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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What are some things to consider in appointing an Executor and what are some of the duties of an Executor?

One of the most important jobs a person can be given is to act as the executor of another person’s will. When a person passes away, the executor carries out all of the responsibilities of managing the deceased party’s estate. The executor must gather the assets, make sure all taxes and debts are paid off, […]

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Why do I need a will?

One of the most important things an individual can do for his or herself is create an estate plan. Of course, no one wants to think about what happens when he or she passes, but it is important to be prepared so that your estate passes the way you want, and that you protect and […]

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