Lower Tax Consequences in 2011 and 2012
Estimating your income for 2011 and as much as possible for 2012 can help you plan a strategy to minimize tax consequences for both years. If your income will likely ...
Do you Want to Leave Your Estate to Your Ex-Spouse?
An estate plan should be updated following a divorce. Some of the most common things which need to be updated are: Remove gifts under a will made to a former ...
What is a Holographic Will?
A holographic will is a will written by the testator in his own handwriting. A holographic will is not usually witnessed and is often written in cases of emergency or ...
Remember to Change Your Power of Attorney After Divorce
It is fairly common for spouses to name each other on a power of attorney form. A power of attorney authorizes someone to act on behalf of someone in case ...
Who Serves as Personal Representative for Probate in New Jersey?
The probate process allows for the legal distribution of assets and payment of debts of an estate after an individual has died. Following a death, the person who is named ...
Protect Beneficiaries with your Will
An estate plan can help beneficiaries understand a loved one’s priorities and can leave beneficiaries feeling valued, or it can cause hurt feelings and arguments among loved ones. While talking ...
Don’t Leave Liabilities to Beneficiaries
One great gift a person can leave to his beneficiaries is an estate without liabilities. There are times when a beneficiary learns he will receive assets from an estate and ...
Can an Estate Personal Representative be Paid in New Jersey?
In New Jersey, a Personal Representative, also referred to as Executor (or Administrator if there is no will) is responsible for protecting the assets of the estate and for distributing ...
Giving Thanks
Thanksgiving is just around the corner and what better time than now to take stock of your assets and think about the ones you love? Thanksgiving is a time to ...
How to Choose a Trustee
A trustee is responsible for managing assets of a trust and for making distributions based on the trust instructions and the wishes of the grantor. Circumstances arise though which may ...