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People often assume that estate disputes revolve solely around possessions. Two people want the same assets, they can't have them and so they start a long legal dispute to see who gets them.Certainly, this does happen, and assets do change hands during these disputes....
When was the last time you gave some serious thought to your estate plan? If you cannot remember, or if you have never done any estate planning, you are not alone. We will all need it eventually, so why don't we think about it more often?For one thing, many people do...
As of Jan. 1, New Jersey no longer has a state-imposed estate tax. However, we still have an inheritance tax on assets that go to a beneficiary after a person's death.Surviving spouses do not have to pay an inheritance tax on assets left to them by their husband or...
When you're writing your will in New Jersey, you must take into account the state's estate tax laws and how they can impact the money you're leaving behind. A small mistake or oversight could cost your family a lot.For instance, one man became sick and decided to...
You may know what types of medical care you want, but what if you cannot tell the doctors? What if you have a stroke, for instance, and you are unconscious when you reach the hospital. How are doctors supposed to know if you want to use life support, if you want to be...
When setting up an estate plan, one of the most important tools to consider is a trust. There are a wide variety of trusts you can use for a range of purposes. One of the largest benefits is that trust assets don't have to go through probate, and good planners may be...