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, ...
A successful estate plan is built on the collaboration of several professions working together to ensure that your goals and wishes are properly implemented. Your team should include a CPA, ...
The current estate, gift and generation skipping transfer tax laws are set to expire at the end of 2012. The President and Congress will have to decide whether they extend ...
Estate Taxes Change with New White House Administration With each new administration in the White House and new Congress there are new tax laws and changed agendas. In 1937 whenAmerica’s ...
Each state has its own laws relating to estates and each state imposes different taxes. In New Jersey there is a transfer inheritance tax on transfers of property having a ...
There is a television program airing on Oprah Winfrey’s new network called “The Will: Family Secrets Revealed”. The title alone should inspire people to get their estate plans in order ...
The Hadley case inRhode Islandwhich was decided in 2005 is a well-known case for good intentions gone awry in estate planning. Art Hadley created a trust for his adult children ...
In our last post we discussed people who make claims against an estate as a beneficiary. It is also possible for a lawsuit to be filed against an estate. Lawsuits ...
Claims Made Against Estates When someone claims an asset in an estate belongs to him/her but it is not left to him/her in the will or any trust document, he/she ...
In order to create an accurate estate plan, people need to organize their documents and take a complete inventory of all their assets and liabilities. Creating an inventory not only ...