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NJ Inheritance Tax

New Jersey: An Expensive Place to Live — and Die

New Jersey: An Expensive Place to Live — and Die If you are a New Jersey resident, then you already know how expensive it is to live here. But did y

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LA Clippers and Trust

Estate Planning Saves the Los Angeles Clippers

Estate Planning Saves the Los Angeles Clippers The last few weeks have been dominated by any combination of ISIS (or ISIL, depending on who you ask),

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inheritance fraud nj

Lookout! Protect Yourself & Identify Inheritance Fraud

Identifying Inheritance Fraud When you hear the phrase inheritance fraud, you may be more likely to think of a Perry Mason episode than a real life si

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estate planning nj

Five Reasons to Revisit Your Estate Plan

Five Reasons to Revisit Your Estate Plan If you have an estate plan in place, you’ve already taken an important and responsible step. Perhaps you ar

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paul walker nj estate planning

Paul Walker’s Will & Why It Matters

The Last Will of Paul Walker Like many celebrity deaths, Paul Walker’s passing was sudden and tragic. Known for his starring role in The Fast and th

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Robin Williams NJ Estate Planning

Robin Williams & Your Estate Plan

Robin Williams & Your Estate Plan The brilliant comedian and actor Robin Williams took his own life in mid-August. While the details of his c

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Tenancy by the entirety new jersey

How Do Joint Assets Work in New Jersey?

Understanding Joint Assets in New Jersey If you’ve ever bought something with someone else, you may already understand the basic principle behin

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Pet Trust NJ

Making Sure Your Pets are Taken Care of After You Die

Making Sure Your Pets are Taken Care of After You Die Many people consider pets to be a part of the family. Whether you have a dog, cat, bird or other

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New Jersey Will Contest

When Should You Contest a Will in New Jersey?

When Should You Contest a Will in New Jersey? Most family members dread the idea of a will contest. This is a situation in which one or more beneficia

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NJ Estate Planning Mistakes

Pitfalls to Avoid When Planning Your Estate

Pitfalls to Avoid When Planning Your Estate Estate planning is an immensely important, yet sometimes overlooked step in life. After all, don’t you w

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Irrevocable Trusts NJ

The Benefits of an Irrevocable Trust

The Benefits of an Irrevocable Trust Creating an irrevocable trust is one of the most effective ways to ensure that your family or favorite charity be

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Estate Planning Union County nj

The LeBron James Lesson

From time to time we will be posting thoughts on motivational and inspirational concepts on topics other than New Jersey Wills & Estate Planning i

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James Gandolfini Estate Planning

Tony Soprano’s Estate Planning Advice

Tony Soprano’s Estate Planning Lesson James Gandolfini, an incredibly talented and versatile actor best known for his portrayal of fictional New

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Revocable Living Trust or Will in NY

Are you wild enough? Lou Reed answers Revocable Trust or Will?

Revocable Living Trust or Will? Lou Reed Answers I recently read an article in Forbes about Lou Reed’s estate plan.  The gist of the article wa

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Death after Divorce - Who Inherits in NJ?

Death After Divorce — Who Inherits?

Death After Divorce — Who Inherits in New Jersey? It is common for married couples to craft wills that leave the entirety of one spouse’s esta

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Holographic Will Union County NJ

Holographic Wills: May The Force Be With You!

Holographic Wills: May The Force Be With You! Since my second son was born last week I’ve needed time to sit back and just “veg” out.  So I hav

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Guardianships in Union County NJ

Thinking about the unthinkable: Who will you name guardian in your will?

Considerations When  Choosing a Guardian for your Child While preparing your last wishes in a Will can be difficult, thinking about who should raise

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Executor in Union or Hunterdon County in New Jersey

You’re Named Executor in a Will – Now What?

You are Named as Executor: What Next? If you are named as executor in a New Jersey Will, what can you expect when the time comes to carry out your dut

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Living Will and Advanced Directives Springfield NJ

Why Do I Need a Living Will?

Why Do I Need a Living Will? You have the right to make decisions about how to live your life—and how you want to be treated at the end of your life

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New Jersey Guardianship

Guardianships: What Happens if I Become Incapacitated?

