Creating a Fair Estate Plan for Your Children

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If you’re a parent, it goes without saying — you want what’s best for your kids. When your children are young, it makes sense to divide your estate equally among them. However, as your kids get older and reach their 20s and 30s, you may discover that one child is more financially responsible than another. How does this affect your

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What is Testamentary Capacity?

Testamentary-Capacity

The creator and signer of a Will is known as a testator. Testamentary capacity, therefore, is the ability of the testator to knowingly sign his or her Will. There are numerous ailments that may result in the incapacity of the testator, preventing him or her from validating an unsigned Will. One of the most common diseases that causes this is Alzheimer’s Disease.

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My Kids Are So Different – How Do I Plan My Estate?

power of a will, wills, trusts, estate planning, union and hunterdon counties new jersey

Thank you for reading the July edition of BMC’s End of the Month Newsletter. This month my wife is on a two-week (actually 16 day) trip to South Africa, and Daddy (that’s me) is on duty right now. Her absence has me thinking about estate planning as it relates to children. When your children are young, it makes sense to

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Common Questions about New Jersey Estate Administration

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Becoming the Executor or personal representative of an estate is an important, yet often confusing, responsibility. Should a loved one or relative appoint you as Executor of their estate, you should contact an attorney. He/she can immediately alleviate much of the stress and confusion you experience as a result of your new obligation. To further achieve that end, following are

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Solemn versus Common Probate

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It’s a fact of life that people die. As individuals, we have many different personal and spiritual views on the subject. The law, on the other hand, has a rather limited perspective. When someone passes, one of the primary legal issues that arises is the disposition of their worldly possessions. These possessions collectively amount to what we call the deceased

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