Estate Planning for Medical Professionals Every individual should have an estate plan, but medical professionals have special needs and concerns. There are a number of options available to protect your assets and guarantee that the practice you spent years building benefits your heirs when you pass away. Knowing the various ways to retain your […]
Pass Your Family Home on to Your Children
Pass Your Family Home on to Your Children You may be considering passing your family home on to your children. If that is the case there are several different estate planning tools and legalities you should be aware of to make certain that the transfer is done correctly and your children will benefit from this […]
Common Disputes Leading to Estate Litigation
Common Disputes Leading to Estate Litigation If a person creates a Last Will and Testament in order to distribute assets and property following his or her death, that person likely thinks that there will be no challenges to the will in the probate process. However, because probate is a public legal proceeding, anyone who […]
Common Estate Planning Mistakes
Common Estate Planning Mistakes The most common mistake in estate planning is simply not having a plan at all. However, as people begin to consider how they want to distribute their assets upon their death, or who they would name as power of attorney, many people make similar mistakes during the process. The […]
Taking Time to Discuss Estate Planning
Taking Time to Discuss Estate Planning Many people are indoors now as they are required by their state and local governments to “shelter-in-place” or “stay home” due to the COVID-19 epidemic. During this time, your elderly loved one’s may either be staying with you, or you may be communicating with them often to ensure that […]
Estate Planning and the Coronavirus
Estate Planning and the Coronavirus During this time of world crisis, you may be forced to quarantine in your home. While there are several productive projects you could do, one of the most important would be to consider your estate planning needs. If you have already started the process of estate planning, or are just […]
Things to Consider About Your Estate Planning After Divorce
Things to Consider About Your Estate Planning After Divorce There are many things you need to change in your life following a divorce. At some point, however, you should consider changing your estate planning documents either during the divorce process or shortly thereafter. Even if you do not have a substantial estate, estate planning can […]
How Often Should an Estate Plan be Reviewed?
How Often Should an Estate Plan be Reviewed? When you have an estate plan, nothing is set in stone if you do not want it to be. You can always choose to make adjustments to your estate plan at a later time. You may need to make adjustments to the plan for several reasons. […]
Common Mistakes to Avoid When Estate Planning in New Jersey
Common Mistakes to Avoid When Estate Planning in New Jersey Putting together your estate plan is one of the most important things you will do in your life. The documents that go into an estate plan are legally binding, can be changed when you need to change them, and should be reviewed often to make […]
Ask an Estate Planning Lawyer in Paramus, NJ: Retirement Plans Under Tax 2.0
Ask an Estate Planning Lawyer in Paramus, NJ: Retirement Plans Under Tax 2.0 Even though the 116th Congress appears to be divided on a host of issues, there are some areas in which there is bipartisan support, and bills are getting approved and passed into law. For example, in December 2018, the First Step Act, […]