Guardianships: What Happens if I Become Incapacitated? The day may come when you need someone else to make physical and financial decisions on your be

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Do you want to revise your will?

Your Will: What if You Change Your Mind?

Your Will: What if You Change Your Mind? When your Will is signed, you have peace of mind that your wishes are recorded. But what if you change your m

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loud Computing and Estate Planning

Assets in the Clouds? Get Good Estate Planning Advice

Assets in the Clouds?  Get Good Estate Planning Advice How to Plan Your Estate in the iPad Age Digital difficulties arise when a spouse or family me

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Pet Trust in New Jersey

Woof Woof! Caring for Your Pet using a Pet Trust

Pet Trusts: Taking Care of Furry, Finned and Feline Family Members Caring for Pets When New York financier Muriel Siebert passed away in August of 201

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BMC strives to become your trusted adviser for life and help you create your will or estate plan.

Video: How can BMC Help Young Families Plan?

How can BMC help Young Families Plan? Sharon R. Borenstein, Esq., Partner in the firm, talks about how Borenstein, McConnell & Calpin, P.C. can he

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Casey Kasem Estate Planning

The Casey Kasem Saga from an Estate Planning Perspective [UPDATED]

Casey Kasem’s Story If you have been reading online, you have probably seen the Casey Kasem sad story unfolding right before your eyes.  Unfort

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Untsd

Great Article on Portability: Estate Planning for the 99%

This is a fantastic article by Deborah L. Jacobs that discusses several of the current, hot-button issues in estate planning.   Specifically, Ms. Ja

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famfam

What Do I Bring to my First Estate Plan Meeting?

Meeting with an attorney to begin your estate plan is an important first step. Make the most of your time by being prepared. Being organized for any l

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memorial day

This Memorial Day, If You Need a Miracle – Deserve a Miracle

From time to time we will be posting thoughts on motivational and inspirational concepts on topics other than New Jersey Wills & Estate Planning.

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thinking

What Do You Want To Be Remembered For?

This is a fantastic article from the New York Times about Estate Planning and Planned Giving. The article talks about the thought process one goes thr

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Divorce

Updating an Estate Plan After a Divorce in New Jersey

Updating an Estate Plan After a Divorce: Making sure your estate plan is up to date is important—especially after a divorce.  In New Jersey, if yo

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Huguette Clark

Newsworthy: When an Executor Thinks the Testator is Insane

From the New York Post: Sure, the famously eccentric copper heiress Huguette Clark chose to live the last 20 years of her life in an unadorned hospita

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Mick Jagger and L'wren Scott

Mick Jagger’s Estate Planning Lesson

With a black silk scarf and a Will executed in California, New York designer L’Wren Scott passed away in March. What she left behind goes to Mick Ja

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Defending Michael Jackson’s Estate

When someone dies, his or her estate is still open to allegations and lawsuits and a good estate lawyer has to be ready to defend the estate, even whe

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Portrait of Smiling Family on Steps

Why Do You Need a Will Now?

Why Do You Need a Will Now? Surveys reveal that most Americans put off until tomorrow the Will they should prepare today. Why? Because facing mortalit

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POA

What is a Power of Attorney? How Can it Help?

What is a Power of Attorney? How Can it Help? You make decisions each day about your finances and your healthcare. If a day comes that you are injured

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PHS

A Cautionary Tale: The Will of Philip Seymour Hoffman

A Cautionary Tale: The Will of Philip Seymour Hoffman Phillip Seymour Hoffman was one of the most talented actors of his generation. When he passed aw

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will

Five Things You Need to Create a Will

From the BMC Newsletter: The Five Things You Need to Create a Will Creating a valid Will in New Jersey is a straightforward process. However, getting

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121121105105-hadfield-reform-law-story-top

Why Using an Attorney to Prepare Your Will Makes Sense

You like to do things yourself and feel that you can save some money by preparing your own Will. However, before you head for the computer to download

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retirement

Taking Care of Tomorrow: Five Important Reasons Why You Need an Estate Plan

It’s easy to put off preparing your estate plan until tomorrow. Let’s talk about five good reasons to speak with an attorney and prepare your esta

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