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 ...
Incorporating Your Vacation Property May be a Smart Strategy
If you have real property or perhaps a homestead as well as a vacation home, there can be complicated processes for transferring property ownership to your beneficiaries. More and more ...
Write Your Own Will
There are many books and computer programs to help you write your own will. If you have taken a thorough inventory of your assets and your liabilities and you don’t ...
Children of Civil Union Couples in New Jersey
Inheritance Tax in New Jersey Following the death of a New Jersey resident, an inheritance tax return must be filed. Taxes are established at graduated rates on property with a ...