Month: February 2020

How does New Jersey’s inheritance tax work?

On Behalf of Vizzoni Law Firm, L.L.C. | Feb 28, 2020 | Estate Planning

Inheritance taxes are one of the most confusing aspects of estate planning and asset protection law. New Jersey's inheritance taxes have a few twists and turns that you should know as you're making plans. 1. Your relationship to the deceased determines the inheritance...

What protections do discretionary lifetime trusts provide?

On Behalf of Vizzoni Law Firm, L.L.C. | Feb 14, 2020 | Asset Protection Planning

There are many different types of trusts that exist. A discretionary one is quite common. It's essentially an asset protection tool that allows for a grantor to appoint a trustee to make distributions. This type of trust is also different from other types of them in...