The Documents You Need for Your Estate Plan

estate-planning

The Documents You Need for Your Estate Plan Whether you are thinking about creating an estate plan or already have one in place, it is important to ensure you have the proper documentation. Unless you have a law degree, understanding estate planning can be confusing. In this DIY age, you may be inclined to try and create your estate plan

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More Help for Modest Estates in New Jersey

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For people of modest means, the estate administration process often adds legal and administrative expenses that serve only to reduce the amount of the estate that passes onto heirs. In addition to these hard costs, a lot of the heirs’ time and energy can be lost at a time when they are likely already grieving the loss of a loved

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Understanding “I Love You Wills” in New Jersey

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If you are married and creating or updating your estate plan, you may be considering “I love you Wills.” Essentially, this type of Will leaves all your personal belongings to your spouse in the event of your death, and vice versa. For many married couples, “I love you Wills” present a more straightforward approach to estate planning — you love

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What are Your Responsibilities as an Estate Administrator in New York State?

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Contrary to what you may have heard, an administrator is not the same as an executor. An executor is a person named in a will to carry out the descendant’s last wishes. The job of the administrator, on the other hand, is to ensure the estate of the descendant is processed in accordance with the state’s intestacy laws. In addition,

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New Jersey has an Inheritance Tax, too?

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As we the New Year begins to take hold – it’s time for us to circle back to a few basic estate planning concepts. If you live in New Jersey, or know someone who does, there’s nothing more ominous than New Jersey Estate & Inheritance Taxes. I recently wrote an article here about the NJ Inheritance Tax and I’m publishing it

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