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When a person passes away in New Jersey, someone will be named the executor or administrator of the deceased person’s estate. The person chosen as executor will be responsible for distributing and managing the assets of the estate and making sure that all...
When thinking about estate planning, many people do not take into account what taxes may apply to their assets after they are gone. Careful planning can prevent death taxes from taking a substantial amount out of the estate. It is important for New Jersey residents to...
When a child is dealing with the loss of a parent it is a very emotional time. Children are grieving the loss of their loved one while also trying to deal with the practical matters of the death. One major issue that may occur is trying to track down a parent’s will....
When someone dies, their estate will need to go through the probate process before their property can be transferred to living beneficiaries or family members. The probate process can be complicated and time-consuming, so knowing what to expect can be helpful. Opening...
People in New Jersey and elsewhere often wonder what happens to a person’s assets when that person dies without leaving a will to direct the distribution of the person’s property. The answer is provided by New Jersey’s laws of intestate succession. Whenever a person...
In the estate planning process, you may select a loved one in your will to serve as the executor of your estate. However, executors in New Jersey have many duties and obligations and not everyone is up to the task. The following are some issues to discuss with the...
When a loved one dies in Bridgewater, it is natural for you and others to have concerns over the distribution of their estate. Your hope is that they stipulated how they wanted their various assets and properties distributed in a will. Yet what if they did not? Many...
When someone dies without a will, it can leave family members unsure of what their next step should be. If you want to become the administrator of your loved one's estate, you have to follow the requirements carefully. We have often assisted people through the probate...
A medical power of attorney is an estate planning document that designates someone as another person's agent when it comes to making medical decisions. That agent can make decisions that, legally speaking, work as if they came from the person themselves. It comes into...
A testator's loved ones often come out of the woodworks en masse to stake claim to their loved ones' assets immediately following their death. You as the executor shouldn't give in though. It could be quite costly if you do.Some of the assets that you may not want to...