NJ Estate Planning & Elder Law Blog

Creating a Trust in New Jersey

Planning for death can be very overwhelming. However, it can be very beneficial to do so. By creating an estate plan, an individual can prepare for what will happen to their assets after they pass away. It allows them to have control over their lifelong cherished possessions when their life is over. When creating an […]

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Drafting a Will in New Jersey

One of the most important things a person can do for themselves while they are alive is to create an extensive estate plan. In doing so, they make a plan to prepare for what happens to their assets after they pass away. This helps an individual to protect their cherished possessions and belongings. This may […]

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What is Probate?

An important part of life is creating an estate plan that allows individuals to prepare for what happens to their assets after they pass away. Part of administering an estate is the probate process. Probate is the process of deciding whether or not a deceased individual’s will is a valid document. The process also determines […]

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Contesting a Will

Before people pass, they usually take the necessary steps to ensure that their wishes are followed and their estate functions the way they hoped. This is supposed to ease their stress of not knowing what will happen once they are gone. It also helps avoid stress among the family left behind so that they may […]

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Estate Tax Laws in New Jersey

When an individual passes away, leaving an estate, it is important to be aware of the tax consequences that are associated with the assets the decedent owned at the time of death. It is important to be aware that estate taxes are different than inheritance taxes. Often, when an individual is planning their estate, they […]

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How long does a trust last?

Planning one’s estate is essential to their future. One component of estate planning that some people choose to utilize is a trust. A trust is appropriate for some circumstances and can allow the parties involved to reap a number of benefits. The individual must gather information on what type of trust will work best for […]

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What is the role of a trustee?

When an individual, known as the grantor, sets up a trust that typically benefits other individuals, they must appoint a trustee. A trustee has a very important role in making sure that the trust is properly administered, among other things. While trusts can be set up for a business or a charity, most of the […]

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When should I update my will?

One of the most important legal documents an individual may draft in his or her lifetime is a will. A will simply outlines how an individual wants to distribute his or her estate after they pass. The individual gets to carefully choose beneficiaries to inherit assets, as well as specifically name who doesn’t receive assets. […]

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