approximately 30% of the U.S. population today – that’s approximately 87.5 million people! And most of those Boomers have just retired or will be approaching retirement in ...
What’s The Difference Between the "New Jersey Estate Tax" and the "New Jersey Inheritance Tax"?
Published May 9, 2013 New Jersey has both an estate tax and an inheritance tax. While many assume these terms are interchangeable, they are not. The NJ estate tax and the NJ ...
I’ll Do My Will………Later.
For many of us, the thought of preparing a Will is very uncomfortable; it makes us nervous. We feel that doing a Will may “invite” death. To be sure, this ...
NJ’s Revised Limited Liability Act – How It Will Impact Your Company!
In March 2013, the New Jersey Revised Uniform Limited Liability Act (RULLCA) was signed into law. RULLCA makes significant changes to existing laws governing Limited Liability Companies (LLCs). Of major ...
I’m confused! Are a "Will" and a "Living Will" the Same Thing?
It’s easy to get confused when it comes to legal terms. Some terms sound like the same thing. But, they’re not. Today we’ll be discussing Wills vs. Living Wills, two ...
Estate Planning: Divorce, Remarriage, & Blended Families
Divorce is a reality in today’s world. Numerous studies indicate that 50% of marriages will end in divorce. Of course, many divorced individuals go on to remarry. And, of those ...