Losing A Loved One – Eight Tasks that Must be Addressed
When a loved one passes away, there is, naturally, great sadness. But, for the surviving spouse or other family members, there’s little rest for the weary. Not only is time ...
Minimizing New Jersey Estate Taxes – Is a "Credit Shelter Trust" right for you?
Married couples with children or other loved ones to whom they wish to leave assets should seriously consider including Credit Shelter Trusts in their Wills. Currently, in New Jersey, ...
Family Owned Business and Succession Planning – The Stakes are High!
Approximately 90% of U.S. businesses today are family owned or controlled. For many owners, the business represents their largest financial asset. If you are a business owner at some point you ...
Is a Living Trust Right For You?
There are a variety of options that a person should consider when proceeding with estate planning. Each person’s situation is unique, and estate planning is not “one size fits all.” ...
Same-Sex Marriage – Will the Marital Deduction Be Allowed?
Currently, federal law differs as to how same-sex and opposite-sex married couples are treated regarding estate taxes. In the case of opposite-sex couples, transfer of assets from a deceased spouse to ...
Nursing Home Bills – Are You Financially Responsible for Your Parent?
If you have a parent or other loved one in a nursing home, and that person designates you as Power of Attorney (POA), it is very important that you understand your ...
Why Bother with Estate Planning?
We’ve all heard the expression, “Nothing is certain but death and taxes.” While we have little or no control over certain things in life, we can have a great deal ...
Leaving Your Business to the Kids – A Short List of Things to Consider
If you own a business, and want to pass it on to your children or other family members, there are many things to think about. Without proper estate planning, the ...
Living Wills and Financial Considerations
A Living Will is an important part of estate planning. It enables you to give advance directives to your agent or physician regarding what measures should or should not be ...
Selecting a Guardian for Minor Children – Your Decision or the Court’s?
When parents die, and minor children are left behind, a legal guardian is identified to serve as a surrogate parent. Ideally, parents with minors have drafted wills in which they’ve ...