Planning for the distribution of your assets and wealth is an important part of estate planning. For individuals in New Jersey, including a spendthrift clause can be a smart decision. A spendthrift clause is a legal provision that you can add to a trust. The main...
Estate Planning
Choosing the right guardian for your child
Every parent needs a comprehensive estate plan that includes guardianship appointments for their children. This ensures that your children remain safe and cared for in the event of the unexpected. The person you name as your child’s guardian plays an important role in...
What are the different parts of a will?
A will serves as a roadmap for the distribution of one's assets after their passing. It is important to know all about the various parts of a will to ensure you can accurately write your wishes. By educating yourself more about what is commonly in a will, you can make...
3 reasons to have estate planning regardless of age or estate size
When it comes to planning for the future, the size of your estate and your age might seem like crucial factors. However, the truth is that everyone, no matter their age or the size of their estate, should have an estate plan in place. Estate planning is about ensuring...
Frequently overlooked aspects of estate planning
Estate planning is a complex process that involves determining how you want to distribute your assets and property after you pass away. It also has documents that help your loved ones make important decisions about your healthcare and financial management in case you...
What traits should you look for in an executor?
When thinking about passing on your inheritance and heirlooms, you may imagine what you want to give to your beneficiaries. In addition to this choice, you also need to consider who you want as your executor. Your choice may not be obvious at first if you do not know...
How to retain your privacy while doing estate planning
Estate planning often involves revealing sensitive personal information. This may include details about your financial status, family relationships and future plans. In New Jersey, you may wonder how to keep these details private while still creating a comprehensive...
Sharing your estate plan with loved ones: Benefits and drawbacks
Estate planning is a crucial aspect of financial planning that ensures the proper management and distribution of assets after passing. It is a deeply personal process that can raise questions about transparency, including whether to share your estate plan with loved...
Creating an estate plan is important even if you do not have kids
When many people think about estate planning, they often assume that only those who have children need to do it. However, even if you do not have kids, creating an estate plan is still essential to ensure that you dictate how your assets get distributed after you pass...
What costs go into a New Jersey funeral?
Estate planning covers a lot of moments in your life, from advanced medical directives in your twilight years to inheritance distribution after your death. One aspect that many clients may overlook is the cost of your funeral. Many families often need to hold car...