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Knowing the value of your estate is essential in making strategic decisions in your estate plan. Your net worth (assets minus liabilities) dictates not your lifestyle but also what your ...

It is common for grandparents to leave their grandchildren gifts of property, assets or cash.  It is also common for grandparents to want children to spend the gifts wisely, rather ...

Many people wait until they die to leave assets and cash to their loved ones but you can start giving to your loved ones now and enjoy actually giving them ...

Animal Companions Cannot Own Property While most of us consider our pets to be part of the family, animals cannot own property legally. For example, an animal cannot open a ...

Distributee is a term used commonly in estate planning but rarely used outside of estate planning.  Every state includes a definition section to their laws to clearly convey the intent ...

Definitions in the laws of New Jersey determine who is considered a “child” and who is not.  There are circumstances where someone may take a child in as his own, ...

When considering what you might want to include in your will, you should know some things are better addressed in a different document, or not included at all in your ...

In understanding what you can accomplish in your will, it is important to understand the things you cannot do. Below are four important things to know you cannot do in ...

A Provision Disposing of your Residuary Estate. Your residuary estate is all of your property that is not otherwise specifically disposed of in the will. You may acquire more property ...

When planning for your future and working on an estate plan, married couples have options not otherwise available to unmarried couples. Understanding how estate taxes work between spouses is important ...